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Toyota Indus's Corolla is the most assembled car in Pakistan. In 2017, 52,874 models were made. The automotive industry in Pakistan is one of fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th ...
EXIM Bank of Pakistan or Export Import Bank of Pakistan is a Development Finance Institution owned by the Government of Pakistan to stimulate the growth and diversification of the country's exports and assist in the implementation of import substitution plans. [3] [4] [5] [6]
PakWheels is a Pakistani online marketplace for car shoppers and sellers based in Lahore. [2] It aggregates thousands of new, used, and certified second-hand cars from thousands of dealers and private sellers. [3] The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance ...
The car was offered in variants such as GL and GLX, with an upgraded variant called Margalla Plus launched later on. Production was ceased in 1998 to give way to the replacement Suzuki Baleno. In the Pakistani used car market, "Suzuki Sedan" refers to the 1000 cc import model, whereas Suzuki Margalla means the locally assembled 1300 cc model.
Pakistan will focus on meeting its external financing needs by speaking with foreign governments and lenders to draw foreign investment as well as seeking loan rollovers, the country's finance ...
The car has a peak power of 80 kW or 108 hp and a battery capacity of 35 kWh covering 210 km. [24] Its first prototype was unveiled on 15 August 2022. [24] Pakistan, in collaboration with China, has introduced its first-ever electric car company, Topsun Motors, which inaugurated its showroom in Jail Road of Lahore on 3 January 2020. [25]
Such growth in demand for car financing was last seen during President Pervez Musharraf's regime (2001–2008) when banks, having ample liquidity, lent a significant amount for cars without checking borrowers' capabilities to repay the debt. Later on, the car financing bubble burst when a large number of people defaulted on paying off the car ...
Foreign-made vehicles imported into the U.S., whether new or used, for personal use or for sale, are subject to duty at 2.5% for cars, 25% for trucks and 2.4% (or free) for motorcycles, per U.S ...