Government to Withdraw 3% VAT on Imported Products
The government has reportedly planned to withdraw 3% value addition sales tax imposed on 32 various imported products.
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2019 JDM Toyota Corolla Launched
Toyota has launched the 12th generation Corolla range for the Japanese Domestic Market (JDM). The 2019 JDM Corolla is available in three body styles– Sedan, Touring (previously Fielder/ Axio) and the Sport hatchback.
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Pak Suzuki Suspends Booking of Vehicles
Pak Suzuki has suspended booking of some of its models with immediate effect. In a notice sent to its dealers, the company has instructed not to accept booking of the below mentioned vehicles.
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Toyota Wants to Make a Car That Runs Forever
Japanese automaker Toyota, along with Sharp and New Energy and Industrial Technology Development Organization of Japan (NEDO) are testing a solar powered Prius that they say could revolutionize transportation.
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Ailing Auto Industry Shows no Signs of Recovery
Sorry period for the local automakers continue as the industry is experiencing a sharp decline in sales while automakers are suffering from reduced profits. Depreciating Rupee value against the US Dollar, increased taxes & duties by the government and constantly rising car prices have played their part in denting the car sales.
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Kia Seltos Nominated for 2020 World Car of the Year Award
Kia Seltos which made its world debut just months ago has been nominated for the 2020 World Car of the Year award. The final nominees for the coveted prize were announced at the ongoing 2019 Frankfurt Motor Show.
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Car Sales Dipped 41% in the Month of August
Car sales continues to suffer from enduring slowdown as it recorded a massive 41% decline in sales in August 2019. Only to 10,636 units were sold compared to 17,977 units sold in August last year.
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Honda Brio Posts Exceptional Fuel Economy Figures
Honda Philippines recently conducted a fuel-economy run in which its new Brio hatchback cleared the test with flying colors.
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Kia Picanto Price Revealed- Booking Open
Kia Lucky is all set to introduce Picanto hatchback in Pakistan. Official prices have been revealed
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EV Policy in Jeopardy Due to Tussle between Two Ministries
Ministry of Climate Change (MoCC) that was working on the electric vehicle (EV) policy to be presented in the upcoming cabinet meeting has decided to withdraw due to concerns from the Ministry of Industries and Production (MoIP)
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