Pakistan's Trusted Automobile Blog
Public Accounts Committee (PAC) was recently informed that Rs. 189 billion have been deposited by customers as advance payment to 10 car companies.
Local Assemblers Have Rs189 Billion as Advance Payments Read More
Pakistan’s auto parts manufacturers have said that they are facing the worst crisis in history as small units in the industry are going bankrupt because of the domino effect of currency depreciation, spiraling inflation, rising freight costs, escalating utility tariffs, mounting bank interest, skyrocketing material cost and working capital crunch.
Auto Parts Makers Fear They Will Go Bankrupt Read More
Pak Suzuki alongside its regular lineup of vehicles, has displayed 3 new cars at the ongoing Pakistan Auto & Parts Show (PAPS 2022) that is being held after a hiatus of 2 years at the Expo Center, Lahore.
Pak Suzuki Displays 3 News Cars at PAPS 2022 Read More
Indus Motor Company (IMC) has once again jacked up the prices of Toyota cars in Pakistan citing massive devaluation of the Pak Rupee against the US Dollar, imposition of CVT (Capital Value Tax) by the government and increased raw material & transportation costs as the key reasons behind the latest hike.
Toyota Prices Increased Again- This Time By Up to Rs 3.16 Million Read More
Pakistan’s two leading auto assemblers, Toyota and Suzuki will observe partial plant shutdowns next month due to unavailability of raw material amid import restrictions and exchange rate volatility, according to a report published by Reuters.
Pakistan’s Top 2 Assemblers to Observe Partial Plant Shutdowns Read More
Pak Suzuki will reduce the number of production days in August due to shortage of parts following restrictions on their import imposed by the State Bank of Pakistan (SBP).
Pak Suzuki to Observe Plant Shutdowns in August Read More
After increasing the prices of Tucson crossover on 22nd July, Hyundai-Nishat has jacked up the prices of Elantra and Sonata sedans which will come into effect from 25th July 2022.
Hyundai Elantra and Sonata Price Increased by Up to Rs 830,000 Read More
The import bill of completely and semi-knocked down (CKD/SKD) kits of locally assembled cars hit an all-time high of $1.7 billion in FY22 compared to $1.11bn in the preceding year, registering a jump of 52%
CKD/ SKD Imports Hit Record $1.7 Billion in FY22 Read More
The troubling times for import-dependent local auto industry continues as more assemblers will observe non-production days (NPDs) in July and August.
Auto Sector’s Woes Continue as More Assemblers to Observe NPDs Read More
Indus Motor Company (IMC), the assemblers of Toyota cars in Pakistan, has decided to start offering refunds to customers facing delays in deliveries
IMC to Offer Refunds to its Customers Read More