Increasing Demand of Second Hand Cars
Due to substantial increase in prices of new cars, demand of second hand cars is constantly rising in the market.
Increasing Demand of Second Hand Cars Read MoreTag: local assembled
Honda City and Suzuki Swift Approaching Their Birthdays
Honda City and Suzuki Swift are about to enter their 12th and 11th year of production in Pakistan respectively.
Honda City and Suzuki Swift Approaching Their Birthdays Read More
Pakistan’s Large-Scale Manufacturing Output Declined for 5th Month in a Row
Pakistan’s large-scale manufacturing (LSM) output declined for 5th consecutive month, elevating fears of massive layoffs across the industrial sector.
Pakistan’s Large-Scale Manufacturing Output Declined for 5th Month in a Row Read More
Low Localization and the Need to Shift to EVs
Despite achieving up to 70% localization, the auto industry remains highly vulnerable to exchange rate fluctuations. Perhaps it’s time we just give up on the dream of having a thriving traditional automobile industry and focus towards electric vehicles, since the world is already shifting to EVs.
Low Localization and the Need to Shift to EVs Read More
Automakers Increasing Prices Even When Rupee Stands Stable
Local auto assemblers are increasing prices even when the Rupee stands stable against the Dollar
Automakers Increasing Prices Even When Rupee Stands Stable Read More
Success of Pak Suzuki Alto and Failure of Newcomers to Cash In
Despite slowdown, the Pak Suzuki Alto 660cc is selling in handsome numbers, while newcomers remain busy in introducing car that have no demand in the market.
Success of Pak Suzuki Alto and Failure of Newcomers to Cash In Read More
Reduced Auto Production Badly Hitting Vending Industry
The reduced vehicle production is going to hit the vending industry directly, which is responsible of supplying parts to local auto assemblers. The 3 main assemblers operating in Pakistan including Pak Suzuki had already shut down their second shift operations resulting in offloading up to 4,000 employees, almost all daily wage and contractual workers.
Reduced Auto Production Badly Hitting Vending Industry Read More
Ailing Auto Industry Shows no Signs of Recovery
Sorry period for the local automakers continue as the industry is experiencing a sharp decline in sales while automakers are suffering from reduced profits. Depreciating Rupee value against the US Dollar, increased taxes & duties by the government and constantly rising car prices have played their part in denting the car sales.
Ailing Auto Industry Shows no Signs of Recovery Read More
Kia Picanto for PKR 2.0 Million- Something Somewhere is Not Right
Kia Picanto priced at PKR 2.0 million means something somewhere is not right. Auto Policy was supposed to provide competitive options to consumers in the market, not something even more expensive than the existing over priced options.
Kia Picanto for PKR 2.0 Million- Something Somewhere is Not Right Read More
Car Sales Dipped 41% in the Month of August
Car sales continues to suffer from enduring slowdown as it recorded a massive 41% decline in sales in August 2019. Only to 10,636 units were sold compared to 17,977 units sold in August last year.
Car Sales Dipped 41% in the Month of August Read More