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On November 20, multiple sources reported that Regal Automobile Industries Limited (RAIL) launched its first electric vehicle (EV) named Seres 3 5-seater SUV for PKR 9,199 thousand.
It comes with a Permanent Magnet Synchronous Motor with a lithium battery capacity of 49.34 kWh and can produce a max power of 120 kW an
On November 17, MG Motor Pakistan launched the MG 4 electric in two variants i.e., Excite 51 and Essense 64 priced at PKR 10.9 million and PKR 12.9 million respectively. It comes with a three-phase permanent magnet synchronous motor with the Excite variant that has a 51 kWh (nominal) battery capacity, providing up to
On November 8, Pak Suzuki Motor announced that due to a shortage of inventory level, the management of the company has decided to shut down its automobile plant from November 9, 2023, to November 14, 2023. However, its motorcycle plant will remain operative.
Based on the Pak Suzuki Motor Stock Exchange notification
On November 7, Honda Atlas Cars (Pakistan) Limited announced that it has decided to further extend the shutdown of its plant from November 8, 2023, to November 09, 2023. The company plant has remained shut since the beginning of the month, as announced earlier.
Based on the Honda Atlas stock exchange notification
On November 1, Pak Suzuki Motor Pakistan announced that due to shortage of inventory levels, it has decided to shut-down automobile plant from November 6, 2023 to November 8, 2023. However, the motorcycle plant will remain operative.
Based on Pak Suzuki Motor stock exchange notification
On October 30, Honda Atlas Cars, Pakistan announced that it has decided to further extend the shutdown of the its manufacturing plant from November 1, 2023 to November 7, 2023. The companies have already halted manufacturing of it plant from October 24, 2023 to October 31 as notified earlier.
Based on Honda Atlas Car
On October 27, GuGo Motors, Pakistan unveiled the GiGi two-door EV at the Pakistan Auto Show (PAPS) 2023. The vehicle produces 30KW and 100Nm of power output and comes with a 16.8 kWh lithium iron phosphate battery with a 4-5 Hour charging time. The company claims a range of 220 km. The vehicle is expected to retail
On October 24, Pak Suzuki announced that due to shortage of inventory level, it has decided to shut down the automobile plant from October 30, 2023 till November 3, 2023 and the motorcycle plant from November 1, 2023 to November 3, 2023.
Based on Pak Suzuki stock exchange notification
On October 19, the Federal Minister for Commerce & Industries, Pakistan announced on its social media handles that BYD is considering investment opportunities in Pakistan. They have informed their official about the government policies and SIFC (Special Investment Facilitation Council). Further, have promised full ba
On October 19, Pak Suzuki announced that Suzuki Motor Corporation intends to obtain full ownership of Pak Suzuki by purchasing all outstanding shares and securities. Further, its board of directors have resolved to delist the company from PSX (Pakistan Stock exchange) as the operations of the company have resulted in
On October 18, Honda Atlas Cars Pakistan announced that it will shut down its manufacturing plant from October 24, 2023 to October 31, 2023. It mentioned that due to the current level of inventory and parts shortage, its supply chain has been severely disrupted and it is not in the position to continue production.
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On October 17, Pak Suzuki Motor, Pakistan announced that due to shortage of inventory level, the management of the company has decided to shut down automobile plant from October 25,2023 to October 27, 2023. However, the motorcycle plant will remain operative.
Based on Pak Suzuki Motor stock exchange notification
On October 16, Indus Motor company, the manufacturers of Toyota in Pakistan, announced that it will shut down its production plant from October 17, 2023 to November 17, 2023 based on the current level of inventory of manufactured vehicles and parts shortage due to supply chain challenges.
Based on Indus Motor company
On October 15, Foton JW Auto Park Private Limited launched the seven-seater Forland Safaari MPV into the Pakistan commercial vehicle market for a starting price of PKR 3.79 million and going till PKR 4.29 million. It comes in multiple options where ‘deluxe and comfort variants’ features a 1,480cc 6-speed in-line 4-cy
On October 12, Master Changan Motors (MCML) exported the first batch of 14 Oshan X7s to Kenya for onward sale to Kenya and Tanzania markets.
The Oshan X7 comes with a 1.5L turbo-charged engine that goes from 0-100 km/h in just 8.23 seconds. MCML is a joint venture with Changan International.
Based on Changan Pakistan
On October 3, Hyundai Nishat Pakistan launched the Santa Fe Hybrid Electric Vehicle (HEV) for a starting price of PKR 12.99 million and going till PKR 14.69 million. It comes with a Euro 5 compliant 1.6 T-GDi HEV In-Line 4-cylinder gasoline engine that produces max power of 132 kW at 5,500 rpm and max torque of 265 N
On September 27, Indus Motor Company, the manufacturers of Toyota in Pakistan announced that based on the current level of inventory of manufactured vehicles, the company has decided to close its production plant from September 28 to October 9, 2023 (both days inclusive). It would update in case of any change in the
On August 26, The Pakistan Association of Automotive Parts, and Accessories Manufacturers (PAAPAM) and the Iranian Auto Parts Manufacturers Association (IAPMA) announced plans to exchange technologies and barter parts and raw materials. A memorandum of understanding (MoU) was signed between the presidents of the Iran
On August 30, Proton Pakistan announced the recommencement of its plant operations after the production pause due to government policies and macroeconomic situations. It mentioned that they would now initiate to fulfill pending deliveries and other commitments. Additionally, Proton Pakistan has already restarted the
On August 24, Indus Motor Company (IMC), the assembler of Toyota cars in Pakistan announced that considering the low demand and inventory levels, the company has decided to close its production plant from August 25 to September 6, 2023 (inclusive of both days).
It mentioned that in FY 2022-23, due to the challenging