Auto Archives | Pak News Bulletin

TPL Insurance Limited and Regal Automobiles Forge Strategic Partnership for Innovative Solutions in Auto Sector

Paknewsbulletin2 weeks ago2 weeks ago03 mins

TPL Insurance, a leading provider of innovative insurance solutions, is proud to announce a strategic partnership with Regal Automobiles Industries Ltd. (RAIL), a renowned name in the automotive industry. The memorandum of understanding (MoU) signing ceremony solidifies the alliance between the two entities, paving the way for groundbreaking offerings in the automotive and insurance sectors….

Indus Motor CSR Initiatives Lauded by NFEH

Paknewsbulletin2 months ago2 months ago04 mins

Indus Motor Company (IMC) is honored to have received the esteemed Corporate Social Responsibility (CSR) Award from The National Forum for Health and Environment (NFEH). The recognition was bestowed upon IMC in the category of “CSR Initiatives”, acknowledging its unwavering commitment and outstanding contributions to the United Nations’ Global Goals. A competitive field of 86…

18% Sales Tax: FBR Rejects Proposal for Locally Manufactured Cars

Paknewsbulletin2 months ago04 mins

In a recent development, the Federal Board of Revenue (FBR) has dismissed a proposal to impose an 18% sales tax on locally manufactured cars. This decision reflects a strategic stance by the tax authority against introducing a higher tax burden on the domestic automotive industry. Key Points: Taxation Policy: The rejection of an 18% sales…

Toyota IMC to Inject Rs 3 Billion into Local Auto Parts Production

Paknewsbulletin3 months ago03 mins

In a strategic move, Toyota Indus Motor Company (IMC) is set to make a substantial investment of Rs 3 billion in the local production of auto parts. This development underscores the company’s commitment to fostering domestic manufacturing capabilities and aligning with the broader objectives of promoting self-sufficiency in the automotive sector. Toyota-IMC’s decision to invest…

Pakistan Karting Team OMNI RACING all set to participate in Round 1 of the Dubai Endurance Championship 2024

Paknewsbulletin3 months ago03 mins

Pakistani motorsports takes a leap forward as the Omni Racing team, comprised of the top 4 racing drivers of the country, Syed Ovais Naqvi (c), Shahzeb Qureshi, Omer Khuhro, and Sanaan Jamali, prepares to compete in the first round of the Dubai Endurance Championship 2024 on Feb 24. “Motorsports in Pakistan has long lacked a…

SHC Dismissed Petition: Tractor Maker’s Tax Refund Claims Rejected

Paknewsbulletin3 months ago03 mins

In a significant legal development, the Sindh High Court (SHC) has dismissed a petition filed by a prominent tractor manufacturer regarding tax refund claims. The court’s decisive ruling implies that the claims made by the tractor maker will not receive further consideration. The dismissed petition by SHC sought relief for what the tractor manufacturer argued…

Corolla Cross Outsold Every Other Toyota Car Last Month

Paknewsbulletin3 months ago03 mins

In a remarkable achievement, the Toyota Corolla Cross has emerged as the top-selling Toyota model, surpassing all other cars in the brand’s lineup for the past month. This accomplishment not only highlights the popularity of the Corolla Cross but also reflects the changing preferences of consumers in the automotive market. The Corolla Cross’s exceptional sales…

Yamaha Launches Zero-Interest Installment Offer

Paknewsbulletin4 months ago04 mins

In a bid to enhance affordability and accessibility for motorcycle enthusiasts, Yamaha takes a customer-centric approach with the introduction of a zero-interest installment offer. This strategic move by Yamaha aims to make owning a Yamaha motorcycle even more accessible to a broader segment of consumers, providing them with an attractive financing option. Yamaha’s zero-interest installment…

Chery Pakistan Unveils Lineup of Cars Set to Launch in 2024

Paknewsbulletin4 months ago04 mins

In a promising development for automotive enthusiasts, Chery Pakistan is gearing up to introduce an exciting lineup of cars in the year 2024. This strategic move not only expands Chery’s footprint in the Pakistani market but also presents consumers with a diverse range of options, catering to various preferences and automotive needs. Chery, known for…

MG5 Electric Car Makes Its Debut for Market Research in Pakistan

Paknewsbulletin4 months ago04 mins

In a strategic move, MG Motors introduces the MG5 Electric Car to the Pakistani market, not for commercial sales but as part of a market research initiative. This launch marks a significant step towards gauging the reception and understanding the potential demand for electric vehicles (EVs) in the Pakistani automotive landscape. MG Motors, known for…