Pakistan automobile News
CarSpiritPK aims to bring all information about the automobile market in Pakistan, including news updates, reviews, comparisons, maintenance, car histories, and forecasting. With a primary focus on cars that are available in Pakistan or that we believe should be available in Pakistan. CarSpiritPK was created for auto enthusiasts and strives to provide its readers with the most interesting automotiverelated content on the internet. CarSpiritPK is an online information service, the presence of which via the domain name Carspiritpk has taken, and will continue to take care in the development, preparation and maintenance of the content for this blog.<a/> CarSpiritPK will use its reasonable endeavors to ensure only accurate information is posted on its website. However, CarSpiritPK does not guarantee or warrant the accuracy or reliability of any information, content or materials published on this blog. CarSpiritPK shall not be liable for any losses as a result of reliance on the information provided. The content of this blog may be changed at any time without notice. While CarSpiritPK uses reasonable efforts to obtain information from sources which it believes to be reliable, it makes no representation that the information or opinions contained on the website, or associated links to the website, are accurate, reliable or complete. CarSpiritPK will accept no responsibility or liability for any material or services contained on any website not under the control of CarSpiritPK. CarSpiritPK does not warrant that the functions contained in the site will be uninterrupted or error-free, that defects will be corrected, that the site or any server that makes it available is free from viruses or other harmful components, or that successful or accurate results or outcomes will result from your use of this site. All the details of the cars that have been published on our websites has customer reviews. We make an official page of Car Reviews in our website where the users can go and give reviews about the information we provided on our site. New Cars in Pakistan: Here is a list oupcoming automobiles in Pakistan: 1. KIA Cerato 2. Honda City (7th Generation) 3. Toyota Corolla (12th Generation) 4. Changan Alsvin Proton • KIA Cerato: In Pakistan, KIA Motor tested the Cerato, according to sources. The KIA Cerato has finally arrived in Pakistan. Cerato will have the 1.6-litre engine, according to sources. Toyota Corolla Altis 1.6L is KIA Motor’s main competitor. It is expected that the KIA Cerato price will be in the range of 3 to 3.5 million Pakistan rupees. First quarter of 2021 is when KIA Company plans to launch this car. • Honda City: City (7th Generation) is being tested on Pakistani roads by Honda Company. City (7th Generation) will be available in Pakistan by 2021. Tests are underway in Pakistan with the Toyota Corolla (12th Generation). Towards the end of 2021, Toyota Company Pakistan plans to launch the 12th generation Toyota Corolla in Pakistan. 12th Generation Toyota Corolla will cost 1 to 2 lacs higher than the present price. • Proton Saga: Proton is building a factory in Pakistan, which will be finished shortly. Proton Company intends to introduce the Proton Saga in Pakistan in the first quarter of 2021. The Proton Saga will have a 1299cc engine. The Proton Saga will cost between 2 and 2.5 million PKR. • Changan Alsvin: Changan Karavan is one of the company’s cars that is extremely popular in Pakistan. Changan Company is putting the Changan Alsvin through its paces on Pakistani roads. This vehicle was observed by several individuals on the Islamabad highway. Changan Company intends to launch Changan Alsvin in Pakistan by the end of 2020, according to our sources. • Hyundai Elantra: Hyundai displayed the “Hyundai Elantra” at the Pakistan Autoshow 2020. Hyundai Nishat officials stated at the time that they want to launch the Hyundai Elantra in Pakistan. In Pakistan, the Hyundai Elantra will be equipped with a 1.6-liter engine. According to Hyundai Nishat officials, the Hyundai Elantra would be introduced in Pakistan in February 2021.
News According to the State Bank of Pakistan’s quarterly report, Pakistan’s car sector grew by 23.4 percent from July 2020 to March 2021, compared to a decrease of 37.7 percent during the same period last year (SBP). Cars improved by 24.7 percent, motorbikes improved by 20.3 percent, LCVs improved by 30.2 percent, and tractors improved by 57.5 percent. This growth was caused by low loan rates, relative stability in vehicle costs, and the launch of new models. According to the study, consumer financing for the car sector was Rs. 73.6 billion, up from Rs. 3.2 billion the previous year. Almost 40% of these loans were disbursed in the third quarter of 2021, from January to March. Car prices in Pakistan is on mediocre level and the investors earn profit by investing in cars industry and earn more than the investment.