KARACHI: The Federal Board of Revenue (FBR) has made it mandatory for the car assemblers/manufacturers to pay an amount as an interest to the buyers on late delivery of motor vehicles, a notification issued on Thursday revealed. “The importer-cum-assembler or Original Equipment Manufacturer (OEM) shall pay Kibor + three per cent per annum to the … Read more
Despite the fact that we only recently discovered about Ford’s Maverick truck, the company’s CEO is speaking to the media about the company’s other new electrified truck. The Ford Lightning F-150 pre-order count has apparently already hit 100,000, just three weeks after the electric truck was officially presented for commercial and retail customers. In comparison, … Read more
Several car companies have established their footing in Pakistan due to the introduction of the Automotive Development Policy (ADP) 2016-21 which was designed to end the oligopoly of the big three automobile companies in the country. One of the results might be the Hyundai Santa Fe SUV. The new players in the market have now … Read more
