Opinions

Yesterday, the government announced Rs.50/liter subsidy on petrol for motorcyclists, rickshaw drivers, and cars with 800cc engines. As per the government, this new subsidy scheme for a lower-income segment of…

Today, the federal government discussed a proposal to provide motorcyclists with cheap petrol. As per news reports, to avoid an objection by the IMF, roughly Rs. 150 billion annual subsidy on account of Rs. 25…

neyLet's get one thing out of the way – unless you commute more than 100km a day, buying an electric scooty cannot be justified solely based on fuel economy.  Yes, it does 105km in a charge which costs 2.5…

In his Finance (Supplementary) Act 2023 speech, Finance Minister Ishaq Dar announced two new slabs of General Sales Tax. The first one was 18% from 17% on all items, and the second was 25% on all luxury items,…

The auto industry seems to get shock after shock, especially in the last few months. The devaluation of PKR against the USD, non-availability of Letters of Credit (LCs) by the State Bank of Pakistan (SBP), and…

Car prices are rising, especially since 2018, as the rates have been jacked up multifold. The companies have cited multiple reasons, including COVID-19, expensive raw materials, increased freight charges, and…

Per a post circulating on Twitter, one Pakistani politician claimed that cheap petrol benefits the rich more than the poor. Quoting the politician, the post says that the rich person gets 50-60 liters of petrol…

The federal government has hiked the General Sales Tax (GST) from 17% to 18%, effective immediately from February 15, 2023. The government has taken the step under the International Monetary Fund (IMF) demand.…

Suzuki Pakistan is one of the biggest car assemblers in Pakistan; however, due to the country's current economic conditions, the company didn't produce a single car in January 2023. As per the company, the…

Last weekend, Federal Finance Minister Ishaq Dar announced a sudden hike of Rs. 35/liter in the price of petrol and diesel. This petrol bomb was an expected surprise, especially after the dollar went from Rs.…

Today is a blood bath as far as the dollar rate in Pakistan is concerned, as it went from Rs. 230 to Rs. 255 in just a day. The market trends show that the US currency slipped Rs24.54 or 9.61 percent from…

A couple of weeks ago, two cars from Kia Lucky Motors were displayed at its dealerships. As per reports, the company has no immediate plan to launch these two vehicles, i.e., Kia Stinger and Niro EV, but to…

The year 2022 was a rollercoaster ride for the auto industry in Pakistan. The first half of the previous year was excellent. The lower interest rates led to high auto financing, post COVID-19 recovery…

2022 is ending, and we are entering the realm of 2023. This year gave us sedans like Honda Civic, hatchbacks like Suzuki Swift, and crossover SUVs like Changan Oshan X7, Peugeot 2008, Chery Tiggo 4 & 8, and…

The year 2022 is ending, as just a couple of days are left, and 2023 is upon us. 2022 has been a difficult time for Pakistan's auto industry due to several issues. Likewise, the petrol price in Pakistan in 2022…