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News
The latest news from the automobile industry.
Fresh Price Hike – Suzuki Swift Now Costs Rs. 50 Lacs
Pak Suzuki has announced a fresh price hike while citing no reason at all. As per a notification, the new prices will be effective from April 6, 2023. It is pertinent to mention that the company has recently…
Changan Announces “Special Eid Offer” on Alsvin
Amid uncertain economic conditions, issues in imports, no LCs, and problems in production, the local car companies are trying hard to sustain and sell their products. In such a scheme, Changan Pakistan has…
Another Electric Scooter Comes to Pakistan
After a steep rise in fuel prices and inflation, auto assemblers in Pakistan left with no choice but incline toward green technology. Months ago, Evee electric launched country’s first locally assembled…
Auto Parts Manufacturers Also Shutting Down
Following car assemblers in the country, auto parts manufacturers are also facing the same fate. Car assemblers are announcing back-to-back production cuts, and so is the auto manufacturing industry.…
Suzuki Electric Scooter Set to Launch Soon
The renowned Japanese automaker Suzuki is set to launch its highly anticipated e-Burgman electric scooter in India. This unique scooter is already highly anticipated among avid riders as it is expected to be…
President Erdogan Becomes the First Owner Of Turkey’s Domestic EV
In a historic moment, President Recep Tayyip Erdogan was handed the keys to Türkiye's first-ever domestically produced electric vehicle on Monday, marking a significant milestone for the country's automotive…
Oil Prices Skyrocket As Producers Announce Output Cut
On Monday, the oil prices increased significantly because major oil producers of the world decided to cut the amount of oil they produce by over a whopping million barrels. At the same time, most stock markets…
Cheap Russian Oil To Reach Pakistan By May
In a bid to facilitate the general public, the incumbent government finalized the oil deal with Russia. Media reports have revealed that first-ever Russia oil consginment will reach Pakistan by next month.…
Petrol Sales Decreased By 28% In Pakistan
Country’s dwindling economic graphs have gruesome effects on the local industry. The incumbent government’s not well-thought financial policies have shrunk the purchasing power of inflation-stricken…
Pak Suzuki Shuts Down For The 6th Time
On Monday, Pak Suzuki Motor Company announced that it will prolong the production shutdown of its motorcycle factory until April 15. On top of that, the company is also shutting down operations from Apr 7,…
Evee Electric Scooter’s Booking to Start Next Week
Burgeoning inflation rate and back-to-back increase in petrol prices has made a considerable dent to customer’s purchasing power. The local assemblers in the country are also feeling the heat of import curbs…
Citizens from Any City Can Get Driving License from Lahore Now
Here is big news for citizens all over Pakistan that they can obtain a driving license from Lahore. As per details, millions of ID holders from other districts and provinces will benefit from Lahore's license…
Toyota Hiked Prices of its Imported (CBU) Lineup
Indus Motor Company (IMC) has increased Completely Built Units (CBUs) prices. As per the company, the prices of this lineup were increased with the last hike of locally-assembled units. Camry, Prado, Coaster,…
No Change in Petrol and Diesel Prices – Govt
The federal government has decided to keep the petrol and diesel prices unchanged for the next fortnight. Earlier, reports suggested the price of petrol may go down by Rs. 5-10/liter while it was expected the…
No LCs – Honda Atlas Extended Plant Shutdown
Amid not Letters of Credit (LCs) and an unstable economy, Honda Atlas has decided to extend its production plant shutdown for 15 more days. In a letter to Pakistan Stock Exchange (PSX), the car assembler cited…
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