Category: Automotive

PkRevenue provides stories related to automotive industry. We focus on auto policy of Pakistan. The coverage also includes sales of domestic manufacturing.

  • Nissan launches all new redesigned Serena

    Nissan launches all new redesigned Serena

    YOKOHAMA: Nissan launched all new redesigned model of Serena in Japan. The car features second-generation e-POWER system which is equipped with1.4 L engine. The system delivers more powerful and smooth acceleration with less engine noise.

    The sales of Serena will be started from December, and e-POWER variant will be started from next year.

    The price of car starts with 2,768,700 yen . The price of e-POWER model starts with 3,198,800 yen. The first model of Serena was launched in 1991 featuring the concept from the beginning being “Big, Easy, Fun”.

    The Serena is equipped with spacious seating, convenient utilities and the latest in cutting-edge technologies.

    The proPILOT 2.0 advanced comes on highest e-POWER grade namely “Luxion”. It is a system that enables hands-off driving in a single lane on a highway at speeds of 40 km/h or above.

    The Luxion is equipped with ProPILOT Park with memory, which records and recognizes parking space lines, marking the first time this technology has been adopted on a Nissan vehicle. The Luxion also has ProPILOT remote park.

    Steering assist with forward collision avoidance supports steering when avoiding obstacles in front of the vehicle. This technology is also first in the Nissan productions.

    The Serena is equipped with world’s first energy management technology that controls power supply when engine turns on and off in accordance with vehicle speed, traffic conditions and the navigation system. The reduced engine operation contributes to a quieter cabin.

    Various design and packaging approaches have been taken with aim of reducing motion-sickness. These include, wide, open view from inside of vehicle and an optimal display monitor positioning. The vehicle is equipped with new seat design that dampens occupant movement.

    The car features highly rigid steering wheel which enhances handling stability. The vehicle is crafted in such structure that deflects crosswinds and reduces shakiness at high speeds.

    The second-generation e-POWER system and tighter suspension enable smoother vehicle body movement. Close attention has been given to interior:

    Moreover, the car also features interior updates such as the windshield in the car which is the widest in the minivan category in the market. Serena features a switch-type shift for smart looks and ease-of-use.

    The seat material is water-repellent, a family friendly feature. The most spacious cabin in the minivan category enables all on board to stretch out and relax. The car has 120 mm of additional driver legroom compared to previous model of Serena.

    The car is equipped with multi-purpose center seat in the second row allows the vehicle to carry seven or eight passengers.

    The dual rear door allows easy loading and unloading, even in small parking spaces. The small back door at the top can be used when needed. The side passenger door comes with the hands-free, auto-open function.

    Air conditioning can be controlled by a simple, intuitive and innovatively designed touch panel, with independent controls for driver’s seat, passenger seat and rear seats.

    An optional 100V AC power source (1500 W) is available for e-POWER models, which can be used to operate electric appliances when outdoor or as a power source, especially helpful in emergencies.

  • Customs duty for motor vehicle kits of new models reduced to 15pc

    Customs duty for motor vehicle kits of new models reduced to 15pc

    The Federal Board of Revenue (FBR) has announced a reduction in customs duty to 15% for components used in the assembly or manufacture of cars in any kit form.

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  • Lahore Customs Intelligence announces auction of motor vehicles on Dec 03

    Lahore Customs Intelligence announces auction of motor vehicles on Dec 03

    Directorate of Intelligence and Investigation (Customs) Lahore has announced auction of motor vehicles to be held on December 03, 2022.

    The auction will be held at State Warehouse, Directorate of Intelligence and Investigation (Customs), 358 Jahanzeb Block, Allama Iqbal Town, Lahore.

    The directorate announced auction of following motor vehicles:

    READ MORE: Tax commission constituted to make pro-economic growth policies

    01. Mercedes Benz Car, Model 2006, and Chassis No. WDB2110652A125731, Color-White, AWV-001.

    02. Nissan Ceferio Car, Registration Plate No.LEE-07-1, Chassis No.GF50-054361, Model 2003, Color Black.

    03. Honda Accord Car, Registration No.LRX-8411, Chassis No.CF3-1200586, Model 2000, Color Silver.

    04. Toyota Mark-X Car, Model 2005 Chassis No.GRX120-0036739, Color-White, FW151/Islamabad.

    05. Honda Civic Car, Model 2006, and Chassis No. FD3-1004939 Engine No. -Could not be traced, Color-Silver.

    06. Toyota Prius car, Model 2010 Registration No. MN-12-4040 Chassis No. ZVW30-1153342 Engine Capacity 1800cc. N/V Color, White.

    READ MORE: FBR notifies circular to allow third extension in date of return filing

    07. Kawasaki Heavy Bike Ch. No. JKAZXT20AAA027919 Model Year 2010, 1200 R.

    08. BMW Heavy Bike Ch. No. WB1021608AZPZ4634 Model Year 2010, 800 S.

    09. Honda Heavy Bike JH2SC6A7YM400905 Model Year 2000 1100 ST.

    10. Toyota Corolla Car, 1992 Reg. No. IDF-5967, Chassis No. CE100-3017915, 1839 cc. (Subject to Lab Report).

    i) Honda Civic Car, 2003 Applied For Chassis No. ES1-1400549 (Subject to Lab Report)

    ii) Honda Civic Car, 2003 REG. No. LED-12-3138, Chassis No. ESI-1401502 (Subject to Lab Report)

    11. Daihatsu Mira Car, Model 2012, Chassis No. LA300S-1090029, Color-Maroon, Fake Registration No. ABW-821/Islamabad.

    12. Daihatsu Mira Car, Model 2012, Chassis No. LA300S-0008381, Color- Silver, Fake Registration No. BGW-399.

    READ MORE: FBR collects Rs2.69 trillion in 5MFY23 despite tax free petroleum products

    13. Toyota Passo Car, Model 2010, Chassis No. KGC30-0011620, Color- Wine Red, Fake Registration No. WY-443/ISB

    14. Hino Dump Truck (10 Wheeler), Model 1995, Chassis No. FS2KKB-10504, Regn. No. TKB-017/Sibi.

    15. Range Rover Model-2013, Color-Black Chassis No. SALVA2AG3DH716417.

    16. Mercedes Benz Car, Model-2013, Chassis No. WDD2220572A089193, Color-Pearl White.

    17. Toyota Land Cruiser Prado, Model 2003 Chassis No. VZJ121-0004619, Color- Pearl White, LV-068/Islamabad

    18. Honda Civic 2007, Chassis No. JHMFD16308S216139, Color- Blue, ARU-969/Islamabad.

    READ MORE: Tax return filing date extended up to Dec 15, 2022

    19. Toyota Hilux Surf, Model-2005, Chassis No. VZN215-0006330, Color- Black, LEH-13-2373.

    20. Toyota Passo Car, Model 2006 (AZD-928/Sindh), Chassis No: KGC10-0124072, Engine No. N/V, Color-White.

    21. Toyota Aqua Car, Model 2012, Chassis No. NHP10-6086977, Color: White BFP-930/Sindh.

    22. Toyota Mark X Car, Model-2010 as per seat belt Chassis No. GRX130-6037989 Color: White Registration Plate No. AKE-250/ICT.

  • Hyundai signed MOU with EV battery manufacturer

    Hyundai signed MOU with EV battery manufacturer

    Hyundai Motor Group today signed MOU (memorandum of understanding) with SK On Co., Ltd, a leading EV battery manufacturer. They had signed to secure a supply of EV batteries in North America.

    The signing of the MOU took place at SK Group Headquarters in Korea, participated by Heung-soo Kim, Executive Vice President and Head of Corporate Future Growth Planning Division & EV Division of Hyundai Motor Group and Young-chan Choi, Chief Administrative Officer of SK On.

    Under the MOU, both parties will cooperate to provide SK On batteries to the Group’s plants in the U.S. after 2025 for the EV production.

    READ MORE: Hyundai launch N Vision 74 Concept car

    “Through the EV battery MOU, we will be able to further accelerate our efforts to secure EV leadership in the North American market,” said Executive Vice President Kim. “We expect the stable supply of EV batteries from SK On will also enable us to contribute to emissions reduction and meet climate goals in the market.”

    “We expect the cooperation between SK On and Hyundai Motor Group to create a big synergy,” SK On Chief Administrative Officer Choi Young-chan said. “Both sides can hold a solid position in the process of electrification in the North American auto market.”

    Hyundai Motor Group is accelerating electrification efforts with the global target to sell 3.23 million full electric vehicles annually by 2030. To realize this goal, the Group plans to establish a global EV production network that will ensure a stable supply of EVs around the globe.

  • Sukkur Customs to auction Toyota, Suzuki cars on November 25, 2022

    Sukkur Customs to auction Toyota, Suzuki cars on November 25, 2022

    KARACHI: The Customs Collectorate, Sukkur has announced auction of Toyota and Suzuki cars to be held on November 25, 2022 at state warehouse of the Collectorate.

    The Collectorate will present following cars for the auction:

    READ MORE: Pakistan car imports surge by 108pc as restriction eases

    01. Suzuki Kie Car, bearing Registration No. Without Number, Chassis No.HZ22S-675401, Engine No.K6A, Model 2006.

    02. Toyota Aqua Car, bearing Registration No.BJU-862, Chassis No.NHP10-6298404, Model 2014 and Engine Capacity 1490 CC.

    03. Toyota TZ Prado Jeep, bearing RegistrationNO. BD-8408 (Sindh), Chassis No. JTEBU25J005029572, Model 2005 (as per Japanese website) and Engine Capacity 4000 CC.

    READ MORE: Hyderabad Customs auctions NDP vehicles on November 24, 2022

    04. Toyota Prius Car, bearing Registration No.BGH-417, Chassis No.ZVW30-1358220, Engine No.2ZR-1230757, Model 2011 and Engine Capacity 1797 CC.

    05. Toyota Corolla Fielder Car, Bearing Reg. No.AWV-301, Chassis No. NZE121-3384931, Engine No. 1NZ-CO15985, Model-2006 Engine Capacity 1500 CC.

    READ MORE: Hyundai launch N Vision 74 Concept car

    06. Toyota Axio Saloon Car, bearing Registration No.AXJ-090, Chassis No .NZE141-6015839, Engine No. 1NZ-C484965, Model 2009 and Engine Capacity 1490 CC. (As per Running Page).

    07. Toyota Prado Jeep, bearing Registration No.BD-9322, Chassis No.PZJ77-0003273, Engine No.0990115, Model 1995 and Engine Capacity 3469 CC.

    08. Toyota Corolla Fielder Car, Bearing Reg. No.BPU-210, Chassis No. ZZE122-0010909, Engine No. IZZ-FE, Model 2000 and Engine Capacity 1800 CC.

    09. Suzuki Swift Car, Bearing Reg. No. LED-1475 (Punjab), Chassis No. ZC11S-107422, Model-2004, (as per Japanese website) and Engine Capacity 1298 CC.  

    READ MORE: Toyota reveal bZ Compact SUV Concept model

    10. Toyota Prius Car, Bearing Reg. No.BHY-179, Chassis No. ZVW30-1121053, Engine No .2ZR-3JM5860700, Model-2014 Engine Capacity 1800 CC.

    11. Suzuki Swift Car, bearing Registration No. QBA-1675, Chassis No .ZC11S-119082, Model 2004 and Engine capacity 1300 CC.

    12. Toyota Premio Car, bearing Registration No.BEZ-654 (Sindh), Chassis No. AZT240-0021231, Model 2005-06 (as per Japanese website) and Engine Capacity 2000 CC.

    13. Suzuki Swift Car, bearing Registration No.AZK-119, Chassis No .ZC11S-157917, Engine No. M13A, Model 2009 and Engine Capacity 1248 CC.

  • Pakistan car imports surge by 108pc as restriction eases

    Pakistan car imports surge by 108pc as restriction eases

    Car imports into Pakistan have surged by 108 per cent Month on Month (MoM) in October 2022 owing to ease in restrictions by the government.

    The import of motor cars in Completely Built Unit (CBU) into Pakistan increased to $2.70 million in October 2022 as compared with $1.3 million in previous month i.e. September 2022, according to Pakistan Bureau of Statistics (PBS).

    READ MORE: Hyderabad Customs auctions NDP vehicles on November 24, 2022

    The increase in import of CBU cars may be attributed to relaxation in import condition by the government. A complete ban was imposed in May 2022 on import of luxury and non-essential items. However, this ban was relaxed on August 20, 2022.

    However, there are still some restrictions on the import which resulted in 90 per cent to $27.83 million in October 2021 when compared with the latest number of October 2022.

    READ MORE: Hyundai launch N Vision 74 Concept car

    Cumulatively, the import of CBU cars plunged by 81 per cent to $23.72 million in first four months (July – October) of current fiscal year 2022-2023 as compared with $123.53 million in the corresponding period of the last fiscal year.

    Total import of CBU vehicles recorded a decline of over 58 per cent to $89.66 million in first four months of the current fiscal year as compared with $216 million in the corresponding months of the last fiscal year.

    READ MORE: Toyota reveal bZ Compact SUV Concept model

    The import of motor cars in Completely Knocked Down (CKD) recorded an increase of 12.47 per cent to $103.47 million in October 2022 when compared with $92 million in September 2022. It decreased by 8 per cent when compared with $112.32 million in October 2021.

    Cumulatively, the import of CKD cars recorded a decline of 31.55 per cent to $355.74 million during first four months of the current fiscal year when compared with $520 million in the corresponding months of the last fiscal year.

    Overall import of CKD vehicles fell by 33.51 per cent to $507 million during the period under review when compared with $762 million in the same period of the last year.

  • Hyderabad Customs auctions NDP vehicles on November 24, 2022

    Hyderabad Customs auctions NDP vehicles on November 24, 2022

    Karachi: The Collectorate of Customs in Hyderabad has revealed plans to conduct an auction of non-duty paid (NDP) vehicles on November 24, 2022.

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  • Hyundai launch N Vision 74 Concept car

    Hyundai launch N Vision 74 Concept car

    Hyundai Motors launched the N Vision 74 hydrogen fuel cell hybrid concept car in the Automobility LA show.

    The car represents seven years of technological development and the N brand commitment to deliver an optimistic future for car enthusiasts, regardless of propulsion type.

    The company developed a unique hydrogen hybrid architecture, with the hybrid structure of a battery-electric in combination with an FCEV system, placed in an all-new layout unique to the N Vision 74.

    The fuel cell stack, with an output of 85 kW (Max 95 kW), is mounted in the front, and a 62.4kWh T-type battery is mounted in the bottom to lower overall height and center of gravity. The battery retains an 800V high-speed charging architecture.

    Independent, rear-mounted motors, one per wheel, generate a total power output of 500kW. This allows engineers to precision tune power distribution between left and right wheels.

    N Vision 74 features dual-charging capability, and the rear-mounted 9.3 lb. capacity hydrogen fuel tanks can be refueled within five minutes. The 85kW fuel cell converts hydrogen to electricity to charge the 62kWh battery.

    The battery also shares the 800V battery technology from Hyundai’s e-GMP platform with fast-charge capability.

    The key development objectives of the N Vision 74 is to deliver the highest driving emotion for the driver, even under severe track conditions. The N Vision 74 unique hydrogen hybrid architecture presents unique challenges for heat management.

    There are three independent cooling channels for battery, fuel cell, and motor enable optimized energy efficiency and resistance to performance degradation.

  • Toyota reveal bZ Compact SUV Concept model

    Toyota reveal bZ Compact SUV Concept model

    Toyota Motors revealed the bZ Compact SUV Concept model in the 2022 Los Angeles Auto Show. The SUV is a full battery-electric vehicle which produce zero emissions. The vehicle utilizes eco-conscious interior materials and brings the dynamic performance.

    The feature of the in-car personal agent named, ”Yui” connects the driver and passengers with the vehicle. Through the use of audio and visual lighting cues moving around the cabin, it responds to requests or commands from front or rear passengers.

    The aerodynamic form of the concept enhances its futuristic look by pushing the wheels to the corners to achieve an aggressive stance – making it appear as if it’s moving even when standing still.

    The short overhangs and sweepback angles make it stand out as an advanced technology vehicle; a narrowed-down cabin design gives it an agile appearance for a low coefficient of drag.

    The edgy styling extends to the interior with premium finishes resulting in a distinctive look. Notably, the design team included several eco-friendly touches, like seating made from plant-based and recycled materials to follow the Beyond Zero theme.

    The Beyond Zero message encourages diligently adapting how we live our lives in the present to ensure a better future for all. Toyota envisions a future in which carbon neutrality is achieved through the practical marketization of a portfolio of products with advanced, alternative-fuel and zero-emission powertrain technologies.

    Globally, Toyota plans to expand to around 30 dedicated BEVs, including five carrying the bZ (Beyond Zero) brand moniker. This diverse portfolio of electrified products will help propel Toyota toward its goal of carbon neutrality by 2050.

  • Pakistan’s first hybrid electric vehicle launches on Nov 17, 2022

    Pakistan’s first hybrid electric vehicle launches on Nov 17, 2022

    Pakistan’s first hybrid electric vehicle is scheduled to be launched on November 17, 2022, according to a statement issued on Wednesday.

    Sazgar Engineering Works Limited in an announcement to Pakistan Stock Exchange (PSX) stated that the company had successfully assembled/manufactured locally the first hybrid electric vehicle (HEV) of Pakistan and is being launched under the brand ‘HAVAL’ as on November 17, 2022.

    HAVAl is a global SUV specialist; one of the four automotive brands within the GMW Group. With over five million sales worldwide, HAVAL is the third largest global SUV brand that delivers vehicles of the highest quality, engineering with world class components, including German-engineered stability control technology.

    In the pursuit of perfection, the company continuously improve vehicles’ safety, reliability, versatility, styling and technology. At HAVAL, the company puts success down to a combination of passion, commitment and always listening to the customers. Through innovation and dedication, the company aims to manufacture world-class SUVs that deliver undisputed value.

    Haval has been the highest selling SUV brand in the world’s largest economy for over 12 years straight and the No 1 pick-up manufacturer for over 25 years.

    The company is committed to establish HAVAL as the world’s leading specialist SUV brand. While other manufacturers are spreading their focus across a wide range of vehicles and platforms, HAVAL is specializing in what is the fastest growing automotive sector in the world.