Wire · operational-macro
'Auto policy puts 1.5m jobs at risk'
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 24 October 2026 · Fusion42 review
Pakistan's draft Auto Policy 2026-31 proposes tariff reductions on fully built vehicles and parts, along with incentives for new-energy vehicles, risking 1.5 million jobs in the domestic automotive parts sector that currently supports $1.8 billion in import substitution. The policy exposes tensions between importers seeking market access and local manufacturers worried about viability amid increasing competition from Chinese and electric vehicle makers.
This Wire brief sits within Fusion42's coverage of Electric Vehicles.
◆ ◆ The Wire takeaway
The Pakistani auto parts sector faces a direct threat from tariff cuts accelerating foreign vehicle imports. You in local manufacturing must urgently engage policymakers to secure protections or new incentives before the policy finalises.
◆ Coverage
1 source · 24 Oct 2026
◆ Related on Wire
◆ Topics