Professional Documents
Culture Documents
Reused cars valuation is a big issue since the price is rising due to brokers which is hurting sale of
new cars.
While commenting on the near term outlook, the BoD stressed on the need to revisit the
valuation of used vehicles and auto parts by the government, as the concessionary duties
and valuations put the local industry at disadvantage. The board also supported the request
made by certain existing automakers to the government for facilitation of their future expansion
and investment projects, citing investments as being beneficial to the country, either by a new
entrant or an existing player.
IMC- Pakistans second largest carmaker after Pak Suzuki announced the booking of
11th generation Toyota Corolla model in July 2014. Corolla is the flagship car of IMC
which has a dominant market share of over 60% in the 1,300cc-engine category in
Pakistan.
LESS MOTORISATION: The country has only 16 cars per 1,000 people. By 2020
the ratio is likely to reach 20 cars per 1,000
500,000 cars per year by 2022: Currently 225,000
IMC holds an annual production capacity of 54,800 units, which are sold under the
brand name of Toyota. The planned capacity enhancement would bring the
production to 75,000 vehicles a year
The government recently announced auto policy 2016-21 containing a number of
incentives for Greenfield and Brownfield projects in the countrys Japanese-
dominated auto market
On premium (own money) and black marketing, Jamali said the government should
impose Rs100,000 as a levy per car if the first owner sells it within six months of the
purchase. This will eliminate the middleman and investors who create artificial
shortage of cars in the market, he added
IMC Market Share: 28% 2nd after Suzuki. First in industry by Revenue, 2nd by
volume.
Management Trainee
Job Summary
Responsible for working alongside managers and accepting delegated responsibilities and
duties with the goal of eventually becoming a manager.
Primary responsibilities
Work with other managers to plan and direct the work of the organization.
Help set policies.
Evaluate work output.
Receive classroom instruction in subjects related to their rotational experience.
Attend lectures, watch guest speakers, and create projects, oral presentations, and
take tests.
Work in different departments to gain perspective, including marketing, sales,
customer services, purchasing, merchandising, and personnel departments.
Handle established accounts to gain familiarity.
Adhere to guidelines of formal written training program.
Attend periodic evaluations.
Achieve a passing score in all areas of the management training program in order to
continue in the program.
Participate with store management in interviewing, hiring, and training employees.
Use company reports to analyse sales, gross profit and inventory activity.
Identify trends and recommends proactive or remedial action to manage business
situations.
Report market activity to management by monitoring and analysing competitive price
lists and products.
Work with and through management to develop and implement actions that protect
company assets and profitability.