# PM Shehbaz clears auto policy to boost localisation

> Pakistan's prime minister approves automotive policy to cut prices and increase local manufacturing.
- Title: PM Shehbaz clears auto policy to boost localisation | Shortify
- Summary: Pakistan's prime minister approves automotive policy to cut prices and increase local manufacturing.
- Keywords: pakistan, automotive industry policy, localisation, vehicle prices, shehbaz sharif, federal cabinet, imported vehicles, electric vehicles, consumer protection, on money charges, Daily Times
- Source: Daily Times — https://dailytimes.com.pk/1578385/pm-shehbaz-clears-policy-to-drive-auto-localisation-cut-prices
- Author: Sajid Salamat
- Published: 2026-11-08T00:11:33+00:00
- Read time: 1 min
- Topics: pakistan, automotive industry policy, localisation, vehicle prices, shehbaz sharif, federal cabinet, imported vehicles, electric vehicles, consumer protection, on money charges, news
## Policy approval
Prime Minister Shehbaz Sharif approved the final draft of Pakistan’s Automotive Industry Policy for submission to the Federal Cabinet.
## Localisation focus
The policy aims to increase local content, develop domestic vendor industries, and reduce dependence on imported vehicles.
## Safety and consumer protection
Inadequate safety standards in imported used vehicles remain a serious concern under the new policy.
## Electric vehicle promotion
The government plans to accelerate electric vehicle adoption to reduce oil dependency and inflation.
## On money charges
Manufacturers cannot demand advance payments exceeding 20 per cent of a vehicle’s price at booking.
## Tariff policy impact
Reduced costs of imported raw materials will help domestic manufacturers lower prices and compete internationally.
## Implementation timeline
The policy will be submitted to the Federal Cabinet for formal approval before implementation.
## Consumer protection measures
Third-party audits will strengthen accountability and public confidence in government initiatives.
## Policy goals
The government aims to transform Pakistan’s automotive industry into a competitive manufacturing base driven by localisation.
## Key takeaway

Pakistan's prime minister Shehbaz Sharif approved the final draft of the Automotive Industry Policy to drive localisation, reduce vehicle prices, and address import dependencies.