Local auto industry situation is getting worse day by day due to economic condition, Political instability and ofcourse dollar being surge everyday.
Because of this, auto companies are slinging the bookings, the basic focus of discussion during PAC(Public Accounts Committee) was related to auto industry.
In an huddle, PAC informed that around Rs. 217 billion have been deposited by the customer against advance payment to 10 auto firms.
Toyota Indus Motors Company (IMC): Rs. 112 Billion
Pak Suzuki Motor Company: Rs. 41.66 Billion
Honda Atlas: 23 Billion.
