Porsche Logo
Automotive News

Porsche Is Investing Heavily On Electric Vehicle Batteries

Porsche Is Investing Heavily On Electric Vehicle Batteries

May 5, 2022 / By Zunair Tahir / Automotive News

Porsche intends to expand its electric vehicle (EV) manufacturing with more efficient batteries. Group 14 Technologies, a US-based firm known for its revolutionary contributions to lithium-silicon battery technology, has received $100 million in a series C fundraising round from the German automotive giant. Group 14 is actively working on worldwide plans to manufacture anode materials for lithium-ion batteries.


READ MORE


The business plans to use the funding to develop high-quality, commercially accessible battery cells. These cells are thought to have uses in small-scale manufacturing, motorsports, and high-performance cars.

The anodes, according to Group 14, can store 50% more energy than traditional electric car batteries. A joint venture is anticipated to begin mass manufacturing in 2024. Porsche isn’t the only company that has invested in Group 14, with a total of $400 million invested in the battery producer.

For a long time, the electric vehicle industry has relied primarily on Li-ion batteries. Despite having a well-established supply-and-demand relationship, Li-ion is under danger from more efficient alternatives. Carmakers have been digging for new ideas in a quest to reduce production costs and make electric vehicles more accessible and lucrative.

For firms like Porsche, who want a piece of the newly formed market, luxury EV racing has been a ferocious battleground.

Porsche will be able to tap into the untapped potential of new technology thanks to the $100 million investment. Porsche has previously released the Taycan, a completely electric vehicle that has become one of the most popular premium electric vehicles on the market.


READ MORE NEWS…


2022 Car Prices (11) 2022 CARS (13) 2022 News (21) 2024 Car Price In Pakistan (16) apple (26) Apple Inc (15) Automotive Blogs (14) Automotive News (233) Automotive News Pakistan (20) Auto News (153) Auto Sector (12) Blogs (11) car news (26) Car Prices (12) cars (46) cars of pakistan (47) Cricket (12) electric cars (13) entertainment news (15) F1 (23) F1 News (11) Formula 1 (12) Honda (13) Hyundai (12) Imran Khan (18) Imran Khan News (17) mg (16) MG Pakistan (19) new cars (34) news (377) news pakistan (16) News Update (22) pakistan automotive news (11) Pakistan Government (42) Pakistan News (80) PCB (23) proton (13) proton pakistan (15) PTI (22) Sports News (45) suzuki (18) Suzuki Pakistan (11) Tech News (68) Toyota (16) World News (15)

Automotive News

Prince-DFSK Announces the Second Price Increase for 2022

Prince-DFSK Announces the Second Price Increase for 2022

April 21, 2022 / By Zunair Tahir / Automotive News

In Pakistan, all vehicle firms are raising prices, claiming currency devaluation, rising freight expenses, and rising raw material costs as reasons. The latest to enter the battle is Regal Motors, which has raised the cost of Prince-DFSK automobiles.


ALSO READ

Hyundai Elantra 1.6L Is Set To Debut In Pakistan This Month


The following are the new Prince-DFSK car pricing, which take effect immediately:

VariantsCurrent Price (Rs.)Expected Price (Rs.)Increase (Rs.)
Prince Pearl M/T1,334,0001,534,000200,000
DFSK Glory 580 1.5T CVT4,649,0005,009,000360,000
DFSK Glory 580 1.8 CVT4,800,0005,160,000360,000
DFSK Glory 580 Pro5,040,0005,400,000360,000
Prince K071,749,0002,039,000290,000

Regal Motors has been a major competitor in the industry since its inception in 2018. This was largely due to the success of the DFSK Glory 580, which provides practicality, advanced features, and comfort at a low cost.


ALSO READ

Proton Announces a Price Increase for Only One Vehicle


Even at a price of over Rs. 5 million, the Glory 580 is Pakistan’s cheapest subcompact SUV. It also maintains its advantage in terms of practicality, with seven seats and a solid feature set. Prince Pearl, on the other hand, is expected to see a sales downturn now that its price has surpassed Rs. 1.5 million.


READ MORE NEWS

On April 21, Pakistani Internet Users Will Experience Slow Speeds
(IMF) Has Expressed Concern Over Pakistan’s Growing Inflation and Expanding Current Account Deficit
Booking For The Haval H6 2.0T Begins On April 15th
Pakistan Is Expected To Increase The Price Of Electricity By PKR3.15 Per Unit
At WWDC 2022, Apple Will Unveil Two New Mac Devices
Chinese Company Offers Cheap 5G Phones

2022 Car Prices (11) 2022 CARS (13) 2022 News (21) 2024 Car Price In Pakistan (16) apple (26) Apple Inc (15) Automotive Blogs (14) Automotive News (233) Automotive News Pakistan (20) Auto News (153) Auto Sector (12) Blogs (11) car news (26) Car Prices (12) cars (46) cars of pakistan (47) Cricket (12) electric cars (13) entertainment news (15) F1 (23) F1 News (11) Formula 1 (12) Honda (13) Hyundai (12) Imran Khan (18) Imran Khan News (17) mg (16) MG Pakistan (19) new cars (34) news (377) news pakistan (16) News Update (22) pakistan automotive news (11) Pakistan Government (42) Pakistan News (80) PCB (23) proton (13) proton pakistan (15) PTI (22) Sports News (45) suzuki (18) Suzuki Pakistan (11) Tech News (68) Toyota (16) World News (15)

Proton-Logo
Automotive News

Proton Announces a Price Increase for Only One Vehicle

Proton Announces a Price Increase for Only One Vehicle

April 21, 2022 / By Zunair Tahir / Automotive News

Al-Haj Automotive has increased the price of the Proton Saga, joining the recent price hike trend. Proton has already raised the price of the X70, which now begins at Rs. 5.4 million.


ALSO READ

Pakistan Is Now Proton’s Largest Export Market


The following are the updated pricing for Saga versions, which are effective immediately:

VARIANTSOLD PRICE(PKR)Price Before May 10 (PKR)Price After May 10 (PKR)Increase (PKR)
Standard Manual2,149,0002,249,0002,349,000200,000
Standard Automatic2,299,0002,399,0002,499,000200,000
ACE Automatic2,399,0002,509,0002,619,000200,000
CALL FOR ON ROAD PRICE

The new pricing have been introduced in such a way that customers who book Saga before May 10 will pay 50% of the increased cost, while those who book cars after May 11 will pay 100% of the increased rate.

The price increase from Proton Saga is similar to those from Kia and Changan. Nonetheless, the Saga is Pakistan’s cheapest sedan, with the potential to become one of the country’s best-selling vehicles.


READ MORE NEWS

What is Causing Pakistan’s Automobile Costs to Rise?


Pakistanis could expect further price rises in the next days, since all automakers have announced price hikes one by one.


READ MORE NEWS

On April 21, Pakistani Internet Users Will Experience Slow Speeds
(IMF) Has Expressed Concern Over Pakistan’s Growing Inflation and Expanding Current Account Deficit
Booking For The Haval H6 2.0T Begins On April 15th
Pakistan Is Expected To Increase The Price Of Electricity By PKR3.15 Per Unit
At WWDC 2022, Apple Will Unveil Two New Mac Devices
Chinese Company Offers Cheap 5G Phones

2022 Car Prices (11) 2022 CARS (13) 2022 News (21) 2024 Car Price In Pakistan (16) apple (26) Apple Inc (15) Automotive Blogs (14) Automotive News (233) Automotive News Pakistan (20) Auto News (153) Auto Sector (12) Blogs (11) car news (26) Car Prices (12) cars (46) cars of pakistan (47) Cricket (12) electric cars (13) entertainment news (15) F1 (23) F1 News (11) Formula 1 (12) Honda (13) Hyundai (12) Imran Khan (18) Imran Khan News (17) mg (16) MG Pakistan (19) new cars (34) news (377) news pakistan (16) News Update (22) pakistan automotive news (11) Pakistan Government (42) Pakistan News (80) PCB (23) proton (13) proton pakistan (15) PTI (22) Sports News (45) suzuki (18) Suzuki Pakistan (11) Tech News (68) Toyota (16) World News (15)

Hyundai Logo
Automotive News

Hyundai Elantra 1.6L Is Set To Debut In Pakistan This Month

Hyundai Elantra 1.6L Is Set To Debut In Pakistan This Month

April 15, 2022 / By Zunair Tahir / Automotive News

By the end of April 2022, Hyundai Nishat Motors Private Limited (HNMPL) plans to debut the Hyundai Elantra 1.6L model in Pakistan. New Hyundai Elantra model will be released before Eid-ul-Fitr, although the business has yet to declare a specific date.

Hyundai will launch a 1.6L Elantra version, according to our sources. In March 2021, Hyundai debuted the Elantra in Pakistan. It’s a mid-size car that competes with the Toyota Corolla Grande and Honda Civic in the C category. Elantra had a favorable reaction for a newcomer and quickly became a favorite among many. Hyundai Elantra sales surged by 186 percent from January to February 2022.

Encouraged by the strong reaction, Hyundai has chosen to introduce the Elantra 1.6L in Pakistan. This implies that in the local market, this car will compete with the top-of-the-line Toyota Yaris and Honda City models.


READ MORE

2022 Hyundai Price List In Pakistan


Elantra 1.6L Price in Pakistan

It is likely to cost Rs.3.5 million when it is released (approximately). This may have an influence on Toyota Corolla Altis 1.6 X sales.

According to our sources, the new 1.6L Elantra has the same external design as the 2.0L Elantra. The headlights are identical tetra-LED headlights with DRL. Despite the exterior’s similarity, the inside has been upgraded. The 2.0L variant’s instrument cluster has been replaced. This model has a smaller infotainment display. The 8-inch infotainment display screen would be standard on the Elantra 1.6L.

The Hyundai Elantra 1.6L, like its 2.0L predecessor, would include a sunroof. The sunroof is not available on the top-of-the-line Yaris and City models. There are also rear AC vents, which contribute to the rear passengers’ comfort and elegance.

The Hyundai Elantra’s exact details are yet to be revealed. We’ll let you know as soon as we have more information. However, because it is a smaller, less expensive variant of the Hyundai Elantra 2.0L, expect fewer amenities. Meanwhile, let us know what you think of this 1.6L variant of the Elantra, which is already a hit in Pakistan.


READ MORE NEWS…

2022 Car Prices (11) 2022 CARS (13) 2022 News (21) 2024 Car Price In Pakistan (16) apple (26) Apple Inc (15) Automotive Blogs (14) Automotive News (233) Automotive News Pakistan (20) Auto News (153) Auto Sector (12) Blogs (11) car news (26) Car Prices (12) cars (46) cars of pakistan (47) Cricket (12) electric cars (13) entertainment news (15) F1 (23) F1 News (11) Formula 1 (12) Honda (13) Hyundai (12) Imran Khan (18) Imran Khan News (17) mg (16) MG Pakistan (19) new cars (34) news (377) news pakistan (16) News Update (22) pakistan automotive news (11) Pakistan Government (42) Pakistan News (80) PCB (23) proton (13) proton pakistan (15) PTI (22) Sports News (45) suzuki (18) Suzuki Pakistan (11) Tech News (68) Toyota (16) World News (15)

Haval-Logo
Automotive News

Bookings For The Locally Assembled Haval H6 1.5T Begin On April 15th, With A Significant Price Reduction

Bookings For The Locally Assembled Haval H6 1.5T Begin On April 15th, With A Significant Price Reduction

April 14, 2022 / By Zunair Tahir / Automotive News

SWEL (Sazgar Engineering Works Limited) is preparing to introduce the locally manufactured Haval H6 1.5T in Pakistan, with reservations beginning on April 15, 2022. (Friday). In addition, the business has announced a significant price drop in Pakistan for the locally produced Haval H6.

Customers will be pleased to learn that SEWL is offering the domestically assembled H6 1.5T at a discounted price. The new Haval H6 1.5T pricing is:

Old Price (PKR)PKR 6,849,000/:
Revised Price (PKR)PKR 6,499,000/:
Decrease (PKR)PKR 350,000/:
Booking Amount (PKR)PKR 1,000,000/:

READ MORE


Booking and Delivery

The Haval H6 1.5T has a booking fee of Rs. 1,000,000 in Pakistan, and the business will begin taking reservations on April 15, 2022. (Friday). In the meanwhile, deliveries of the vehicle is scheduled to begin in October 2022. However, when a Provisional Booking Order is issued, the company will confirm the actual delivery date (PBO).

HAVAL H6 DETAILS:

The Haval H6 1.5T is powered by a 1.5L turbocharged engine that produces 174 horsepower and 230 Nm of torque and is connected to a 7-speed Dual Clutch Transmission (DCT) system with a Front Wheel Drive (FWD) drivetrain.

SAFETYINTERIOREXTERIOR
6 Airbags10.25-inch Touchscreen InfotainmentLED Headlights
360 Camera6-Way Electric Adjustable Driving SeatLED DRLs
Traffic Sign Recognition4-Way Electric Adjustable Passenger SeatLED Taillights
Over Speed WarningPush StartLED Fog Lights
Electronic Stability Program (ESP)Keyless Entry18-inch Alloy Wheels
Traction Control System (TCS)Panoramic Sunroof
Brake Assist (BA)Wireless Charge
Adaptive Cruise ControlDual Zone Auto AC with Rear Vents
Roll Movement Intervention
Car Location Function

SEWL has positioned Haval H6 1.5T near to mid-range crossover SUVs with a price between Chery Tiggo 8 and Hyundai Tucson. This will allow the H6 to compete with all SUVs in its category as well as those above it. What are your thoughts on the new Haval H6 1.5T, which is being produced locally in Pakistan?

Please let us know in the comments section below.


READ MORE BLOGS…

2022 Car Prices (11) 2022 CARS (13) 2022 News (21) 2024 Car Price In Pakistan (16) apple (26) Apple Inc (15) Automotive Blogs (14) Automotive News (233) Automotive News Pakistan (20) Auto News (153) Auto Sector (12) Blogs (11) car news (26) Car Prices (12) cars (46) cars of pakistan (47) Cricket (12) electric cars (13) entertainment news (15) F1 (23) F1 News (11) Formula 1 (12) Honda (13) Hyundai (12) Imran Khan (18) Imran Khan News (17) mg (16) MG Pakistan (19) new cars (34) news (377) news pakistan (16) News Update (22) pakistan automotive news (11) Pakistan Government (42) Pakistan News (80) PCB (23) proton (13) proton pakistan (15) PTI (22) Sports News (45) suzuki (18) Suzuki Pakistan (11) Tech News (68) Toyota (16) World News (15)

Haval-Logo
Automotive News

Booking For The Haval H6 2.0T Begins On April 15th

Booking For The Haval H6 2.0T Begins On April 15th

April 14, 2022 / By Zunair Tahir / Automotive News

However, Sazgar Engineering Works Limited (SEWL) has yet to release the official specs of this version, but given that the vehicle’s business Completely Built Unit (CBU) also came with a 2.0L Turbo Engine, it’s fair to presume that features would be comparable.

Haval H6 2.0T Price in Pakistan:

The Haval H6 2.0T is priced at PKR 7,499,000/: in Pakistan, which would be a difficult sell given the growing competition in the SUV market, with more well-known companies already providing cheaper options. Due to the poor resale value, Pakistani clients are hesitant to give a new name in the automobile sector a chance.

The vehicle’s specs have yet to be verified by the business, however the Haval H6 2.0T is likely to include the following features:


READ MORE

2022 Haval Price List In Pakistan


Engine and Transmission

The Haval H6 2.0T is expected to be powered by a 2.0L Turbocharged 4b15d engine with 200 horsepower and 320 Nm of torque, linked to a 7-speed Dual Clutch Transmission (DCT).

Features

  • Panoramic Sunroof
  • 360 Camera View System
  • Cruise Control
  • Adaptation LEDs
  • Wireless Charge
  • Auto Wipers
  • 19-Inch Alloy Wheel
  • 6 Airbags
  • Tyre Pressure Monitoring System (TPMS)
  • Dual Zone Climate Control System
  • Electronic Parking Brake (EPB) + Auto Hold
  • Steering Wheel Audio Control
  • 12.3-Inch Color LCD Touch Display
  • Head-up Display (HuD)
  • Automatic Parking System
  • Electronic Stability Program (ESP)
  • Traction Control System (TCS)
  • Brake Assist (BA)
  • Adaptive Cruise Control
  • Roll Movement Intervention
  • Car Location Function
  • Traffic Sign Recognition

What are your thoughts on the new Haval H6 2.0T, which has just been released in Pakistan?

Please let us know in the comments section below.


READ MORE…

2022 Haval Price List In Pakistan
2022 MG Price List In Pakistan
2022 KIA Price List In Pakistan
2022 Proton Price List In Pakistan
2022 Peugeot Price List In Pakistan
2022 DFSK Price List In Pakistan
Proton-Logo
Automotive News

Pakistan Is Now Proton’s Largest Export Market

Pakistan Is Now Proton’s Largest Export Market

April 7, 2022 / By Zunair Tahir / Automotive News

Proton is steadily extending its global presence, with Pakistan being its most important export market. According to Paul Tan, a famous Malaysian news site, the manufacturer exported 794 units to foreign markets in March 2021, with 690 of those going to Pakistan.


ALSO READ

What is Causing Pakistan’s Automobile Costs to Rise?


In March 2022, Proton sold a total of 13,028 units (in Malaysia and other countries), a 41 percent increase over the previous month, with the Saga being the best-selling model with 6,422 units. The X70 SUV was the second best seller, with 2,320 units sold in a month.

Proton has a huge market share in Malaysia, but it isn’t quite as successful in Pakistan. Slow sales, delayed local manufacture, extended delivery periods, and a resulting drop in demand are some of the causes behind this.

Proton only sold 1,233 cars in Pakistan in 2021, according to data compiled by AutoJournal.pk. Only 181 of these units were locally produced, with 1,052 being CBUs.


YOU MIGHT ALSO LIKE


Following the de-intensification of COVID19 limitations and the resulting ease of commerce with Malaysia, Al-Haj Automotive recently stated that it is scaling up local manufacture of Proton automobiles.

According to market sources, Proton now has a backlog of over 1,000 reservations, resulting in a delivery delay of up to a year for new reservations. Previous customers have been enraged by these faults, and new purchasers have been turned off by Proton.

READ MORE…
Driving Tips For Saving Gas
Comparison Between Proton SAGA V/S Honda City
The Truth ! Advantage & Disadvantages of PPF(Paint Protection film) On Car
5 Reasons Why Pakistani’s Prefer Automatic Transmission Over Manual Transmission
WHAT IS THE PURPOSE OF CERAMIC COATING? BENEFITS? DISADVANTAGES?

2022 Car Prices (11) 2022 CARS (13) 2022 News (21) 2024 Car Price In Pakistan (16) apple (26) Apple Inc (15) Automotive Blogs (14) Automotive News (233) Automotive News Pakistan (20) Auto News (153) Auto Sector (12) Blogs (11) car news (26) Car Prices (12) cars (46) cars of pakistan (47) Cricket (12) electric cars (13) entertainment news (15) F1 (23) F1 News (11) Formula 1 (12) Honda (13) Hyundai (12) Imran Khan (18) Imran Khan News (17) mg (16) MG Pakistan (19) new cars (34) news (377) news pakistan (16) News Update (22) pakistan automotive news (11) Pakistan Government (42) Pakistan News (80) PCB (23) proton (13) proton pakistan (15) PTI (22) Sports News (45) suzuki (18) Suzuki Pakistan (11) Tech News (68) Toyota (16) World News (15)

Hyundai Logo
Automotive News

Hyundai Elantra Sees A Significant Rise In Prices

Hyundai Elantra Sees A Significant Rise In Prices

April 7, 2022 / By Zunair Tahir / Automotive News

HNMPL (Hyundai Nishat Motors Private Limited) has announced a significant price increase for the Elantra. This statement comes two weeks after the Hyundai Tucson’s price increase.

MODELHyundai Elantra GLS
Old PricePKR 4,399,000 EST
50% Revised Price (Rs.)PKR 4,599,000 EST
100% Revised Price (Rs.)PKR 4,799,000 EST
Increase (Rs.)PKR 400,000 EST

The automakers’ car costs have been reasonably stable over the previous two years. Analysts have predicted stormy times for the car sector this year.


YOU MIGHT ALSO LIKE

2022 Hyundai Price List In Pakistan


Mashood Khan, chairman of the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM), indicated last month that rising freight costs, rising raw material expenses, and the depreciation of the Pakistani rupee will continue to cause havoc on automobile pricing.

HNMPL, like a number of other automakers, will adopt the revised pricing in the following order:

  • Those who paid in full by April 5th, 2022, and expect delivery in June will be charged the previous price.
  • Those who paid in full before April 25th, 2022, and expect delivery in May or June, will face a 50% price increase.
  • Those who order new Elantras after April 5, 2022, will be charged the full price hike.

He, like numerous others, pointed to the current Ukraine-Russia war as a major impediment to global commerce and a contributing factor to the looming catastrophe. More price spikes are likely in the future, based on these details.


READ MORE NEWS…
What is Causing Pakistan’s Automobile Costs to Rise?
Chery Tiggo is Pakistan’s 12th Locally Manufactured SUV
The Price Of The Proton X70 Has Skyrocketed.
PEUGEOT Officially Launches Operations in Pakistan
Pak Suzuki May Debut the New Swift Next Month

2022 Car Prices (11) 2022 CARS (13) 2022 News (21) 2024 Car Price In Pakistan (16) apple (26) Apple Inc (15) Automotive Blogs (14) Automotive News (233) Automotive News Pakistan (20) Auto News (153) Auto Sector (12) Blogs (11) car news (26) Car Prices (12) cars (46) cars of pakistan (47) Cricket (12) electric cars (13) entertainment news (15) F1 (23) F1 News (11) Formula 1 (12) Honda (13) Hyundai (12) Imran Khan (18) Imran Khan News (17) mg (16) MG Pakistan (19) new cars (34) news (377) news pakistan (16) News Update (22) pakistan automotive news (11) Pakistan Government (42) Pakistan News (80) PCB (23) proton (13) proton pakistan (15) PTI (22) Sports News (45) suzuki (18) Suzuki Pakistan (11) Tech News (68) Toyota (16) World News (15)

Toyota Logo
Automotive News

Toyota Has Started Booking Land Cruiser LC300 Worth Rs 7 Crore

Toyota Has Started Booking Land Cruiser LC300 Worth Rs 7 Crore

April 2, 2022 / By Zunair Tahir / Automotive News

Automobile Company Toyota Motors has started Booking of its Famous Car Toyota Land cruiserLC300. The Price of the Toyota Land cruiserLC300 is around Rs 7 Crore and 25 lakh and the company has started booking and people car book their Vehicle around Rs 3 Crore.

Official time period has not been declared that when will they start delivering the new vehicles to the owner but booking has been started so the delivery dates will also be announced soon.


YOU MIGHT ALSO LIKE

2022 Toyota Price List In Pakistan


Toyota has started booking Land Cruiser LC300ZX in Pakistan from April 1, 2022. Those who book a car will have to submit a statement on a stamp paper of Rs. 50 stating that they will wait for 12 months after booking.

TOYOTA LAND CRUISER LC300 SPECIFICATIONS:

Launched in June 2021, the car weighs 200 kilograms less than its predecessor, which will help control grip and gravity. According to Toyota, many racing drivers from the Dakar Rally came up with their own ideas on how to improve this car.

In terms of safety, this is the best SUV with 13 airbags, cruise control, multi-view camera and front and rear parking sensors.


READ MORE NEWS…

2022 Car Prices (11) 2022 CARS (13) 2022 News (21) 2024 Car Price In Pakistan (16) apple (26) Apple Inc (15) Automotive Blogs (14) Automotive News (233) Automotive News Pakistan (20) Auto News (153) Auto Sector (12) Blogs (11) car news (26) Car Prices (12) cars (46) cars of pakistan (47) Cricket (12) electric cars (13) entertainment news (15) F1 (23) F1 News (11) Formula 1 (12) Honda (13) Hyundai (12) Imran Khan (18) Imran Khan News (17) mg (16) MG Pakistan (19) new cars (34) news (377) news pakistan (16) News Update (22) pakistan automotive news (11) Pakistan Government (42) Pakistan News (80) PCB (23) proton (13) proton pakistan (15) PTI (22) Sports News (45) suzuki (18) Suzuki Pakistan (11) Tech News (68) Toyota (16) World News (15)

alsvin-proton-x70-mghs-corolla-cross-glory-580-carnival-cars-blog-featured
Automotive News

What is Causing Pakistan’s Automobile Costs to Rise?

What is Causing Pakistan’s Automobile Costs to Rise?

April 1, 2022 / By Zunair Tahir / Automotive News

The government instructed an automotive monitoring committee to conduct a forensic study of recent price spikes in various car models across the board on Thursday.

Members of the committee were requested to choose neutral professional experts for the forensic study during a high-level meeting chaired by Federal Secretary for Industries and Production Jawad Malik, and the report should be presented within two weeks.

  • The ministry has directed a monitoring group to conduct a comprehensive investigation of the recent increase in automobile prices.
  • Industry participants tell the ministry about the reasons for late deliveries and manufacturing capacity.
  • The car industry has been asked to submit a localization strategy by the federal secretary.

YOU MIGHT ALSO LIKE


During the discussion, a ministry official asked the committee for an explanation for the recent price hikes in several automobile models in recent months.

According to the information presented at the meeting, the price increase was prompted by the following factors:

  • The rupee’s constant devaluation versus the US dollar
  • Freight rates have risen
  • Raw material prices are rising, as are operational costs

The government was also told by the industry players about the reasons for late deliveries and manufacturing capacity.

Malik also requested that the car sector provide a localization strategy with a time range to the ministry, as well as a report on safety features compliance.


READ MORE NEWS…

PreviousNext

You Want To Have Your Favorite Car?

We have a big list of modern & classic cars in both used and new categories.

Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Additional information
Click outside to hide the comparison bar
Compare