ISLAMABAD: The automotive industry has laid off thousands of workers in recent months due to a decline in the sale of vehicles and spare parts triggered by the government’s ban on the import of raw materials, massive depreciation of the rupee and soaring inflation, The News reported citing an Arab News report. Pakistan is facing its most daunting economic...
Category: Automobiles
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Car sales plunge 44pc in December on import curbs
KARACHI: Passenger car sales plunged 44 percent in December from a year earlier, industry data showed on Wednesday, a sign that import bottlenecks continued to weigh on the country’s fragile consumption. The passenger car sales dropped to 13,768 units in December 2022, against 24,471 units recorded in December 2021, as per data released by Pakistan Automotive Manufacturers...
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Uber Users Can Now View Their Own Ratings
Uber for the first time is allowing its customers to see the stats of one-star and five-star ratings they’ve received from their drivers, respectively. The update came with an aim to offer the platform users a closer look into the rating system that determines whether or not they can be kicked off the app.For years,...
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Yamaha Announces Massive Price Hike Pushing All Bikes to Over Rs. 200,000
Yamaha has announced the first price hike of 2022 after two months of silence. The prices have increased by up to Rs. 12,000, which is Yamaha’s largest one-time price hike in several months. Effective from February 11, the following shall be the prices of Yamaha Bikes: Bikes Current Prices (Rs.) Revised Prices (Rs.) Increase (Rs.)...
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Honda Atlas Finally Reduces the Booking Prices for All Cars
Honda Atlas Cars Limited (HACL) has revised the booking prices of its vehicles following the government’s notification that “the amount of partial payment from the customer should not exceed 20% of the retail price”, effective from 9 February.The booking prices of the BR-V, the Civic, and the City have now been reduced accordingly at all...
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Hyundai Faces Backlash for Supporting Kashmiris
A recent social media post by Hyundai Pakistan did not sit well with many in the neighboring country, resulting in outrage and calls to boycott the South Korean automaker.Pakistanis observe 5 February as Kashmir Solidarity Day with Kashmiris who are fighting for independence. Accordingly, Hyundai Pakistan had shared a post on Facebook and Twitter on...
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Honda Pakistan Starts Bookings for New Civic With a Huge Price Tag
After a lot of rumors and suspense, Honda Atlas Cars Limited (HACL) has finally announced via its official social media that the bookings for the 11th generation Civic have started.According to the announcement, the new Civic will be available in three variants. All variants have a turbocharged 1.5-liter four-cylinder petrol engine that makes 180 horsepower...
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Auto Industry Calls Out the Govt Over Sudden Change in Auto Policy
Pakistan’s auto industry has communicated its concerns about the implementation of new taxes to the government, highlighting that the hiked rates oppose the Automotive Industry Development and Export Plan (AIDEP) 2021-26.Auto parts manufacturers and vendors jointly sent a letter to the Ministry of Industries and Production, warning that the recent duty and tax rate hikes imposed...
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Karachi’s New Green Line Bus Stations Defaced, Buses Pelted
The walls of Karachi’s new Green Line Bus Rapid Transit (BRT) station have already been ruined with wall chalking against the PPP-led Government of Sindh.Criticism of the incumbent government and Chief Minister, Syed Murad Ali Shah, was spray-painted on the walls of the Nagan Chowrangi BRT station, according to a report by ARY News. Even paan and...
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Toyota to Invest $13.5 Billion to Develop Electric Car Batteries
Toyota Motor Corporation appears to be making a speedy headway into the electric vehicle arena as it has announced investing $13.5 billion for the development of electric vehicle (EV) batteries over the next eight and a half years. It said that it seeks to reduce the cost of EV batteries by 30 percent by experimenting...
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