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News
The latest news from the automobile industry.
The Upcoming Proton X70. What We Know So Far.
In recent months we have seen a small SUV in zebra suit at multiple locations. The camouflaged model is the Proton X70. Proton is a national car company in Malaysia. In the past, it has been producing…
Honda Atlas increases the prices of its cars by up to PKR 120,000
After Toyota Pakistan, Honda Atlas has also increased the prices of its cars, keeping in view the increase in Forex and its impact on CKD and other parts. The Japanese automaker has jacked up the prices by up…
CNG price reduced in Punjab and Islamabad
The Government of Pakistan has slashed the price of CNG both in Islamabad and Punjab.
Note here that the rate has been reduced by PKR 12.5, and the new price is PKR 72. The new CNG price has come into effect…
Government Decreases Petrol Price By 15 Rupees Per Liter
The Government of Pakistan has decreased the prices of petroleum products keeping in view the decrease of oil prices globally.
The authority has decreased the price of petrol by PKR 15 rupees per liter, and…
Toyota Pakistan gives support package to its vendors
In an aim to give a sigh of relief to its vendors, Toyota Pakistan, in a published memo, has announced a short term, interest-free, emergency loan to improve their liquidity in the current crisis.
In the…
Petrol price likely to decrease by PKR 21 per liter from May 2020
Due to the decline in oil prices in the international market, the Government of Pakistan is gearing up to give a sigh of relief to the public by slashing the petrol price by PKR 20.6.
In a summary sent to…
Regal Automobiles shuts down its production plant
Right after Toyota Pakistan and Honda Atlas, Regal Automobiles Industries Limited has also closed down its production plant. The company has issued a public notice in this regard as well.
The local carmaker…
Toyota and Pak Suzuki report loss in profits in the quarter that ended on March 2020
Toyota Pakistan and Pak Suzuki both Japanese automakers have posted a loss in profits for the quarter that ended on 31 March 2020. The companies have sent their respective notices to the Pakistan Stock Exchange…
Honda Atlas shuts down its manufacturing plant
Honda Atlas Cars (Pakistan) Limited has shut down its manufacturing plant for an indefinite period of time, as mentioned in a public notice issued by the Japanese automaker.
The notice says that due to the…
All New Toyota Harrier Revealed For Japanese Market
When it comes to SUVs, they are killing the sedan car market. Every car brand around the world is populating its crossover/ SUV line up in recent years. But certain models were alive even before this SUV craze…
Toyota Pakistan shuts down its production plant
One of Pakistan's leading Japanese automakers, Toyota, has shut down its manufacturing plant for an indefinite period of time as mentioned in a public notice issued by the company.
The notice asserts that…
Car sales declined by 71% and motorbikes by 33% in March 2020
The auto sector of Pakistan faced yet another blow as the car sales went down by 71% while motorbike sales also suffered a decline of 33% during March 2020 on year on year basis, as per the PAMA stats.…
Toyota Pakistan Increases Yaris, Corolla and IMV Prices
As reported earlier by PakWheels, the Indus Motor Company (IMC) has raised the prices of Yaris, Corolla, and IMV variants.
Due to the surge in the value of the US Dollar against the rupee, there was an…
Local Auto Manufacturers Demand Delay In EV Policy
The Electric Vehicle (EV) policy has been under review for quite some time now as all the stakeholders of the local auto industry are trying to reach a consensus. The worsening situation of the Coronavirus…
Toyota And BYD Join Hands to manufacture Battery Electric Vehicles
Two big names in the international auto industry have entered into a joint venture to conduct research and development on battery electric vehicles. This joint venture has resulted in the formulation of a new…
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