Karachi, May 2, 2024 – In an unexpected turn of events, Pakistan Suzuki Motor Company Limited (PSMCL) has announced substantial price reductions for its Swift car models, effective from May 1, 2024.
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PkRevenue provides stories related to automotive industry. We focus on auto policy of Pakistan. The coverage also includes sales of domestic manufacturing.
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BMW Displays i4, Concept, Plans 20 Models for China
At the recent Beijing auto show, BMW Group showcased its latest offerings, including the revamped BMW i4 and an exciting concept car, alongside revealing plans for over 20 new models tailored for the Chinese market.
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Peugeot Pakistan Slashes Prices on Peugeot 2008 Models
Peugeot Pakistan has just announced significant price reductions on its exclusive model available in Pakistan, the Peugeot 2008. The revised prices are effective from April 29, 2024.
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KIA Stonic Gets Massive Price Cut, Peugeot 2008 Follows Suit
KIA Pakistan has just made dreams come true for car enthusiasts across Pakistan by slashing the prices of their Ex+ variant of KIA Stonic by a staggering PKR 1,513,000.
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Indus Motor Reports 61% Profit Surge in Nine Months
Karachi, April 29, 2024 – Indus Motor Company (IMC), one of the leading automakers in Pakistan, has announced a remarkable 61% increase in its profits after tax for the nine-month period ending March 31, 2024, reaching Rs 9.41 billion, up from Rs 5.84 billion in the same period last year.
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BMW Expands Chinese Operations with $2.8 Billion Investment
BMW AG has announced a significant expansion of its investment in China with an infusion of 20 billion yuan (approximately $2.81 billion) into its Shenyang production base.
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About 207,000 Vehicles in South Korea Recalled Due to Defects
In a major move affecting the automotive industry, four leading car manufacturers, including both domestic and international brands, announced recalls totaling approximately 207,000 vehicles due to various manufacturing defects.
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Tesla Reports Decline in Revenue and Profit in Q1 2024
Tesla Inc., the leading US electric vehicle manufacturer, announced a significant decline in its financial performance for the first quarter of 2024. The company reported a 9 percent drop in total revenue, which fell to $21.3 billion compared to the same period last year.
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Price, Features of Toyota Corolla 1.6 Variants in April 2024
Check out the most recent pricing for the Toyota Corolla 1.6 models in Pakistan, as of April 22, 2024. Renowned for its reliability, fuel efficiency, and practicality, the Toyota Corolla 1.6 remains a beloved choice in the compact car category within the Pakistani market.
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Car Imports in Pakistan Skyrocket by 274% in 9MFY23
Pakistan has seen an unprecedented surge in car imports, with a 274 percent increase during the first nine months of the fiscal year 2023-24.
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