Pakistan Archives - Page 54 of 187

Hyundai Tucson Price Increased by Rs 1.0 Million

July 22, 2022 - by UsmanAnsari - 2 Comments.

Hyundai-Nishat has given a massive push to the price of Tucson crossover in Pakistan. This is the third time during the calendar year 2022 that the price of Hyundai Tucson has been revised, though the latest price increased is the biggest one observed yet.

Kia Prices Increased by Up to Rs 1.1 Million

July 19, 2022July 20, 2022 - by UsmanAnsari - 6 Comments.

Lucky Motor Corporation (LMC) has announced to increase the prices of Kia cars in Pakistan effective from the 19th of July 2022.

Historical Figures in June, Auto Sector Posts Record Sales in FY22

July 16, 2022July 16, 2022 - by UsmanAnsari - 3 Comments.

Defying all odds, sales of passenger cars in Pakistan leapfrogged to a historic high at 28,379 units in June 2022, soaring 24% compared to the previous month and 106% compared to the same month a year ago.

Pakistanis Experiencing 52.2% Increase in Petrol Prices in Last 6 Months

July 15, 2022 - by UsmanAnsari - 5 Comments.

Analysts at Picodi.com have examined the dynamics of petrol price change in APAC and around the world during the first quarter of 2022 and calculated how many liters of petrol one can afford for an average wage in Pakistan.

11th Gen Toyota Corolla Becomes 8 Years Old in Pakistan

July 14, 2022 - by UsmanAnsari - 4 Comments.

11th generation Toyota Corolla has officially become 8 years old in Pakistan. Indus Motor Company (IMC) had introduced this generation back in July 2014, so fast forward July 2022 it has officially entered its 9th year of production in the country.

Stakeholders Urge Govt to Allow SMEs to Make Plastic Body Bikes

July 14, 2022 - by UsmanAnsari - 14 Comments.

Stakeholders of the motorcycle industry have urged the government to allow small and medium enterprises (SMEs) to start manufacturing economically viable plastic body bikes as steel-framed motorcycles are slipping out of the common man’s reach.

Airlift Shuts Down Operations in Pakistan

July 13, 2022 - by UsmanAnsari - 1 Comment

Pakistan’s biggest quick commerce startup Airlift has announced to permanently shut down its operations in the country.

Assemblers Anticipate a Massive Drop in Sales

July 11, 2022 - by UsmanAnsari - 1 Comment

Local auto assemblers anticipate a nearly 30% drop in sales in fiscal year 2022-23 in view of uncertainty after the increase in withholding tax on filers and non-filers, imposition of 1% capital value tax on vehicles exceeding 1,300cc, strict auto financing rules to compress demand, high interest rates and more price shocks ahead.