Advertisement

Javed Afridi Finally Speaks Up on FBR Investigation Against MG Motors

Problems are piling up for Morris Garages (MG) Pakistan that is suffering damages worth hundreds of millions of rupees owing to the loss of seven of its new SUVs in a car carrier accident near Daulatpur, Sindh, last week.

Advertisement

In the latest news, a story published on Sunday claims that the Federal Board of Revenue (FBR) had launched an investigation against MG Pakistan for allegedly under-invoicing the customs value of the HS SUV.

Javed Afridi, a key stakeholder of MG Pakistan, promptly took to his social media to clarify the matter. His tweet read:

“For decades, Pakistani automobile consumers have been exploited by cartels that cornered them with low quality, boring models at exorbitant prices. Plus, buyers had to pay billions of rupees to get delivery of the very vehicles the price of which they had already paid. As new entrants bring in exciting new models at far lower prices, instead of competition, we expect maligning campaigns and baseless rumors. While we know that competition is an unfamiliar phenomenon in Pakistan’s automobile industry, we invite everyone to join in a fair competition to serve Pakistani consumers with a bigger and better variety of vehicles at lower prices.”


ALSO READ

Kia Announces Launch Date for Its Sorento SUV


Without taking names, Afridi has indicated that the stories being circulated are planned propaganda against the new automakers that are introducing better products at cheaper prices.

Various mainstream media outlets have also reported that MG Pakistan’s officials have stated that the company has not been issued a notice for investigation by the FBR and that it will be sending legal notices to the parties involved in the propaganda against it.


ALSO READ

Peshawar Zalmi Announces Brand Ambassador for PSL 2021


Javed Afridi is one of the most influential businessmen in Pakistan who has been fairly active in transforming the local automotive sector. He is also a huge proponent of the normalization of electric vehicles (EVs) in Pakistan and is also planning to introduce an EV charging network across the country.

Advertisement

He has claimed on his social media accounts that such stories are “baseless rumors” and that he will “fight against this mafia” to introduce reasonably priced better quality products in Pakistan.

Advertisement

  • FBR THINK ABOUT AUTO SECTOR GIVE THEM LESS TAX FREE SERVICES :
    BANGLADESH ALREADY WORKINGN ON IT ON AUTO SECTOR

  • Salute to Javed afridi for introducing full option vehicles n local industry on economical prices , we know big 3 mafia will try thier best to make him fail but we end user are having only concern with quality and price, thats enough well done Javed afridi , waiting for further models

  • بھائی تم
    under invoicing
    کرو تو یہ باقی آٹو مینوفیکچرز کا پروپیگنڈہ کیسے ھوا؟
    اپنی دو نمبری کیلئے کسی کو الزام مت دو اپنا جواب خود دو.

    اب آفریدیوں کی عزت صاف کرنے کا وقت ھے کہ یہ صرف سمگلنگ اور غلط کام سے پیسہ نہیں بناتے

  • DJango,
    How can you say with that surety that his imports are under invised, have you ever seen the Pakistan customs systems you would not have speculated that falls rumours.

  • جاوید آفریدی کی بات پہ یقین کیا جا سکتا ہے کیونکہ ٹویوٹا ھنڈا اور سوزوکی نے ایک عرصے تک اپنی اجارہ داری بنائی رکھی اور نئے لوگوں کو مارکیٹ میں داخل نہیں ہونے دیا لیکن تحقیقات ہونے دیں یہی بہتر ہے اب نئے کھلاڑی آنا شروع ہو گئے ہیں تو تکلیف سمجھ آتی ہے جیسے جیو نے بول کو بند کروایا دیا تھا اگر جاوید آفریدی کے ہاتھ صاف ہیں تو فکر کی بات نہیں نئی انویسٹمنٹ آئے گی تو زیادہ نوکریاں بھی ہوں گی اور حکومت کو چاہیے نئے لوگوں کو مارکیٹ میں لاے تاکہ دولت کا ارتکاز چند لوگوں تک نہ رہے

  • If it wasn’t for the new entrants in the Auto Sector, the older ones would have kept on serving antiques or bareboned vehicles…

  • In the latest news, a story published on Sunday claims that the Federal Board of Revenue (FBR) had launched an investigation against MG Pakistan for allegedly under-invoicing the customs value of the HS SUV.

  • Advertisement

    See ProPakistani in...
    ProPakistani App
    close
    >