Used cars import policy need to be reviewed: ATIAK

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Staff Reporter

Karachi

Car dealers have said that due to restrictions on import of used vehicles the business of car sales has suffered terribly and many showroom owners have shut down their businesses. Chairman of Automotive Traders & Importers Association Karachi (ATIAK) Muhammad Kamran Khan and President ATIAK Ch. Aamir Ali Khan have requested the Karachi Chamber of Commerce & Industry (KCCI) to support the car dealers in getting their parking issue resolved as not a single vehicle belonging either to showroom owners or walk-in customers was being allowed to get parked outside any showroom which terribly affects their businesses.
Speaking at a meeting during the visit of ATIAK delegation to KCCI, Chairman and President ATIAK said that relocating showrooms outside Karachi was not a feasible option as not a single customer will come all the way out of city beyond Sohrab Goth to buy cars mainly due to security concerns hence, the relevant authorities will have to come up with some other feasible option in which relief has to be ensured for perturbed showroom owners. President KCCI Agha Shahab Ahmed Khan, Vice President KCCI Shahid Ismail, Chairman of KCCI’s Special Committee for Small Traders Majeed Memon, Co-Chairman Talat Mehmood, Founder ATIAK Adil Khan, ATIAK delegates and KCCI Managing Committee Members were also present at the meeting. Chairman ATIAK Muhammad Kamran Khan pointed out that due to severe curbs imposed on the imports of used cars particularly the amendment in the Import Policy Order 2016 in which clearance of cars through foreign exchange has been made mandatory, the car sale business has suffered terribly and dozens of car dealers in various localities have shut down their businesses.
“The situation has created a lot of problems not only for the car dealers but also for many other allied businesses including the denting & painting workshops and mechanics etc., rendering thousands of people jobless”, he added. Chairman ATIAK stated that the importers of used cars pay billions of rupees each other in shape of taxes and custom duties but the restrictions on imported cars have brought many businesses on the verge of complete collapse whereas the government was also losing billions of rupees being generated through custom duties and registration of imported vehicles. “The entire strategy needs to be reviewed and relief has to be provided hence, KCCI, being the premier trade body, must come forward to help out and save car dealers”, he added.