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Restrictions on import of used cars relaxed

Restrictions on import of used cars relaxedISLAMABAD: The Ministry of Commerce made revisions to the Import Policy 2022 on Thursday, easing restrictions on the import of used and unregistered vehicles. According to the updated policy, the government now permits the importation of used cars with a mileage of up to 2,000 kilometers, contrasting with the previous regulation which restricted imports to vehicles with a maximum mileage of 500 kilometers. Under the revised import policy, vehicles with mileage not exceeding 2,000 kilometers will be classified as “new,” as outlined in the ministry’s notification. It’s noteworthy that imports significantly impact the…
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Used cars: Prices will fall 5.7% in 2024, expert says

Used cars: Prices will fall 5.7% in 2024, expert says | Automotive NewsSkip to main contentNEWSOPINIONDATA CENTERVIDEOSEVENTS & AWARDSJOBSResource Center+MOREAdvertiseLeading Women NetworkPodcastsWebinarsIn the Driver’s SeatPublishing PartnersAPCO HOLDINGS: Strategies for handling new F&I dynamicsAPCO Holdings: Connected cars create new challenges and opportunities in F&IAPCO Holdings: The Wild Ride into the Future of F&IAllstate: Compliance standards are changing. Here’s what you need to know.Allstate: The ABCs of maximum F&I effectivenessAlly All Ears Podcast Episodes | The next evolution in virtual F&I…