News

Afghan Taliban have dug up a Toyota car, used by their founder Mullah Omer, in Afghanistan after 20 years. According to media reports, Mullah Omer escaped from US forces in this car from Kandahar to Zabul…

The coalition government led by Prime Minister Shehbaz Sharif has imposed maximum customs duty on imported cars with rate of 90%. The cars include new sport utility vehicles (SUVs) and off-road vehicles.  SRO…

So, there is an update regarding Capital Value Tax (CVT) for you guys, and this one is not so good. Before telling you the new update, here is a brief recap of this tax. In Finance Bill 2022-23, the government…

Petrol price led impasse and the International Monetary Fund has forced the government to take a further step on the Issue. The government is on the brink to authorize oil marketing companies (OMCs) to set…

The situation of the local auto market seems grim for the time being as Pak Suzuki has suspended the bookings of all of its cars. Earlier, the company was only booking Suzuki Swift and VXR variant of Wagon R;…

New Honda Civic was launched in March 2022 in Pakistan, and the lovers of this car were excited. Honda Civic always has a specific fanbase in the country that wait for the new model. And we have one of those…

The Annual Budget 2022-2023 came with fresh tax hikes for the country's auto industry. Also, this new budget proposed to increase Advance tax on cars for filers and non-filers (100% to 200%). Subsequently, the…

The local and international auto markets are passing through difficult times; there is uncertainty, increasing freight charges, record-high raw material prices, and a shortage of components like semiconductor…

The sales chart of petrol and diesel is signaling a downturn after the incumbent government has slashed the subsidies and imposed new taxes. According to Oil Companies Advisory Council (OCAC) data, demand for…

With a new month, a new bike price hike is here. Pak Suzuki has raised the prices of its bikes again, following Yamaha's suit. Here are the new Suzuki prices, which will be effective from 2nd July 2022.  New…

On Saturday, July 2nd, Pakistan Petroleum Dealers Association announced a complete shutdown of petrol pumps from July 18th to protest against the rising prices of petrol. In a meeting, Chairman PPDA Abdul…

Chevy’s first attempt to enter the Web3 failed, and now it’s canceling to build its one-of-one car. The famous car company Chevrolet announced its collaboration with artist xsullo last month. Xsullo is known…

The Capital Development Authority (CDA) plans to launch two electric-feeder buses for Islamabad that will help the public to commute to Blue and Green Line metro terminals. The Green Line service will…

The American electric car giant Tesla failed to bear the brunt of covid lockdown – forcing CEO Elon Musk to say that he is trying hard to keep Tesla out of bankruptcy. Musk mentioned in an interview that two of…

Azad Kashmir Prime Minister Sardar Tanveer Ilyas Khan has made a huge announcement for the daily commuters. During his budget speech in AJK assembly, he said that government will  launch a bullet train from…