Some Car Assemblers May Exit Pakistan- Says IMC
IMC has warned that if the current situation persists “some players may exit from the market.”
Some Car Assemblers May Exit Pakistan- Says IMC Read MorePakistan
Dewan Farooque Motors to Launch KIA Cars in Pakistan
In a surprising notification sent to the Pakistan Stock Exchange (PSX), Dewan Farooque Motors Limited (DFML) has announced that they have entered into an agreement with the KIA Corporation of South Korea to produce and assemble Kia vehicles in Pakistan.
Dewan Farooque Motors to Launch KIA Cars in Pakistan Read More
Demand for Petroleum Products Drops by 16.5%
The overall demand for petroleum products in Pakistan has remained sluggish at 1.66 million tonnes amid an economic slowdown in the month ended October 31, 2022. This is a 16.5% drop when compared to the same period of last year.
Demand for Petroleum Products Drops by 16.5% Read More
Shell Pakistan Promotes Biker and Rickshaw Fueling Safety
Shell Pakistan promotes biker and rickshaw refueling safety to its consumers and has launched a safety campaign, named “Ehtiyaat Bunay Hifaazat” (precaution means protection), aimed at creating awareness amongst 2-wheelers and 3-wheelers of the risks of staying seated on their vehicles while fueling.
Shell Pakistan Promotes Biker and Rickshaw Fueling Safety Read More
Honda Will Now Deliver HR-V in June 2023- Not January!
Honda has pushed back the delivery of new HR-V to June 2023
Honda Will Now Deliver HR-V in June 2023- Not January! Read More
500% More Taxes on Imported Cars to Protect the Local Assemblers
In startling revelations, the government has imposed up to 500% more taxes on imported cars to protect the local car assemblers from foreign competition. In return, however, the assemblers have passed on the agony by overcharging consumers and delaying deliveries for up to one year.
500% More Taxes on Imported Cars to Protect the Local Assemblers Read More
Honda Atlas Launches the New HR-V in Pakistan
Honda Atlas against all odds has finally launched the new HR-V in Pakistan. Available in two variants, the Honda HR-V is priced at PKR 59.99 lac for base variant while the up-spec S version has been priced at PKR 61.99 lac.
Honda Atlas Launches the New HR-V in Pakistan Read More
Pak Suzuki Announces Another Shutdown Schedule
Pak Suzuki has announced the closure of its assembly plant for another 3 days. According to the notification, the company said it would suspend its operations from October 24 to October 26, 2022.
Pak Suzuki Announces Another Shutdown Schedule Read More
FBR Imposes Additional Customs Duty (ACD) on Imported Car Parts
Federal Board of Revenue (FBR) has imposed additional customs duty (ACD) on several imported items including car parts according to S.R.O.1930(1)/2022 issued on Wednesday.
FBR Imposes Additional Customs Duty (ACD) on Imported Car Parts Read More
Prince DFSK Prices Reduced by up to Rs 300,000
Regal Automobiles has reduced the prices of its Prince and DFSK vehicles by up to Rs 300,000. According to the company, as Pak Rupee is gaining strength against the US Dollar, it wants to pass on this effect to its valued customers.
Prince DFSK Prices Reduced by up to Rs 300,000 Read More