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Tesla’s India Entrance Strategy Would Be Put On Hold

Tesla’s India Entrance Strategy Would Be Put On Hold

May 16, 2022 / By Zunair Tahir / Automotive News

According to three people familiar with the issue, Tesla has put plans to sell electric cars in India on hold, abandoned a search for showroom space, and moved members of its domestic staff after failing to negotiate reduced import taxes.

Tesla planned to gauge demand by offering lower taxes on electric cars (EVs) imported from production hubs in the United States and China, which resulted in a year of deadlock negotiations with government officials.

The Indian government, on the other hand, is urging Tesla to commit to local manufacturing before lowering import levies, which can be as high as 100%.

According to people familiar with Tesla’s plan, the business set a deadline of February 1 to see if their lobbying paid off, the day India announces its budget and reveals tax revisions.

According to the persons who asked anonymity because the conversations were private, Tesla put its plans to import cars into India on hold when Prime Minister Narendra Modi’s government refused to compromise.

According to two sources, Tesla had been exploring for real estate options in New Delhi, Mumbai, and Bengaluru for months, but that plan has also been put on hold.

Tesla did not reply to an email request for comment. The Indian government did not respond to a request for comment right away. Tesla’s modest team in India has been handed additional responsibilities for other markets.

According to his LinkedIn page, Manuj Khurana, the company’s India policy head, has been working in a new “product” function in San Francisco since March.

In January, Tesla CEO Elon Musk claimed the business was still “working through a lot of challenges with the government” in terms of sales in India. Increased demand for Tesla automobiles in other countries, as well as a dispute over import levies, prompted the adjustment in strategy. Modi has attempted to woo businesses with a “Make in India” campaign, but his transport minister, Nitin Gadkari, claimed in April that Tesla importing vehicles from China would be a “bad suggestion.”

New Delhi, on the other hand, won a triumph in January when Mercedes-Benz announced that it will begin manufacturing one of its electric cars in India.

Tesla had intended to gain a competitive advantage in India’s small but growing electric car industry, which is now dominated by Tata Motors.

Tesla’s starting price of $40,000 (about Rs. 31 lakh) would put it in the premium segment of the Indian market, where sales account just a small proportion of the country’s almost 3 million annual automobile sales.


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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.


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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.


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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.


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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/:

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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.


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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.


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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.


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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.

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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.


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Automotive News

The Price Of The Proton X70 Has Skyrocketed

The Price Of The Proton X70 Has Skyrocketed

March 21, 2022 / By Zunair Tahir / Automotive News

Al-Haj Automotive has been waiting patiently for the price of the Proton X70 to rise. The manufacturer has now published the increased costs for its small SUV, which follow the debut of locally produced models.

Despite the fact that the price rises are just for one model, the increase is substantial, reaching Rs. 860,000. The following are the new Proton X70 pricing, which are effective immediately:

VariantsOld Prices (PKR)Revised Prices for Old Bookings (PKR)Revised Prices for New Bookings (PKR)Increase (PKR)
Proton X70 Executive AWDPKR 4,590,000PKR 5,300,000PKR 5,400,000PKR 810,000
Proton X70 Premium FWDPKR 4,890,000PKR 5,650,000PKR 5,750,000PKR 860,000
CALL FOR ON ROAD PRICE

Proton will shortly begin delivering the first batch of domestically produced X70 SUVs around the country. It’s a small SUV that goes up against the Kia Sportage, Hyundai Tucson, and MG HS.

It comes in two versions, both of which include a 1.5-liter turbocharged 3-cylinder petrol engine with 176 horsepower and 255 Nm of torque. The power is sent to the front wheels or all four wheels via the 7-speed DCT automatic gearbox (depending on the variant).


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Here’s how the new pricing operate, just to be clear:

  • Those who ordered the X70 before the price increase will pay Rs. 5.3 million for the Executive AWD model and Rs. 5.65 million for the Premium FWD model.
  • People who have already purchased or will purchase an X70 following the price increase will pay Rs. 5.4 million for Executive AWD and Rs. 5.75 million for Premium FWD.

A digital instrument cluster, steering wheel controls, a push-start button, power-folding mirrors, a day-night rearview mirror, ventilated front seats, dual-zone temperature control, cruise control, and other modern driver aids are all standard on the Proton X70.

Despite the price increase, the X70 remains a competitive SUV that has the ability to outperform its competitors if Al-Haj Automotive can keep up with demand.


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Automotive News

President Empowers Suzuki Customers to Get a Refund Of Up to 12% Of Their Sales Tax Overpayment

President Empowers Suzuki Customers to Get a Refund Of Up to 12% Of Their Sales Tax Overpayment

March 17, 2022 / By Zunair Tahir / Automotive News Pakistan

President Arif Alvi has supported the Federal Tax Ombudsman’s (FTO) decision to refund more than 12.5 percent of sales tax collected from Suzuki car customers.

Pak Suzuki was sued under Section 10(1) of the Federal Tax Ombudsman Ordinance, 2000 (FTO Ordinance) for collecting 17 percent sales tax on 998cc automobiles in August 2021, despite the fact that the real rate at the time was 12.5 percent. As a result, taxpayers were compelled to pay more than was truly owed.

The judgement was confirmed by Pakistan’s President, who dismissed FBR’s appeals against the return suggestion. FTO Dr Asif Mahmood Jah, speaking during a press conference, said:

“The President’s directive will assist customers around the country who paid an excessive amount of Sales Tax from Suzuki car purchasers.”

The complainants ordered 998cc automobiles in advance of June 2021, paying a total of Rs 2.145 million in advance, with an estimated delivery date of July 2021. Meanwhile, by the Finance Act of 2021, the rate of Sales Tax on such automobiles was reduced from 17 percent to 12.5 percent, and the FED charged at 2.5 percent was abolished entirely, with effect from July 1, 2021. Furthermore, the word “time of supply” was changed from “time of sale” to “time of delivery” in Section 2(44) of the Sales Tax Act of 1990.

The automobiles were delivered to the complainants together with an invoice for Rs 2.069 million, which reflected the revised rate in effect after July 2021, rather than the rate in effect when the car was booked in June 2021. However, the firm assessed Sales Tax on the previous rates rather than the invoice date “the time of sale” and refused to refund the difference, denying Middle-Income Complainants the full benefit of the lower tax burden. The complaint also contacted FBR through email on its hotline, asking a reimbursement of the difference in sales tax.

The FBR responded by sending an email stating that sales tax on automobiles up to 1000cc had been decreased to 12.5 percent. However, the FBR did not fix the matter by arranging for a reimbursement of the sales tax difference. According to the FBR:

“At the time of reserving the car in June 2021 and its delivery in August 2021, there was a lack of clarity on the term of “time of supply.” The appropriate period for establishing the rate of taxes was when payment was received by the provider, according to the definition in June 2021, when Sales Tax was 17 percent and FED was 2.5 percent. However, in the budget 2022-2023, both the definition and the applicable tax rates were changed, and now “supply of goods, other than under hire purchase agreement, means the time at which the goods are delivered or made available to the recipient of the supply” means “the time at which the goods are delivered or made available to the recipient of the supply.”

Despite the fact that the act’s amendments were meant to assist taxpayers, the objections were dismissed. The Federal Tax Ombudsman has issued instructions to all advisors to decide all similar cases in accordance with a decision by the President of Pakistan, and FTO hopes that the Federal Bureau of Revenue will ensure prompt compliance with the President’s directives, as the decision has a far-reaching impact by providing relief to not only the complaints but many others who may not have so far opted for such relief, FTO added.


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In Pakistan, a New Electric Car is Will Be Available for just PKR. 3 Per kilometer

In Pakistan, a New Electric Car is Will Be Available for just PKR. 3 Per kilometer

January 19, 2022 / By Zunair Tahir / News Pakistan

Good news for Pakistanis, Sitara and Tesla have introduced ‘Multi Purpose Commercial Electric Vehicles’ and ‘EV Charger‘ and ‘AC Charger‘ for charging them.

According to the report, these vehicles have been imported from China by Sitara Engineers Faisalabad and Tesla Industries Islamabad under joint ventures and they will start assembling in Pakistan by next year. It travels 250 km and has a maximum range of 300 km while the battery life is close to 1 million km. The company has also announced a local warranty of 1.5 million kilometers or five years to be completed first.


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Those who buy electric vehicles get rid of petrol or diesel as well as mobile oil and filter replacement. Expenses on petrol and diesel can be said to be cost saving, but their real advantage is that their silencer does not emit any kind of smoke but it does not have silencer at all.

People can charge at home at night easily go to work tomorrow and it will be pollution free and it will be quite fast because electric cars deliver power at any rpm and they will be less maintenance then any petrol or diesel cars.

Amir Hussain, CEO of Gogo Motors, a subsidiary of Tesla Motors, has revealed that his company has completed the installation of electric chargers and now Pakistanis can travel on any electric car from Peshawar to Rahim Yar Khan. ۔

Charging stations have been installed in Islamabad, Peshawar, Bhairah, Pindi Bhattian, Abdul Hakim and Multan and a charger will be installed in Faisalabad in the same month.


Car Price List

Peugeot Price List In Pakistan

2022 Peugeot Price List In Pakistan

2022 Peugeot 2008 Price List

(2nd Geneartion)

CAR VARIANTENGINEPRICE
Peugeot 2008 Active1.2LPKR 5,250,000 EST
Peugeot 2008 Allure1.2LPKR 5,850,000 EST
CALL FOR ONROAD PRICE

DETAIL SPECIFICATIONS

Peugeot 2008 Active1200cc/Automatic/ Petrol
Peugeot 2008 Allure1200cc/Automatic/ Petrol

Up Coming Peugeot Cars In Pakistan

2022 Peugeot 3008 Price List In Pakistan

CAR VARIANTENGINEPRICE
Peugeot 30081.6LPKR 5,500,000 EST
Expected Launch Date May 2022

DETAIL SPECIFICATIONS

Peugeot 30081600cc/Automatic/ Petrol

Up Coming 2022 Peugeot 5008 Price List

CAR VARIANTENGINEPRICE
Peugeot 50081.6LPKR 7,500,000 EST
Expected Launch Date December 2022

DETAIL SPECIFICATIONS

Peugeot 50081600cc/Automatic/ Petrol

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Automotive News

The First Locally Assembled Peugeot 2008 SUV in Pakistan Has Showed up

The First Locally Assembled Peugeot 2008 SUV in Pakistan Has Showed up

January 7, 2022 / By Zunair Tahir / News Pakistan

Peugeot Pakistan appears to be on the verge of making its much-anticipated debut, as a new social media video shows the first batch of its 2008 SUVs moving off the local assembly plant in Port Qasim, Karachi.


Peugeot History

The Peugeot 2008 is a subcompact crossover SUV built by Stellantis, a French automaker.
In 2013, it was initially launched to the worldwide market. It had a 1.6-liter turbocharged inline-four engine with a six-speed automated transmission. Depending on the engine size, it also came with a five-speed manual or a six-speed manual transmission.

In 2016, it underwent a makeover, and in 2017, it was upgraded to a six-speed automated transmission (1.2 turbo petrol) The Peugeot 2008 is a subcompact crossover SUV that competes with the Kia Stonic, MG ZS, Proton X50, and DFSK Glory 500 SUV.


Peugeot will make its debut in Pakistan in collaboration with Lucky Motor Corporation (LMC), the same business that brought Kia Motors back to Pakistan. The latter was introduced in 2019 and has proven to be the most successful newcomer in the Pakistani automobile sector.

For the last few months, since the latest spotting of a wrapped Peugeot 2008 SUV in Pakistan, rumors’ of its forthcoming introduction have been circulating. Peugeot appears to be on track for a debut early next year, according on the latest videos of the SUVs’ lining-off ceremony.

There are presently no price specifics for the car in Pakistan, but it is expected that LMC would pitch the Peugeot brand as a high-end option to Kia, implying that the 2008 might cost anywhere between Rs. 4.3 million and Rs. 4.8 million.

Despite the expensive price, given the Peugeot SUV’s features, aesthetics, and performance, it is anticipated to become one of the most popular vehicles among Pakistan’s high-end automobile customers.


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