The automobile manufacturing industry has made a record recovery, once it was claiming losses and now is claiming a record 170% profit. Although the industry claim this high profit is because of devaluing Japanese Yen and reduced input costs, but the reality is that these claimed reasons are not recent changes. The only recent change in the business of automobile manufacturing has been the addition of FBR personnel at the manufacturing facilities to check undeclared manufacturing. This sudden increase in profit highlights the duplicity of automobile manufacturers and therefore the FBR should audit the records of these companies for the past five years to ascertain any more undeclared manufacturing.


Peshawar, September 15.