Auto
PM Approves Five-Year Auto Policy, Rejects IMF Proposal on EV Sales Tax
Prime Minister Shehbaz Sharif has approved a five-year automotive policy that rejects the proposal of International Monetary Fund (IMF) to raise the sales tax on…
UK Auto Giant Plans Mass Layoffs as Tariffs Bite
Jaguar Land Rover Automotive Plc plans to cut approximately 4,000 jobs over the next two years, according to a report by The Times cited by…
Oilboy Energy Plans 70 Fast EV Charging Stations Across Pakistan
Oilboy Energy Limited (OBOY) plans to build a nationwide network of 70 electric vehicle (EV) fast-charging stations. The energy company wants to raise Rs. 1…
New Token Tax Hikes Proposed For Vehicles In Punjab Finance Bill
The Punjab Finance Bill 2026-27 proposes a threefold increase in annual token taxes for commercial loader vehicles and higher rates for large engine private cars.…
Toyota Forecasts 20% Profit Drop as US-Iran War Drives Up Costs
Toyota issued a significant warning to the global market today. The world’s top-selling automaker forecast a massive 20% decline in annual profit for the current…
Pakistan Proposes Sharp Cuts in CBU Vehicle Import Duties
The government of Pakistan has proposed significant reductions in import duties on completely built-up vehicles across all five engine size categories by the year 2030.…
Budget 2026-27: Govt Plans Major Tax Relief for Auto Sector, Hybrid & EVs To Get Cheaper
The federal government of Pakistan has proposed sweeping tax and duty reductions for the automobile sector as part of an upcoming new auto policy and…
Govt Employees to Get Electric Bikes on Installments with Rs. 80,000 Subsidy
The federal government is moving ahead with a plan to lower fuel expenses by introducing electric bikes for its employees, as rising global oil prices…
