The Federal Government has finally imposed 25% General Sales Tax (GST) on cars costing above Rs. 40 lacs, according to SRO 370(I)/2024. The notification stated that the Federal Government was pleased to order the amendments to No. S.R.O 297(I)/2023 that was issued on March 8, 2023. Govt Imposes 25% GST...
The National Institute of Electronics (NIE) Pakistan, a distinguished subsidiary operating under the auspices of the Ministry of Science and Technology, has achieved a remarkable feat by transforming an 800cc fuel-powered automobile into an innovative electric vehicle (EV). NIE Pakistan Converts 800cc Petrol Car to Electric Vehicle Unveiled to the...
Pak Suzuki Motor Company (PSMC) has recently increased the price of Suzuki Cultus variants in Pakistan from March 1, 2024. The price of Cultus now ranges from Rs. 3,858,000 to Rs. 4,546,000 after an increase of Rs. 140,000 to Rs. 180,000, depending on the variant. Latest Suzuki Cultus Price in...
Kia Lucky Motor Corporation (KLMC) has suddenly reduced the prices of all Kia Sportage variants in Pakistan starting March 4, 2024 (Monday). However, the company has not shared any reason behind the decision but we can assume that reduced sales and current automotive market conditions may be the reason. Latest...
Hyundai Nishat Motors has recently launched its first luxury electric vehicles (EVs) by the name of IONIQ 5 and IONIQ 6 in Pakistan. The vehicles have been launched in limited capacity for testing in the local market and are aimed at customers looking for luxury with their hefty prices. Hyundai...
Hyundai has launched its second electric vehicle (EV) by the name of Hyundai IONIQ 6 in Pakistan that competes with luxury vehicles in the segment. Hyundai Unveils IONIQ 6 in Pakistan Specifications The Hyundai IONIQ 6 is equipped with a Permanent Magnet Synchronous Motor with a max power of 239...
Hyundai has launched its first luxury electric vehicle (EV) in Pakistan, the Hyundai IONIQ 5, at a ceremony held in Lahore. The launch was unexpected, as Hyundai made no prior announcements about the launch of the new EV in the local automotive industry. Hyundai Launches IONIQ 5 in Pakistan Performance...
Pak Suzuki Motor Company (PSMC) has increased the price of Suzuki Swift variants in Pakistan from March 1, 2024, which now cost between Rs. 4,421,000 and Rs. 5,040,000, effective March 2024. Suzuki Swift Price in Pakistan: March 2024 Update The Suzuki Swift is available in three variants that include the...
Pak Suzuki Motor Company (PSMC) has increased the price of the Suzuki Alto 660cc in all variants. The new prices are effective March 1, 2024. Pak Suzuki Company issued the notification on February 29, 2024, and the price increase for the Alto 660cc is from Rs 80,000 to Rs 110,000....
Honda has consistently delivered quality and innovation to the Pakistani automotive market, and the highly anticipated Honda Civic 2024 aims to continue this tradition. The new Civic offers a compelling blend of sleek design, cutting-edge features, and remarkable fuel economy that caters to the demands of discerning Pakistani drivers. Fuel...
Pak Suzuki Motor Company (PSMC) has increased the prices of all cars from March 1, 2024, as per a circular issued by the company to all its authorized dealers across Pakistan. According to the circular, the prices for Suzuki Alto, Cultus, and Swift have seen a slight increment. The new...
Meezan Apni Bike offers a unique opportunity to purchase a Suzuki motorcycle through a transparent and Sharia-compliant financing solution. Based on the Islamic principle of Musawamah, where both parties agree on a fair price, you gain peace of mind knowing the exact cost upfront. It is ideal for individuals who...
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