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Tag: Germany’s auto industry

Govt imposes excise duty on imported vehicles, raises taxes on large SUVs, luxury EVs
Latest
  • Syed Raza Hassan
  • May 24, 2025
‘Govt’s plan to relax vehicles’ import to inflict big dent to local auto industry’

Chairman of Lucky Group Tabba says the government’s policy will turn the country into a “junkyard” for old vehicles and undermine ongoing efforts to promote EVs.

Latest
  • Web Desk Karachi
  • Feb 19, 2025
Germany’s auto industry in crisis – a perfect storm of challenges

The potential for tariffs on their cars, particularly from the US, has become a pressing concern. About 75% of cars produced in Germany are exported, and increased trade barriers could significantly harm the industry.

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