Ahmad Shehryar

The sky-rocketing taxes and duties on the automobiles in Pakistan has been the most discussed topic in the past few days. Apart from the 5% advanced customs duty (ACD) on the import of raw material and 2.5-7.5%…

Pak Suzuki Motor Company Limited has revealed its financial results for the first half of 2019, which ended on 30th June 2019, and it discloses a loss of Rs.1.5 billion to the company. One of the leading…

The government in its finance bill for the year 2019-20 has revised the old and imposed new taxes on vehicles which have dented the buying behavior of the consumers very severely. Initially, the government…

The downward trend of automobile sales is expected to continue during the fiscal year 2019-20 and could leave almost 150,000 people jobless as a consequence. The imposition of several high amounts of…

Honda Atlas Cars (Pvt) Limited has reported a decline of 77% in its earnings during the last quarter ended on 30th June 2019. Due to a massive 25% year on year decline in revenues, one of the largest auto…

The wait is over as Dewan Motors has launched the all-new BMW X7 xDrive40i in Pakistan and it’s on grand display at their showroom on 22nd and 23rd July 2019. The luxurious and majestic looking BMW X7 is…

Unlike Honda Atlas and Toyota Indus, Pak Suzuki has no plans to cut down its production of cars owing to the rising prices and plummeting car sales. Pak Suzuki has nullified all the speculations regarding…

Excise and Taxation department of Punjab is considering reducing the cost of manufacturing computerized number plates by issuing a license to third-party manufacturers. The recommendations to reduce the…

In a bid to save the deteriorating atmosphere, the world is switching towards the production of electric cars, gradually but eventually. The devastating impact of air pollution due to the emissions from the…

In a bid to raise their voice against the illegal and heavy taxes imposed by the government on cars, the All Pakistan Anjuman Tajran has announced a strike on Saturday, 13th July 2019. The association has…

Toyota Indus Motor Company (IMC) is teasing its customers with the launch of the 6th generation model of Hiace which was earlier launched in the Philippines in February 2019. The teaser pictures of…

Honda Atlas Cars (Pakistan) Limited has yet again introduced a silent facelift of its 5th generation of Honda City in Pakistan. The Japanese auto giant in Pakistan launched the 5th generation of City back in…

Update: The Government has extended annual motor vehicle/token tax payment date of Islamabad registered vehicles to 30-10-2019. Note that fine/penalty will not be imposed before the extended payment date.…

Sindh government clarified the rate of tax to be imposed on ride-hailing companies will be 5% instead of 13% as proposed earlier in the finance bill for budget 2019-20. In either way, there is an expectation…

The French auto manufacturer has not yet pulled out of Pakistan as it seeks extension in the tax benefits being offered under the Automobile Development Policy (ADP) 2016-21. The news of Renault withdrawing…