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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 ...
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 largest producer of automobiles. Its contribution to the national exchequer is nearly US$5.4 billion. Pakistan's auto market is among the fastest growing in Asia. 384,000 cars were sold in 2023. In the 1990s and early 2000s ...
The Pakistani Vitara features the same 6-speed automatic transmission with paddle shifters and the 1.6-litre petrol engine found in international market version, which produces 115 hp and 156 Nm of torque. [20] The Vitara was eventually discontinued in pakistan due to poor sales and the brand's association with cheap, commuter kei cars. [21]
Previously, Hyundai used to assemble cars in Pakistan until 2004, when their local partner Dewan Farooque Motors went bankrupt. [6] Hyundai Nishat Motor signed an investment agreement with the Ministry of Industries and Production under the Automotive Development Policy 2016-21. [7] [8] Hyundai Nishat Motor launched Elantra sedan in March 2021. [9]
Dewan Farooque Motors Company Limited was incorporated in December 1998 by Dewan Yousuf Farooqui to assemble Hyundai and Kia vehicles in Pakistan. [2] This followed an earlier introduction of Kia cars in 1994 by Naya Daur Motors, which reportedly collected around Rs 800 million in booking fees from approximately 16,000 customers but delivered only a limited number of vehicles before its collapse.
United Auto Industries (Pvt) Ltd. came into existence in 1999 by introducing economical 4-stroke motorcycles and Auto rickshaws with the brand name of UNITED. [citation needed] United Auto is now engaged in manufacturing of loaders, scooters, rickshaws and bikes in Pakistan. It has a joint venture with a Chinese automaker to produce these two ...
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The FBR conducted a thorough investigation and found NO evidence of under-invoicing. MG Motors had already denied any wrongdoing and stated that they were committed to following all relevant laws and regulations. [13] In the beginning of 2023, The retail price of MG Essence increased by 19% in Pakistan due to an increase in custom duties. [14]