Pak Suzuki Declares Biggest Loss After Tax (LAT)
Pak Suzuki, Pakistan’s largest auto assembler has announced its biggest-ever loss after tax (LAT) of Rs 12.91 billion in the …
Pak Suzuki Declares Biggest Loss After Tax (LAT) Read MoreAuthor: News Desk
Toyota Unveils 2 New bZ Series Models at 2023 Auto Shanghai
After having launched the bZ4X electric SUV globally and the bZ3 EV sedan in China, Toyota has unveiled two pure-electric concept models, the bZ Sport Crossover Concept and bZ FlexSpace Concept, at Auto Shanghai, which started on April 18, 2023.
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PAAPAM Says Auto Industry Might Shut Down Permanently
Unless immediate countermeasures are taken to save the “mother of all industries”, a massive tragedy would unfold, as the entire auto parts industry would shut down permanently, leading to losses of millions of jobs, rollback of localization, and repatriation of foreign investments by all the automotive assemblers.
PAAPAM Says Auto Industry Might Shut Down Permanently Read More
Iran’s Saipa to Release its First Plug-in Hybrid by March 2024
The first plug-in hybrid electric vehicle (PHEV) from Saipa, Iran’s second-largest automaker, is projected to enter the market by the end of March 2024.
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Regulatory Duty on Used Cars Import Expire- FBR Yet to Confirm
The Government of Pakistan has abolished the regulatory duties (RD) on the import of used cars with an engine capacity of up to 1800cc, making these vehicles significantly less expensive and more accessible to consumers.
Regulatory Duty on Used Cars Import Expire- FBR Yet to Confirm Read More
FBR to Allow Temporary Import of Vehicles in Pakistan
The government has established a new regulation that permits foreigners traveling to Pakistan for leisure or business to bring their vehicles with them for a duration of three months.
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Kia Niro PHEV Wins Prestigious Red Dot Award
It’s another feather in the cap for the new Kia Niro as its plug-in hybrid version has been recognized with a Red Dot Design Award in the “Product Design” category.
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Sazgar Increases Haval H6 Prices Again
Sazgar Engineering Works Limited (SEWL) has announced a price increase for all the variants of the Haval H6 SUV in Pakistan without providing any explanation.
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Toyota to Launch 10 New EV Models by 2026
Toyota under the leadership of its new boss seems to be altering the path set by its former chief Akio Toyoda who was the grandson of the founder of the company.
Toyota to Launch 10 New EV Models by 2026 Read More
Chinese Automakers Outsell Russia’s Lada in Q1 of 2023
In the first quarter of 2023, Russians bought more Chinese automobiles than Ladas, the country’s most popular locally produced car. This demonstrates Beijing’s expanding influence in Russia’s economy as Western automakers flee the country.
Chinese Automakers Outsell Russia’s Lada in Q1 of 2023 Read More