News

When the Pakistan auto industry was staring into the abyss of financial ruin, the government felt the contour of crisis and took a step to let the fortunes reverse. The local car Industry is passing through…

The leading market player in the industry, Pakistan Suzuki Motor Company Limited (PSMC), has unveiled its financial charts for the half year. Reports have revealed that despite a profitable quarter, the…

After the incumbent government eased the import restrictions, automakers started passing on the effect to the customers. Lucky Motors Corporation Limited (LMCL) has resumed the bookings of all its models at the…

Now, it's time to deliver what the government of Pakistan previously promised – to make it impossible for the customers to buy imported cars. In a bid to control shattering economic charts, the incumbent…

In a bid to control import bills and avert the fiscal slippages, government has started taken the necessary steps. In a recent action, the Federal Board of Revenue (FBR) has increased the regulatory duties (RD)…

With an evolution observed in car technology, auto giants are racing for stern financial measures. Chasing a new revenue model, the dominant automakers are forcing car buyers to pay a tacked-on fee to access…

With an international campaign to go green, Chinese automakers are embarked on to follow new energy vehicle (NEV) development. Following other car giants, Haval, owned by Great Walls Motors (GWM), has announced…

Where Indelicate handling of economic charts has resulted in a back-to-back increase in car prices, non-issuance of letters of credits (LCs) from the State bank of Pakistan and loan restrictions has made the…

After the Pakistani Rupee observed appreciation, all the market players except two (Hyundai and KIA) announced a reduction in their car prices. And now, in a bid to trickle down the effect to its customers,…

Pak Suzuki issued an apology recently, informing their customers that the deliveries of their cars will be delayed due to “circumstances well beyond their control.” The company came forward with a…

Even though some major market players have reduced car prices due to the appreciation of the Pakistani Rupee, Hyundai has announced not to do so. Hyundai recently communicated to its dealers that it will not…

Sazgar is all set to launch its locally assembled SUV named "Haval". The company will assemble two variants of the car, including Haval H6 1.5T and 2.0T.  A senior company official has revealed that they…

Buying a car is still not a hassle-free process because COVID-19 effects are still there. Automakers are anticipating that the global car shortage may ease till late 2023. Toyota Executive vice president of…

On August 19th, Sazgar Engineering Limited announced that they are rolling out CKD Haval H6 variants at special prices for early bookers and announced reduced prices for these variants. CKD Haval H6 Roll-Out…

Rupee Appreciation against the dollar is resuscitating the local car industry. Car companies are reducing their car prices after one another. Prince DFSK has decreased its car prices, following Toyota, Suzuki,…