Remembering ‘Cars from the Previous Decade’
Remembering cars from the previous decade, a time when 1 Dollar was equal to 60 Rupees and there was a whole lot to choose from
Remembering ‘Cars from the Previous Decade’ Read MorePakistan's Trusted Automobile Blog
Remembering cars from the previous decade, a time when 1 Dollar was equal to 60 Rupees and there was a whole lot to choose from
Remembering ‘Cars from the Previous Decade’ Read MoreThe Picanto we have here debuted at the Geneva Motor Show in March 2011 and today its a 12 years old car by international standards. After the latest price increase, the obsolete 2nd generation Picanto in Pakistan cost PKR 31.0 lac for manual and PKR 32.0 lac for the automatic variant.
11 Years Old Kia Picanto for Rs 3.2 Million in Pakistan Read MoreDefying 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.
Historical Figures in June, Auto Sector Posts Record Sales in FY22 Read MoreLocal 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.
Assemblers Anticipate a Massive Drop in Sales Read MoreWoefully prolonged delivery periods is nothing new for the auto consumers of Pakistan. It has been like this ever since the local assembling of automobiles started in the country and is the root cause behind the existence of on-money/ premium culture in the market.
Woeful Delivery Periods of Local Assembled Cars in 2022 Read MoreThe upcoming fiscal year 2022-23 is also expected to give the local auto industry some severe ups & downs.
Auto Sector Expects Rollercoaster Fiscal Year 2022-23 Ahead Read MoreThe massive increase in fuel prices will also impact the buying trends of masses into opting for new automobiles.
Demand of Small Cars to Increase as Fuel Prices Reach Record High Read MoreMost people can’t even afford to buy new cars even through bank financing. The estimated monthly installments were already mind boggling, however it looks as if even most of the white collar people are finding it hard to avail the financing.
Can’t Even Avail Auto Financing, Who’s Buying All These Cars? Read MoreLocal auto industry representatives already anticipates up to 30% decline in sales in coming months with no recovery in sight considering the ongoing economic & political situation of the country.
Assemblers Anticipates up to 30% Decline in Car Sales Read MoreThey say Rinco Aria has been “designed and engineered” in the United States and was manufactured in China. However in reality, the car is among the endless number of generic EVs originating from China and are available for sale on Alibaba.com.
How American is the 2022 Rinco Aria EV? Read More