Jetour Pakistan has officially raised the prices of its popular SUV models following the implementation of the New Energy Vehicles (NEV) Levy, which came into effect from July 1, 2025.
(more…)Author: Faisal Shahnawaz
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Haval Pakistan Keeps Prices Unchanged Despite New NEV Levy
Haval Pakistan has officially announced that it will not increase vehicle prices despite the implementation of the New Energy Vehicles (NEV) Levy effective from July 1, 2025.
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KIBOR – Karachi Interbank Offered Rates on July 4, 2025
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Friday, July 4, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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Rupee slips to 283.97 against dollar in interbank
Karachi, July 4, 2025 – The Pakistani rupee witnessed a slight depreciation on Friday, losing 11 paisas against the US dollar to close at PKR 283.97 in the interbank foreign exchange market.
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SBP releases foreign currency rates for July 4, 2025
On July 4, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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NEV Adoption Levy Act, 2025: What You Need to Know!
Karachi, July 4, 2025 – Say goodbye to business as usual in the auto industry! The federal government has officially rolled out the New Energy Vehicles (NEV) Adoption Levy Act, 2025, effective from July 1, and it’s a game-changer for anyone involved in the world of cars, motorcycles, buses, and trucks.
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MG HS PHEV Gets Special Offer Ahead of August Price Hike
MG Pakistan has announced a price revision for its popular plug-in hybrid SUV, the MG HS PHEV, with the increase set to take effect from August 1, 2025.
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0% Markup Installment Offer for Deepal EVs in Pakistan
Changan Pakistan has launched an exclusive 0% markup installment offer to simplify ownership of its Deepal S07 SUV and L07 Sedan.
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MG HS Trophy Price Increased: Bookings Open from July 2025
MG Pakistan has officially revised the price of its popular MG HS Trophy SUV, effective from July 1, 2025. As part of this update, the company has also started accepting new bookings at the updated price point.
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KIA Picanto Sees Major Price Hike in Pakistan: Latest Update
KIA Lucky Motors has revised the retail prices of its vehicles in Pakistan, effective from July 1, 2025. This adjustment follows a series of economic challenges including the implementation of the NEV Levy in the Federal Budget, continued currency depreciation, and rising global freight charges—all contributing factors to the latest price hike.
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