Page 7 - Auto Development Policy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The top five selling cars in Pakistan Any guesses which car is at number 1? SAMAA | Bilal Hussain - Posted: Feb 4, 2021 | Last Updated: 2 months ago SAMAA | Bilal Hussain Posted: Feb 4, 2021 | Last Updated: 2 months ago Despite the Auto Development Policy 2016-21 coming to an end soon, the established Japanese carmakers had the biggest market share of the Pakistan auto industry in 2020. All the top five selling cars in Pakistan belonged to either Suzuki, Toyota or Honda, with one vague exception. Number 5 The No. 5 is the most ambiguous spot on the list as this can be claimed by...

Auto-Loans in Pakistan Increased by Rs. 41 Billion in December 2020 Following a decrease in the interest rates and the rejuvenation of business activities after the initial pandemic-induced lockdowns, auto loans reportedly increased by 19 percent, amounting to Rs. 41 billion in December 2020. As per the figures compiled by the Central Bank, the car loans of December 2019 had been recorded as Rs. 219 billion, and increased to Rs. 256 billion during the same time period in 2020. A media report suggests that the key driver of the increase had been the growing demand for 1300 cc passenger vehicl...

Engineering Development Board (EDP) and Ministry of Industries and Production have started working on the new Automotive Industry Development and Export

Pakistan’s auto policy to focus on production of ‘cheap’ cars 45% of cost goes to govt in form of duties, taxes SAMAA | Bilal Hussain - Posted: Jan 19, 2021 | Last Updated: 2 months ago SAMAA | Bilal Hussain Posted: Jan 19, 2021 | Last Updated: 2 months ago Listen to the story As the current Auto Development Policy (ADP 2016-21) is about to end in June this year, the government is preparing a new auto policy that will focus on facilitating the manufacturing of low-cost cars. According to multiple industry sources, roughly 45% of a car price that a buyer pays goes to...

Morris Garages (MG) has reopened the bookings for its HS crossover SUV. They had reportedly been closed during December 2020 owing to a statement by the