ON money

In the not-so-distant past, Pakistan's local auto market was ablaze with fervor, witnessing a surge in demand that eclipsed the production capacities of local car assemblers. This resulted in an unusual…

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…

“On money” is the only culture hurting the local industry more than anything else. Low supply of vehicles, late deliveries, collecting excess orders to develop a long queue, and no guarantee of availability…

A report by the Pakistan Institute of Development Economics (PIDE) has revealed shocking details about the "ON Money" culture. The research shows that automobile consumers pay more than Rs. 35 billion annually,…

We know that the "ON Money" culture is prevalent in the car market of Pakistan, especially when a new car is launched. In the last few years, we have a number of new cars like Toyota Yaris, Suzuki Swift,…

We don't need to tell you guys that the 'ON Money' menace is serious, and almost every new car buyer faces it in Pakistan. To get their cars immediately, people have to pay a premium and that is not fair. The…

To take action against the on money culture, authorities have to get to the root of the problem, and so they have. A four-member delegation of the Senate Standing Committee on Industries and Production visited…

Every time the words come up, people start debating if it’s ON Money or OWN Money. Nobody cares what it means or where it came from; all they care about is how it’s spelled. Since you all get so much worked up…

In an effort to tackle the menace of 'ON Money', the federal government has imposed Advance Tax. The tax ranges from Rs50,000 to Rs200,000 on different cars. As per details, the advance tax will be imposed on…

The federal government has decided to tackle the issue of 'On Money' on selling of cars by specific individuals. The decision was taken during a meeting of Economic Coordination Committee (ECC) on December 16.…

As the car sales have surged in Pakistan after the COVID-19 lockdown, the menace of ‘On Money’ culture dominates the market. The buyers with no patience are totally ready to pay extra cash to car dealers for…

Local automakers and the Government of Pakistan are in talks to discourage the practice of charging premium or ‘ON money’ by car dealers. They also want to promote consumer-friendly auto policies in car booking…

The federal government has devised a plan to end the illegal business of ‘ON money’ or car premium on the purchase of new cars. According to this plan, several car dealers demanding ‘ON money’ for early…

Recently, Toyota has invested 12 billion in its automobile in order to reduce the delivery time and to increase the production capacity. Even, the recent advertisement by Toyota hails that the company is going…