Cars In Pakistan Archives - Page 11 Of 31

Javed Afridi Announces the Launch of Local Assembled MG HS

December 10, 2022December 14, 2022 - by UsmanAnsari - 1 Comment

Javed Afridi has announced the launch of local assembled MG HS in Pakistan, called the HS Essence. According to MG, it has resolved all the issues at the plant and has received the license from the government for the local assembly as well as export of MG cars from Pakistan.

2023- Dark Clouds will Remain Looming on the Auto Sector

December 5, 2022 - by UsmanAnsari - 2 Comments.

Pakistan’s economy is going through a turbulent period casting a hugely negative impact on my sectors including the automobiles. Local assemblers were already anticipating an up to 30% decline in sales during this fiscal year but analysts believe the forthcoming situation is going to be even worse.

On-Money & Delivery Time Coming Down as Auto Market Crashes

November 29, 2022 - by UsmanAnsari - 1 Comment

Rising car prices, increase in interest rates, curbs on auto financing, restrictions on the import of CKD parts and the prevailing political and economic uncertainty have proven to be turbulent for local auto assemblers, majority of which are now offering quicker deliveries, price cuts, and various packages to attract customers.

Honda showcase CR V and Accord facelift in Thailand 6 1

7th Gen Honda City Becomes 3 Years Old

November 27, 2022November 27, 2022 - by UsmanAnsari - Leave a Comment

The 7th generation Honda City sedan which made its world debut in Thailand on the 25th of November 2019 has completed 3 years of its global lifespan.

Corolla Still Leads Despite Being Almost a Decade Old

November 25, 2022 - by UsmanAnsari - 2 Comments.

Despite almost a decade of presence in our market, the 11th gen Toyota Corolla still leads the sales chart and can be called an undisputed king of the sedan segment.

Escrow System in Car Purchasing is the Need of the Day

October 31, 2022October 31, 2022 - by UsmanAnsari - 2 Comments.

If the government authorities are serious to benefit the end consumers, they can consider introducing the ‘escrow’ mechanism which will make the booking procedure of new cars much more transparent.

500% More Taxes on Imported Cars to Protect the Local Assemblers

October 25, 2022January 17, 2023 - by UsmanAnsari - Leave a Comment

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.

Anticipation of 1 Million Units & the Sudden Brake

October 18, 2022April 18, 2023 - by UsmanAnsari - 3 Comments.

Not so long ago, Pakistan was planning to enhance its annual automobile production from the existing 250,000 units to about 1 million units over the next 5 years. But even before the flight to achieve that dream could take off, the local auto industry was hit hard by the recent import restrictions by the State Bank which badly exposed the high localization claims made by the local assemblers. Even the production of decade-old vehicles has been hampered due to lack of sufficient localization achieved during all these years.