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NEWS

Petroleum dealers are going on strike across the country starting today.

Petroleum dealers are going on strike across the country starting today.

November 25, 2021 / By Zunair Tahir / News Pakistan

KARACHI: The Pakistan Petroleum Dealers Association (PPDA) declared on Wednesday that they will go on a nationwide strike starting tomorrow (November 25) to protest what they describe “poor profit margins.”

According to PPDA Secretary Noman Butt, all petrol stations across the nation, including Gilgit-Baltistan and Azad Jammu and Kashmir, would close at 6 a.m. on Thursday for an extended duration.

  • Petrol stations across Pakistan will close from 6 a.m. on Thursday for an extended duration, according to dealers.
  • According to PPDA Secretary Noman Butt, “no government official has contacted us regarding our demands so yet.”
  • The secretary of the PPDA bemoans the fact that the government continues to reject their demands.

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CAR PRICE IN PAKISTAN


He stated that the government has continued to reject their demands, and that they would not engage in negotiations with authorities unless their profit margins on petroleum product sales are enhanced by 6%.

Butt said that the administration had already assured the gasoline dealers that their demands would be satisfied, hence the strike had been called off.

“We called off the November 5 strike after getting assurances from the administration that our demands will be met,” Noman Butt stated.

The PPDA secretary responded to a query by saying that no government official had contacted them regarding their requests so far.


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NEWS

According to dealers, Pak Suzuki has Discontinued the 2nd Gen Swift and put a halt on Cultus bookings

According to dealers, Pak Suzuki has Discontinued the 2nd Gen Swift and put a halt on Cultus bookings

September 7, 2021 / By Zunair Tahir / News Pakistan

Pak Suzuki Motor Company is rumoured to be planning to phase out its second-generation Swift model in Pakistan, more than 12 years after its introduction, while bookings for the Cultus have been temporarily suspended.

According to a notice provided by the business in August of last year, the Swift, the second-generation hatchback, would be discontinued after August 2021.

The Suzuki Swift’s popularity has waned in Pakistan for the past 12 years, possibly because the firm has made no substantial improvements to the car. In the meanwhile, the firm released other more cheap hatchback choices, such as the new Suzuki Cultus, which has been a huge hit. Furthermore, the car faced competition from other newcomers to the market, such as the Kia Picanto, which drew a large number of consumers despite having a 1000cc engine choice.


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The company has made no substantial changes or enhancements to its second-generation hatchback in recent years, resulting in reduced sales. According to the Pakistan Automotive Manufacturers Association, Swift sales have fallen from 5,509 units in 2018-19 to 2,316 units in 2020-21. Sales in 2019-20 (1,828) were hindered by the Covid-19 epidemic, thus they can’t be used as a benchmark.

So, what’s next?

According to rumours, Suzuki Swift will release a new model in March 2022. As a result, the launch is almost a year away. Suzuki would also debut the 4th generation Swift in Pakistan, according to the rumours. In March 2017, the hatchback was presented in all its splendour at the Geneva Motor Show.

The new Swift sports the best-in-class lightweight body, based on the next generation platform “HEART TECH.” In 2020, it underwent a makeover with minor aesthetic adjustments. Pakistan, on the other hand, is expected to receive the pre-facelift vehicle.

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NEWS

Al-Haj Proton Shares Exciting News About Car Deliveries

Al-Haj Proton Shares Exciting News About Car Deliveries

August 31, 2021 / By Zunair Tahir / News Pakistan

Following a decrease in the COVID-19 infection rate in Malaysia, Proton’s production and sales activities have been restarted. As a result of this event, Al-Haj Proton has stated on its social media account that it is working hard to guarantee that automobiles are delivered to clients as soon as possible.


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According to the official notification, the company’s restart of operations would allow it to not only assure ease in the importation of CBUs, but also to delve into local assembly of its cars.
The business has indicated on many occasions that their assembly facility in Pakistan is nearing completion, however CKD activities were halted due to challenges in international shipment during the current Coronavirus outbreak in Central and South Asia.
Now appears to be the ideal moment for Al-Haj Proton to focus on establishing a significant market presence, since the business is going to face stiff competition from BAIC, which has recently entered the Pakistani automobile market.


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In the A-segment sedan category, BAIC, particularly with its D20 sedan, is anticipated to offer Proton stiff competition, as the aforementioned car competes directly with the Proton Saga. With the upcoming development, it will be fascinating to watch how Proton manages to get a greater market share.


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The Long Wait Is Over! Pakistan’s Auto Policy for the Years 2021-2026 Is Here

The Long Wait Is Over! Pakistan’s Auto Policy for the Years 2021-2026 Is Here

July 7, 2021 / By Zunair Tahir / News Pakistan

Auto Policy has finally been revealed by the federal government. Khusro Bakhtiar, the Federal Minister for Industries and Production, spoke during a news conference on the new strategy.

We’ve been hearing a lot of stories and speculations concerning automobile price increases in Pakistan. Despite repeated warnings, the situation for automobile users in the country remained uncertain. The wait, however, is now over. Pakistan’s new Auto Policy 2021-2026 has been announced by the government. According to the information given, there is undoubtedly good news for automobile aficionados. Furthermore, the new Auto Policy is good news for automobile buyers in the lower middle and middle classes. Let’s go straight into the specifics!


Impact On Cars

Vehicle Prices Have Dropped

The long-awaited decision has finally arrived. Vehicle costs have been decreased as a result of the new Auto Policy. Vehicles with engines up to 850cc would have their costs reduced to as low as PKR 105,000 under the new policy. When it comes to 1000cc vehicles, costs might drop as low as PKR 146,000. Furthermore, if we look at the Toyota Yaris and Honda City in particular, the costs will drop by up to PKR 125,000.

Here is the Auto Policy for the Years 2021-2026.

  • In the following 1-2 days, new car prices will be applied.
  • To put an end to the “ON Money” mentality, the buyer must register the vehicle in his or her own name.
  • 3,75,000 new employment will be created in the auto industry.
  • The auto sector has a production capacity of 4,15,000 vehicles per year. Pakistan manufactured 1,64,000 cars last year.
  • Cars with engines up to 850cc will have their prices reduced by up to Rs. 105,000.
  • 1000cc rates would be reduced by up to Rs140,000.
  • For one year, the import tariff on electric vehicles (EVs) would be cut from 25% to 10%.
  • If the automobile is delayed for more than 60 days (2 months), the firm will be charged KIBOR + 3%.
  • The automobile industry is taxed to the tune of Rs350 billion.
  • The government is working on a policy for auto development and export. Not only will the policy be focused on the domestic market.

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NEWS


BAIC Starts Pre-Booking of BJ40

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November 25, 2021 / By Zunair Tahir / News Pakistan


Petroleum dealers are going on strike across the country starting today.

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November 25, 2021 / By Zunair Tahir / News Pakistan


The Chip Shortage in the Automobile Industry is Nearing an End – Morgan Stanley

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November 19, 2021 / By Zunair Tahir / News Pakistan


In Islamabad, a vintage and classic Automobile Event VCCCP is a major Success

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November 18, 2021 / By Zunair Tahir / News Pakistan


The New BUGATTI CHIRON Tourbillon Baguette Timepiece

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November 13, 2021 / By Zunair Tahir / News Pakistan


GOVT Refuses to Allow Vintage Car Import

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November 12, 2021 / By Zunair Tahir / News Pakistan


The Fifth-Generation Range Rover Debuts in 2022 with a Third row and BMW V8 engine.

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In Formula Student Russia 2021, the NUST Racing Car Team finished second

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Is Faw v2 Discontinued !! In Pakistan

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September 21, 2021 / By Zunair Tahir / News Pakistan


The Toyota Corolla Altis X 1.6 Special Edition has been launched in Pakistan

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September 11, 2021 / By Zunair Tahir / News Pakistan


Alex Albon Is Back Joins Williams For 2022 F1 Season

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George Russell Joins Mercedes F1 From 2022

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Pieree Gasly and Yuki Tsunoda have been confirmed as Alpha Tauri drivers for the 2022 Formula One season.

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According to dealers, Pak Suzuki has Discontinued the 2nd Gen Swift and put a halt on Cultus bookings

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September 7, 2021 / By Zunair Tahir / News Pakistan


Valtteri Bottas Will Join Alfa Romeo In 2022 ! Breaking News

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Kubica Is Back ! Replaces Raikkonen At Dutch GP

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The Most Expensive Car Registration in Punjab Has Been Completed! Total: 53 Lakhs

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September 3, 2021 / By Zunair Tahir / News Pakistan


KIMI RAIKKONEN To Retire From F1 At the End of the 2021 F1 Season

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September 2, 2021 / By Zunair Tahir / News F1


From September 1, the Price of Petrol in Pakistan is likely to Drop

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August 31, 2021 / By Zunair Tahir / News Pakistan


Al-Haj Proton Shares Exciting News About Car Deliveries

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August 31, 2021 / By Zunair Tahir / News Pakistan


BAIC Pakistan has already begun car Production & Reservations will be available soon

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August 30, 2021 / By Zunair Tahir / News Pakistan


Verstappen wins the Belgian F1 Grand Prix, which was rained out

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August 26, 2021 / By Zunair Tahir / News F1


Changan Pakistan has hiked the price of their cars by Rs120,000.

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August 26, 2021 / By Zunair Tahir / News Pakistan


Next Year, the “MG GT” (MG 5) will be launched in Pakistan.

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August 25, 2021 / By Zunair Tahir / News Pakistan


THE VW Beetle Turns Chinese | ORA Punk Cat Car Electric

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August 23, 2021 / By Zunair Tahir / News Pakistan


Pak Suzuki is retiring Bolan and Ravi after 40 years

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August 16, 2021 / By Zunair Tahir / News Pakistan


Toyota Pakistan Celebrate Independence Day By Bringing Biggest Used Car Sales Gala

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August 13, 2021 / By Zunair Tahir / News Pakistan


Is Lamborghini Bringing Back Countach As a Hybrid

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August 12, 2021 / By Zunair Tahir / News Pakistan


Mahira Khan is welcomed to the MG Club by Javed Afridi.

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August 7, 2021 / By Zunair Tahir / News Pakistan


Toyota Indus Motors Celebrate Record Breaking Sales in July 2021

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August 3, 2021 / By Zunair Tahir / News Pakistan


Beginning August 1, the price of gasoline in Pakistan was increased by Rs1.71 per litre.

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August 1, 2021 / By Zunair Tahir / News Pakistan


The Price of the 6th Generation Honda City 2021 in Pakistan Has Been Revealed

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July 30, 2021 / By Zunair Tahir / News Pakistan


McLaren 765LT Spider Debut ! This is McLaren’s most powerful convertible to Existence.

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July 28, 2021 / By Zunair Tahir / News Global


Bad News !! Petrol Prices Increased Again By Government

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July 16, 2021 / By Zunair Tahir / News Pakistan

Impact of Budget On Auto Sector 2021-22

Impact of Budget On Auto Sector 2021-22

Posted By Zunair Tahir 12 June 2021 / News Pakistan

The budget for 2021-22 has been revealed, revealing a number of anticipated policy changes. There has been speculation regarding the changes that are expected in the new auto policy, since it has been widely reported that local vehicle prices may finally stabilize.

The government has announced that the Federal Excise Duty (FED) on domestically built cars with an engine displacement of 850cc or less has been eliminated. Prior to the development, the duty rate was 2.5 percent. Federal Finance Minister Shaukat Tareen also stated during the session that the sales tax on the aforementioned sector of automobiles has been reduced from 17 percent to 12.5 percent, resulting in a 4.5 percent reduction in tax rates.

Under these 03 programmed, old and secondhand Asian-made vehicles can be imported against payment of the following amounts:

S.No.Vehicles of Asian Makes meant for transportation of personsDuty and Taxes in US$ or equivalent amount in Pak
01.Upto 800 ccUS$ 4,800
02.801cc to 1000ccUS$6,000
03.From 1001 cc to 1300ccUS$13,200
04.From 1301cc to 1500ccUS$18,590
05.From 1501cc to 1600ccUS$22,550
06.From 1601cc to 1800cc (Excluding Jeeps)US$27,940

According to reports, HM Shehzad, Chairman of the All Pakistan Motor Dealers Association (APDMA), recently recommended that the government make modifications to the new car policy that would be adopted when the 2021-22 budget is presented.

Electric vehicles:

Electric car imports would be free from VAT, but domestically made electric vehicles will be subject to a 1% sales tax.
The government would also levy a “on money” tax on automobiles that are sold without being registered. “On money” or premium refers to a procedure in which anxious customers with extra funds pay a premium to vehicle dealers in exchange for immediate delivery rather than waiting months.

Tarin proposed measures for electric vehicles during his budget address, saying that the government was supporting the usage and manufacture of electric vehicles to reduce reliance on gasoline, offer inexpensive transportation to the general people, and minimise environmental effect. To achieve these aims, substantial tax relief measures for electric cars were proposed, including a tax exemption on the import of fully knocked down (CKD) kits for local electric vehicle production.

In addition, the sales tax on domestically made electric vehicles was reduced from 17 percent to 1 percent, while the value added tax on imported electric vehicles was eliminated. Electric cars will also be exempt from federal excise taxes. Hanif emphasized that tax breaks and exemptions for electric cars will help to create a more fuel-efficient and environmentally friendly economy.


Blogs

Blogs


“Today was a joke,” Hamilton said of the FIA.

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August 10, 2021 / By Zunair Tahir / Blogs F1


Comparison Between Proton SAGA V/S Honda City

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August 10, 2021 / By Zunair Tahir / Blogs Pakistan


Blog On Auto Shows Of Pakistan (Pak Wheel Auto Show Lahore )

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August 6, 2021 / By Ibrahim Tariq / Blogs Pakistan


The Truth ! Advantage & Disadvantages of PPF(Paint Protection film) On Car

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July 28, 2021 / By Zunair Tahir / Blog Pakistan


5 Reasons Why Pakistani’s Prefer Automatic Transmission Over Manual Transmission

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July 19, 2021 / By Zunair Tahir / Blog Pakistan


Which One is the Safest Sedan to buy Till Date…

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July 3, 2021 / By Zunair Tahir / Blog Pakistan


How to Read Your Tyre Size

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July 2, 2021 / By Zunair Tahir / Blogs Pakistan


The “GRONOS 2021” by MANSORY is based on the Mercedes G-Class.

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June 25, 2021 / By Zunair Tahir / Blogs Pakistan


WHAT IS THE PURPOSE OF CERAMIC COATING? BENEFITS? DISADVANTAGES?

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June 21, 2021 / By Zunair Tahir / Blogs Pakistan


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