The sale and production of cars in the country witnessed an increase of 44.74 and 57.46 percent respectively during the first seven months of current fiscal year 2025-26 as compared to corresponding period of last year. During the July-January 2025-26, as many as 84,512 cars were sold against the sale of 58,385 units while the […]
Cars
Automobile sales rise 46% in first half of fiscal year
Automobile sales in Pakistan surged by 46 per cent during the first half of the current fiscal year (FY26), reaching 88,322 units compared to 60,675 units in the same period of FY25, despite a slowdown in December, industry data showed. Read More: Car sales increase by 43.11% during Jul-Nov 2025-26 December sales of cars, light commercial […]
Cars’ sale up 32.24% to 83,269 units during Jul-Apr 2025
The sale of cars during the first ten months of the current fiscal year 2024-25 increased by 32.24 percent compared to the same months of last year, Pakistan automobile Manufacturing Association (PAMA) said on Tuesday. According to the data, as many as 83,269 cars were sold during the months under review as opposed to 62,964 […]
Luxembourg’s love for cars unaffected by free transport
Three years after Luxembourg declared all public transport free in a bid to clear its roads of jams and cut pollution, the car is still king of the congested Grand Duchy. Traffic permitting, it is barely an hour’s drive from Weiswampach in the far north of Luxembourg near the German and Belgian borders to Dudelange […]
China’s Evergrande delivers first electric vehicles
BEIJING: China Evergrande New Energy Vehicle Group Ltd has started deliveries of its Hengchi 5 electric vehicle, with the first 100 customers getting their cars on Saturday, it said on its official Wechat account. The company, a unit of heavily indebted property developer China Evergrande Group, launched production of the vehicle at a plant in […]
What are the new duties imposed on cars?
ISLAMABAD: What are the new duties imposed on cars? In line with Finance Minister Miftah Ismail’s announcement to discourage imports, the Federal Board of Revenue (FBR) has notified the imposition of time-bound regulatory duty (RD) and additional customs duty (ACD) on almost 600 to 700 luxury items in the range of 100%-150%. Miftah, in a […]
Father and son who flaunted their flash cars, jailed for 13 years
A father and son who drove around in flashy cars and holidayed in Dubai while keeping 19 slaves at a time in a four-bedroom home and paying them £5 a week have been jailed for a total of 13 years. Petr Makula, 48, and his son Mario, 26, brought in homeless and alcoholic men from […]
Govt has no intention to remove FED for cars 1700cc and above
There is fake news in the market about the removal of the 10% federal excise duty (FED) on all cars above 1700cc. Our sources confirmed that there is no such intention by the Government or the FBR on the removal of 10% FED. Local cars that have an engine displacement of 1700cc and above will […]
Americans still don’t trust self-driving cars, poll finds
Half of US adults think automated vehicles are more dangerous than traditional vehicles operated by people, while nearly two-thirds said they would not buy a fully autonomous vehicle, according to a new Reuters/Ipsos opinion poll. In the same poll, about 63 percent of those who responded said they would not pay more to have a […]