Automobile

Millat tractors prices increased in the Feb 2023

Pakistan auto industry is in great trouble right now. As of now, our readers may have idea about the factors which are increasing the costs of auto makers of Pakistan. To summarize, these are mainly the cost increase as a direct result of local currency deterioration and the curbs on imports by govt institutions. These curbs could be direct or indirect, due to govt policies. Which makes it difficult for auto makers to import enough supplies, to keep continuously producing the vehicles, hence increasing the costs as result of production plant’s down hours. Along with the makers of Cars and Bikes, now the makers of tractors are also forced to increase their prices to keep their companies profitable. Millat tractors […]

Miscellaneous

Body of Pervez Musharraf to be brought back to Pakistan via special flight

On Sunday, Feb 5, 2023, General Pervez Musharraf (retd) passed away in Dubai. He was 79 years old and was fighting a rare disease called amyloidosis. Pakistan consulate in dubai and embassy in Abu Dhabi have confirmed the death of Pervez Musharraf. The body of Pervez Musharraf will be brought back to Pakistan on Monday, Jan 06, 2023 via a special flight arranged for dubai from Pakistan. Pervez Musharraf will be buried in Pakistan. The Consulate General of Pakistan in Dubai have already issued the No Objection Certificate (NOC) for sending the Musharraf’s body to Pakistan. The current prime minister of Pakistan, Shahbaz Sharif have expressed his condolences over the death of Musharraf in a tweet on social media site […]

Automobile

Honda cars prices increased again now in the Feb 2023

Just recently in the Jan 2023 Honda Pakistan had increased its cars’ prices, however, in Feb 2023 Honda is again forced to increase their car prices due to the difficulties which the whole auto industry of Pakistan is facing. These difficulties include the increase of cost of making vehicles due to the local currency devaluation against international currencies like US Dollar. Difficulties like hurdles in opening Letter of Credits (LCs) for the import of car kits. Anyways, Honda has once again announced a price hike in the prices of its cars. Details of new and old prices are as follows. Car Make Model New Price Old Price Increase Honda Civic Standard (Automatic, Petrol) 7,299,000 6,849,000 450,000 Honda Civic Oriel (Automatic, […]

Automobile

Haval Pakistan increased its vehicle prices in the Feb 2023

Currently Pakistan’s economy is not doing very well. The currency value is depreciating fast. There are restrictions on all kinds of imports including completely knocked down (CKD) vehicles. Some direct and some due to restrictions and difficulting in opening of the Letters of credits (LCs) for imports. These all factors have increased the costs of all the auto manufacturers of Pakistan. Which have resulted in almost all companies increasing their vehicle prices. In a similar move Haval Pakistan have recently increased its vehicle prices in Pakistan. Details of these increases are as follows. Haval H6 Prices Increased Vehicle Current Price Old Price Difference Haval H6 1.5 8,449,000 7,425,000 1,024,000 Haval H6 2.0 9,649,000 8,499,000 1,150,000 Haval H6 HEV 10,995,000 9,749,000 […]

Automobile

Peugeot Pakistan cars prices increased in the Feb 2023

Recently most of the auto manufacturers of Pakistan are increasing their cars and the bike prices in Pakistan due to the increased cost. The ever deteriorating Pakistani currency value, low foreign exchange reserves of the country and the resulting import restrictions, low sales due to inflation, non continuity of the govt policies are the main reason for this cost increase for the vehicle manufacturers. Anyways the price increase of Peugeot vehicles is as follows. Peugeot 2008 increase in the price Vehicle New Price Old Price Difference Peugeot 2008 Active 5,899,000 5,400,000 499,000 Peugeot 2008 Allure 6,599,000 6,100,000 499,000 Peugeot sells only one car in Pakistan which is Peugeot 2008 and actually its two variants are available which are Active and […]