Web Desk — Honda Atlas Cars Limited (HACL) has been the prime victim of the troubles the auto industry has been facing in recent months in Pakistan. According to an update from autojournal.pk, Honda Atlas couldn’t sell even a single unit of its flagship sedan last month, bringing down the total sales significantly. Under present circumstances, Honda has decided to …
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Evee Electric Scooter’s Booking In Pakistan — Price & Other Details
Web Desk — Evee C1 electric scooter will now be running on Pakistani roads as the company has announced its booking soon. According to the company, Evee will resume the bookings for C1 electric scooter from April 10. The company will start taking orders from across Pakistan for the e-scooter. C1 offers a decent value as compared with other bikes …
Read More »Import Restrictions: Honda Forced to Extend Car Plant Shutdown
Web Desk — Due to the continuous deterioration of the economy, there seems to be no end to the automotive industry’s troubles. Honda Atlas, in a recent unfortunate development, has decided to extend the production shutdown to 15 more days. According to the official notification, supply chain disruption due to the deterioration of the economy, as well as restrictions on …
Read More »Pakistan May face Possible Tea Shortage Ahead of Ramadan
Web Desk — Pakistani tea lovers may face a possible tea shortage before the arrival of Ramadan due to a significant decline in the import of tea leaves in recent months. Pakistan Tea Association’s report says that the import of tea leaves has decreased by 52% in just two months, with only 11,940 tons of leaves imported in February compared …
Read More »Car Sales Drop By 80% YoY In Feb 2023
Web Desk — Due to higher interest rates, the passenger car sales had a massive decline of around 80% YoY in February 2023, clocking in at 3,642 units compared to 18,054 units recorded in the same month last fiscal year. State Bank of Pakistan raised the interest rate to 20% to curb auto imports and cost-led price hikes, the latest …
Read More »Suzuki Sales Go Record Low In Pakistan Due to Production Issues
Web Desk — Pak Suzuki Motor Company’s (PSMC), sales have hit a record low due to insufficient inventory and import restrictions for the second time this year. According to the latest updates gathered from the auto market, Pak Suzuki sold fewer than 1,000 units in February. This is Suzuki’s worst performance since countrywide COVID-19 lockdowns in April 2020. The report …
Read More »Honda Bike Prices Increased In Pakistan 3rd Time This Year
Web Desk — The Honda bike prices in Pakistan have once again gone up due to the rampant depreciation of the rupee against the dollar. This time Atlas Honda has increased prices by as much as Rs. 25,000. Effective immediately, the new Honda bike prices are as follows: Bike sales and profits are drowning as a result of recent production …
Read More »Messi, Putellas Claim FIFA’s Best Player Prize 2022
Web Desk — Lionel Messi wins the ‘Best FIFA men’s player prize 2022’ following his World Cup victory. Argentina and Spain’s Alexia Putellas retained the women’s award at the same ceremony held in Paris. Kylian Mbappe and Karim Benzema were the strong contenders but Messi beat them and won the prize. National team coaches and captains, journalists, and also fans …
Read More »DHL Pakistan Suspends Some Ops Due To Remittance Issues
Web Desk — Global logistics company DHL on Monday announced to suspend some of its operations partially in Pakistan due to restrictions on outbound remittances by the government. DHL Pakistan has informed customers that it will suspend ‘Import Express Product’ and restrict outbound shipments to a maximum weight of 70kg per shipment for all customers billed in Pakistan from March …
Read More »Top Brands Are Showing at Milan Fashion Week
Web Desk — Fendi, Dolce & Gabbana, Gucci and Missoni are among Italy’s top labels showing at Milan Fashion Week, with the industry buoyed by bumper sales results despite war-fuelled economic uncertainty. Kim Kardashian, American megastar, is expected to bring some celebrity stardust at an event hosted by D&G to celebrate her Ciao Kim line, which had its debut in …
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