Pak Suzuki Stops Bike Bookings for Indefinite Period: Pak Suzuki Stops Bike Bookings for Indefinite Period Due to ongoing procurement and production issues, Pak Suzuki Motor Company (PSMC) announced on …
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Cars
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FBR Cuts Customs Duty On Car Assembly Parts By Over 50%: FBR Cuts Customs Duty on Car Assembly Parts By Over 50% The Federal Board of Revenue (FBR) will impose …
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EconomyLatest Updates
A huge decline noted in output and sale of cars in four months of FY2023
by Hamza Irshadby Hamza IrshadThe contraction of automobile both on supply and demand front, also dropped the sale of petroleum products by 22 percent in Jul-Oct FY23
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EconomyLatest Updates
Pakistan sees 669% rise in import of vehicles in first quarter of 2021
by Umar Sohailby Umar SohailPakistanis imported vehicles worth $266.2 million during the first three months of the current fiscal year. Last year, the figure stood at $34.6 million. Sources say the government is taking …
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EconomyLatest Updates
Car financing in Pakistan soars to record high in August
by Umar Sohailby Umar SohailCar loans hit record high of Rs326 billion in August August figure for car loans depicted a 46.8% year-on-year jump
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According to Pakistan Automotive Manufacturers Association, car sales surged to 20,669 units in July 2021 in comparison with 10,123
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InternationalLatest Updates
PM Imran highlights importance of peace in Afghanistan for Pakistan
by Umar Sohailby Umar SohailAfghan peace is more vital for Pakistan than any other country, says PM Imran Khan. Pakistan’s future economic policies depend on Afghan peace, says premier. India has violated UN resolutions …
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EconomyLatest Updates
Car prices decrease after reduction in Sales Tax
by Umar Sohailby Umar SohailThe minimum price of 1,000 cc car will be Rs. 1.53 million while 1300 cc car will cost Rs 1.97 million and 1500 cc car will cost Rs 3.74 million.
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InternationalLatest Updates
Men are From Mars, Women are from UAE: Female mechanic opens car repair shop in Sharjah
by Hamza Irshadby Hamza IrshadThe UAE’s new legislation came into effect last month says UAE-based companies must have at least one woman on their board of directors.
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EconomyLatest Updates
Cars/Bikes Sales Speed Up @ Breaking all Speed Limits
by Hamza Irshadby Hamza IrshadA total of 112,244 units of locally-assembled cars were sold during 9MFY21 versus 85,330 units in the same period last fiscal year.