Over the years as other heavy industries are developing bit by bit, there is clear indication that automobile industry is also going to be established soon. The yearly demand of transportation is increasing as the communication systems are developing and population in urban areas are increasing. With a steady growth rate of GDP, the purchasing power of individuals are is going up every year. Thus the purchasing power of individuals has risen along with the demand for cars, motorbikes and commercial vehicles. The wide variety of brands of vehicles, whether commercial-heavy or light motor vehicles, are imported by Bangladesh and the countries of origin mainly include countries like Japan, India, South Korea, China, Germany, France, Malaysia, UK and USA (International Trade Centre, 2002). But since government imposed a huge amount of tax over the import of vehicles, affording a vehicle has become difficult for middle income earners which are the majority portion of the country. Thus the necessary of setting up this industry is necessity now.