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Atlas Honda Limited has announced its financial results for the first quarter of the current fiscal year, which shows a 30% decline in the profits of the company.
Atlas Honda is one of the largest and…
OGRA Bans CNG/LNG For Public Transport and School Vans
The Oil and Gas Regulatory Authority (OGRA) has put a ban on the use of CNG/LPG cylinders in all public transport and school vans.
The authority asked the IG Motorway Police and provinces to take action…
NHA launches e-billing system to ensure transparency: Murad
National Highway Authority (NHA) has launched the E-billing system to facilitate its contractors and ensure transparency.
On Monday, Murad Saeed, the Federal Minister for Communications and Postal Service,…
Government increases oil prices by up to PKR 9 per liter
The Government of Pakistan has increased the oil prices by up to PKR 9 per liter w.e.f August 1, 2019.
On the recommendation of the Oil and Gas Regulatory Authority (OGRA), the government has hiked the rate…
Pak Suzuki has increased the rates of its cars by up to PKR 695,000
Update:
Pak Suzuki has increased the rates of its cars for August 2019. As per the circular, which the company has sent to its dealers across Pakistan, it has only hiked the rates of its Alto variants and…
Chinese company to invest $20 million in cargo and cab services in Pakistan!
As we all are quite aware that the Chinese never fails to impress when it comes to providing a helping hand to Pakistan. CPEC is one great example of Pakistan-China friendship in order to improve the economic…
JICA ensures technical support to local auto part makers
Japan International Cooperation Agency (JICA) has ensured its complete technical support to the local auto parts manufacturers in making high-quality products and improving the organizational functions.…
Import of motor vehicles completely shattered: says PBS report
According to the stats revealed by the Pakistan Bureau of Statistics for June 2019, the import of motor vehicles and spare parts has declined substantially owing to the regulatory measures taken by the…
Lotus’ Latest Hyper-Car is a $2 Million, 2000-HP All-Electric Leviathan
Electric hypercars from prestigious, pragmatic and exotic automakers has been the vogue on the bleeding edge of the automotive industry. Rimac C_Two, McLaren Senna, Mercedes AMG One, Ferrari SF90 Stradale,…
Have a look at the annual token tax in Punjab vs. Federal for FY 2019-20!
The sky-rocketing taxes and duties on the automobiles in Pakistan has been the most discussed topic in the past few days. Apart from the 5% advanced customs duty (ACD) on the import of raw material and 2.5-7.5%…
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