Automotive News

Honda Will Launch HR-V In Pakistan Soon

Honda Will Launch HR-V In Pakistan Soon

July 30, 2022 / By Zunair Tahir / Automotive News


In the near future, Honda Atlas Cars Limited intends to introduce Pakistan to the brand-new HR-V. Without providing a specific debut date, the business announced “HR-V All New 2022 Coming Soon” on a digital banner at Pakistan Auto Show (PAS) 2022.

Last month, HACL started testing the HR-V in Pakistan, which excited auto fans. The 11th generation Honda Civic test vehicle was seen to be wrapped in the same camouflage as the SUV. Later updates made it clear that HACL had indeed imported the SUV for testing.


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2022 Honda Price List In Pakistan


HONDA HR-V DETAILS:

Early in 2021, Honda introduced the HR-V, also known as the Honda Vezel in Japan, to compete with crossovers like the Toyota C-HR, Corolla Cross, Mazda CX-5, Kia Sportage, Hyundai Tucson, and others.

It offers a variety of powertrains for different markets, including an electric hybrid option. A 360-degree camera, blind-spot monitoring, adaptive cruise control, lane keep assist, automated braking, traffic sign reading, lane departure warning, and other contemporary Honda Sensing technology are all included in the HR-V.

The SUV was listed as costing Rs. 6.05 million on the import invoice, which seems like a reasonable price. However, considering the continued local currency devaluation and increasing operating costs, the manufacturer is probably going to launch at a significantly higher price.


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Automotive News

At The Lahore Expo, The “Made in Pakistan” Vehicle Display Will Open On 29 July 2022

At The Lahore Expo, The “Made in Pakistan” Vehicle Display Will Open On 29 July 2022

July 27, 2022 / By Zunair Tahir / Automotive News


The Pakistan Auto Show was established to give our industry a stage from which to present Pakistan’s capabilities and promise to the outside world. The whole auto engineering sector is together under one roof for the three-day event.

High-ranking members of the government, local and foreign buyers and manufacturers, producers of machinery, suppliers of raw materials, service providers, and much more may all be found at the event.

The Pakistan Auto Show 2022 (PAPS-22), which will be held at the International Expo Centre in Lahore on the 29th, 30th, and 31st of July 2022 with the theme “MADE IN PAKISTAN,” is all ready to enchant auto enthusiasts and well-known automakers with the display of their inventions.

READ MORE: 2022 CAR PRICES IN PAKISTAN

This massive event, which interests the top auto-players in the auto industry, is organized by the Pakistan Association of Automotive Parts and Accessories Manufacturers, an influential trade organization with more than 350 members.

As of right now, MG Motors, Indus Motor Company (IMC), Honda Atlas Cars Pakistan Limited (HACPL), Atlas Honda Ltd., (AHL), Al-Haj Automotive (Pvt) Ltd, Pak Suzuki Motor Company Limited (PSMC), and Chevron Pakistan Ltd. are the event’s well-known official sponsors.

Every year, more than 150,000 locals visit PAPS to view the renowned firms from Japan, Germany, Korea, China, France, Turkey, Thailand, Taiwan, England, USA, UAE, and Sri Lanka. Over 400 foreign guests, including 150 global buyers and delegations, also come to this thriving Auto Show.

Passenger Cars, Trucks, Buses, Tractors, Rickshaws, Motorcycles, Auto Parts Manufacturers, Services Providers, Machinery Makers, Toolmakers, Antique Cars, and Heavy Motorbikes are just a few of the diverse categories of exhibitors, in addition to related service sectors like accessories, tracking & insurance, etc.

“With the exponential rise of the auto and allied sectors in Pakistan, the local customers and foreign investors are exhibiting significant interest in the automotive sector,” said Mr. Abdur Razzaq Gauhar, chairman of PAPAAM. PAAPAM recognizes the potential for local industry to flourish and, keeping in mind consumer wants, offers a platform, Pakistan Auto Show, for companies to showcase their goods to the public and hold B2B and B2G meetings.

The largest auto industry show in the nation, the Pakistan Auto Show 2022 (PAPS-22), will be held at the Expo Centre in Lahore on the 29th, 30th, and 31st of July 2022. Over 350 big, medium, and small auto component businesses from across Pakistan are represented by the “Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM),” which has taken a commendable step.


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Automotive News

In Pakistan, Have Toyota’s Days Come To An End?

In Pakistan, Have Toyota’s Days Come To An End?

July 25, 2022 / By Zunair Tahir / Automotive News


Toyota Indus is said to be ceasing automobile manufacture in Pakistan and may be required to reimburse advance payments made for reserved vehicles.
Toyota has earlier said that the major cause of the production hiccup was the restrictions on the LC permission for CKD (completely knocked down units) imports from the State Bank of Pakistan. In June and July, the corporation also noticed two weeks of idle manufacturing, which delayed production.

READ MORE: 2022 CAR PRICES IN PAKISTAN

Due to challenges importing complete knockdown (CKD) kits and the sharp decline in the value of the local currency relative to the US Dollar, Toyota Indus Motor Company (IMC) is preparing to cease manufacturing in Pakistan for an extended period.

To deal with sluggish CKD imports, the business has previously established non-production days (NPDs). However, new rumor’s imply that Toyota IMC would suspend manufacturing for an extended period of time, however they do not specify how many days.

According to our sources, the corporation will formally reveal its production delay scenario the following week. Customers who are unable to wait for delayed delivery will also receive refunds for any advance payments they made on Toyota Indus vehicles. Toyota Indus may have to stop all manufacturing if the situation doesn’t improve.

The State Bank of Pakistan has limited the opening of Letters of Credit (LC) to a number of industries, including the automotive sector, as a result of the devaluation of the rupee on the global market. This has disrupted the manufacture of vehicles and delayed deliveries as a result.


We will give customers the option to avail a refund with the full interest. In case they choose not to opt for this (refund), they will have to wait at least 3 (more) months from the delivery month given on the Provisional Booking Order Form and (also) pay the price differential due to the exchange rate situation.


The business will probably soon make a formal announcement in this respect.

The predicament of Toyota IMC has given rise to rumours that suggest its time in Pakistan may be numbered.

READ More: Driving Tips for How to Save Petrol

An industry professional that ALL ABOUT CARS contacted said that these rumor’s are wholly untrue. He stated that the business intended to start anew shortly and clear the backlog of orders in the interim.

Despite not importing its CKDs directly from Japan, Toyota IMC’s car assembly operations have been hampered by the chip shortage and other logistical problems. As the carmaker continues to struggle in Pakistan and other nations, Toyota’s sales are anticipated to suffer greatly.


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Automotive News

Government Has Imposed 1% Capital Value Tax (CVT) On Cars Above 1300cc

Government Has Imposed 1% Capital Value Tax (CVT) On Cars Above 1300cc

July 6, 2022 / By Zunair Tahir / Automotive News



Beginning on July 1st, 2022, the government will apply a 1 percent Capital Value Tax (CVT) on all vehicles with engines larger than 1300 cc and battery packs larger than 50 kWh.

In an effort to include automobiles with relatively tiny yet turbocharged engines under the tax net, the government had earlier suggested a 2 percent CVT on vehicles with price tags exceeding PKR 5 Million, according to the details. Later, the plan was scaled back to a 1% CVT.

READ MORE: MG 3 Will Debut In Pakistan With Less Than 2 Million?

The Finance Act 2022–23, on the other hand, significantly alters how this new Capital Value Tax is portrayed. Then how?

CAR IMPACT OF CVT

  • Changan Alsvin
  • Toyota Yaris
  • Honda City (1.5L variants)
  • Toyota Corolla
  • Honda Civic
  • KIA Stonic
  • KIA Sportage
  • Hyundai Tucson
  • Proton X70
  • Chery Tiggo 4 Pro
  • Chery Tiggo 8 Pro
  • Changan Oshan X7
  • KIA Sorento
  • DFSK Glory 580 Pro
  • Hyundai Elantra
  • Hyundai Sonata
  • Haval Jolion
  • Haval H6

The tax requirements are now predicated on the engine displacement above 1300cc, and the price tag beyond PKR 5 Million is therefore wholly meaningless. Although FBR’s decrease of CVT from 2% to 1% was to the benefit of customers, these recent conditions mean that the impact on consumers will be considerably greater.

Although there has been a significant rise in the number of automobiles brought into the CVT tax net, the value of tax collection has undoubtedly decreased. Thus, the government benefits from this arrangement!


READ MORE NEWS…

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Automotive News

2023 Porsche 963 LMDh Racecar

2023 Porsche 963 LMDh Racecar

June 25, 2022 / By Zunair Tahir / Automotive News



In the biggest endurance races in the world, the Porsche Penske Motorsport team enters the brand-new Porsche 963 in search of overall victories. Two hybrid LMDh-spec prototypes will compete in both the IMSA WeatherTech SportsCar Championship and the FIA World Endurance Championship starting in 2023.

The racing car, which had its public debut at Goodwood in England, is painted in the traditional Porsche racing colours of white, red, and black. Experienced prototype drivers who have won championships share the cockpits of the 500 kW (680 PS) race cars with seasoned professionals from Porsche’s works driver squad. Porsche Penske Motorsport works in two places to get ready for these missions: The FIA World Endurance Championship and the IMSA WeatherTech SportsCar Championship are handled by the branch in Mannheim, Germany.

We’re on a very good route after 7,889 test kilometres in the first half of 2022, but there is still work to be done before the start of the next season, says Thomas Laudenbach, Vice President of Motorsport.

“Our brand-new Porsche 963 should carry on the tradition of iconic cars like the 917, 935, 956, and 962 as well as the 919 Hybrid. I’m certain that we’ll be well-positioned technologically, and we’ve established the appropriate team structures to prepare us for success in the exciting competition between several manufacturers and various models.”

The Porsche 963 will make its official racing debut at the USA’s 24 Hours of Daytona in January 2023. In the interim, testing is permitted as a component of the 2022 world championship events, according to the FIA WEC. At the season-ending race in Bahrain in November 2022, Porsche Penske Motorsport hopes to do a non-competitive dress rehearsal.

According to Urs Kuratle, Director Factory Motorsport LMDh, “Over the past several months, our colleagues at Porsche Motorsport and Team Penske have matured into an effective and dedicated squad — the Porsche Penske Motorsport Team.” “In the four factory cars, we’ll have strong driver teams. The relationship we have with our dependable tyre supplier Michelin and the chassis maker Multimatic is perfect. This fall, the Porsche 963 should receive homologation. We want to continue moving forward with test drives till then and collect more knowledge. We are really eager for our first adventure.”

At its headquarters in Mooresville (North Carolina) and Mannheim, Porsche Penske Motorsport prepares a total of four 963s for the most significant sports car events in the world (Germany). The WEC site in Baden-Württemberg, Germany, was once Penske Automotive Porsche Center and was constructed to the highest industry standards. The data interchange between Porsche Penske Motorsport’s three high-tech centers happens practically instantly. In the fall of 2022, the WEC team will occupy the Mannheim space.

The Porsche 963 is built on an LMP2-category chassis to comply with LMDh rules. The Canadian high-tech firm Multimatic is the supplier of this newly created vehicle chassis. The common hybrid parts are provided by Bosch, Williams Advanced Engineering, and Xtrac. A 4.6-liter V8 Biturbo is the engine’s core component. The high-performance hybrid sports vehicle 918 Spyder serves as the foundation for the engine. Its ancestry may be traced back to the RS Spyder racing vehicle, which was driven to several victories between 2005 and 2008 by Porsche and Team Penske. The winning 956 and 962 classics from the 1980s are the design inspiration for the new Porsche 963. The distinguishing characteristic of the most recent 992-generation 911 is echoed by a continuous strip of illumination at the back.


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Automotive News

(PSMC) Has Reportedly Decided To Discontinue Cultus

(PSMC) Has Reportedly Decided To Discontinue Cultus

June 25, 2022 / By Zunair Tahir / Automotive News



The Suzuki Cultus will reportedly no longer be sold in Pakistan by Pak Suzuki Motor Company (PSMC). They have been informed by a source that one of the company’s best-selling vehicles would be discontinued in the coming months. According to reports, Cultus will be officially discontinued in the coming months.


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2022 Suzuki Price List In Pakistan


Sources claim that the firm intends to highlight the recently released Suzuki Swift as their main offering. The corporation wanted customers to flock to the new Swift because “Cultus was dangling midway between sales of Alto and Swift,” they continued.

According to reports, Alto and Swift sales had an impact on Cultus sales, and the business intended to heavily market Swift while boosting Alto sales.

It further stated that Pak Suzuki Motor Company (PSMC) wanted to increase sales of the Suzuki Alto. The Suzuki Alto sold 9,814 units in March 2022, 5,009 units in April, and then a small increase to 5,461 units in May 2022, according to the Pakistan Automotive Manufacturers Association (PAMA).

The Suzuki Cultus will no longer be sold in Pakistan, but Pak Suzuki Motor Company (PSMC) has not yet officially announced this. The Suzuki Cultus is one of the company’s best-selling vehicles and was just introduced in 2019, thus it seems quite improbable that they will move forward with the choice.

READ MORE: Follow These 5 Steps To Protect Your Car’s Paint!

It is important to note that on social media, there have been reports that Suzuki will rerelease “The Boss” alias Mehran for a very low cost. However, these speculations are untrue, and after being phased out in 2019, everyone’s favorite hatchback is not making a comeback.

In 2017, the brand-new Cultus became live. The hatchback was introduced in three variations by PSMC: VX, VXR, and VXL. Since its debut, Cultus has dominated the 1000cc market in the home country.

Airbags, power windows, power steering, an immobilizer, and keyless entry are all available on the Cultus. A scarcity of airbags caused PSMC to have to postpone the production of Cultus a few months ago.


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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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(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
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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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