Analysts expected Lucky Motors’ Rs 6.39m Aion UT to sell fast. Here is why it isn’t

Despite record high petrol prices and an apparent aggressive price tag, the budget-friendly electric hatchback is stalling at dealerships.

The post Analysts expected Lucky Motors’ Rs 6.39m Aion UT to sell fast. Here is why it isn’t appeared first on Profit by Pakistan Today.

China’s GAC enters Pakistan EV market with vehicles starting from Rs6.39 million

Lucky Motor launches GAC electric vehicle lineup in Pakistan, with booking amounts ranging from Rs1 million to Rs2.5 million

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Pakistan proposes 1% GST on electric vehicles, opposes IMF plan for 18% tax

Industries Ministry commits to reducing auto sector tariffs below 6% by 2030 but seeks lower taxes and higher import duties to support local industry

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Auto parts makers welcome sharp decline in used car imports

Used vehicle imports fall to 148 units in April from 3,500-4,000 monthly last year, as Paapam says policy measures are supporting local manufacturing and LSM growth

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Les voitures autonomes font marche arrière dans l’impasse pavée : les riverains n’en peuvent plus du bruit infernal, même à 4 h du matin

À Londres, les riverains de l’impasse de Shoreditch dénoncent les nuisances sonores des voitures autonomes de la société Waymo. Depuis le 14 avril, ces véhicules d’Alphabet multiplient les marches arrière bruyantes...

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Honda posts operating loss, first since 1957

Honda announced Thursday its first operational loss since 1957 after a major overhaul of its electric vehicle strategy in the United States. Japan’s number two automaker after Toyota said that its operating loss last year of 414.3 billion yen ($2.6 billion) came after huge accounting charges in its EV operations. Honda also reported a net […]

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Pakistan’s auto sales jump 107% in April as lower financing costs drive demand

Passenger car and light commercial vehicle sales rise to 22,000 units, motorcycle sales hit record 187,700 units while tractor and truck-bus sales climb to 2,824 and 824 units, respectively, says AKD Research

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FBR mulls amendments to Export Facilitation Scheme for govt’s refurbished vehicle import, re-export initiative

Proposed amendments include disposal mechanism for salvaged auto parts as the government moves ahead with a pilot project for temporary vehicle imports

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Pakistan’s mini EV moment: big promise, bigger problems

A new generation of cheap electric quadricycles like Nora, Alektra, GuGo Gigi are flooding showrooms with the same seductive pitch Pakistan has heard before: finally, a people's car. But as broken chargers, load shedding, and Chinese white-labels pile up, the ghost of the Mehran looms large

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Renault : le patron Jean-Dominique Senard annonce son départ pour 2027… comment le successeur de Carlos Ghson a réussi à redresser le groupe

Jean-Dominique Senard, président du conseil d’administration de Renault, a officialisé ce jeudi qu’il ne briguerait pas de nouveau mandat en 2027. Arrivé en 2019 après l’ère Ghosn, il s’apprête à passer la main après...

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Carmaker Stellantis swings back into profit as sales climb

Global automaker Stellantis — owner of the Jeep and Fiat brands — said Thursday it had swung back into profit in the first quarter, but failed to convince investors ahead of presenting its new strategy. The 14-brand group, which also include Peugeot and Chrysler, posted a net profit of 377 million euros ($440 million) in January […]

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Volkswagen warns of more cost cuts as profits plunge

Volkswagen’s future is at risk without further cost-cuts, the ailing German auto giant warned Thursday after profits plunged more than feared as headwinds mount. The carmaker is struggling with Chinese competition, US tariffs and patchy demand for electric vehicles, and already has plans to axe 50,000 jobs across all its brands in Germany by 2030. […]

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Carmaker Stellantis swings back into profit as sales climb

Global automaker Stellantis — owner of the Jeep and Fiat brands — said Thursday it had swung back into profit in the first quarter on rising sales as it fixed manufacturing and operational problems. The 14-brand group which also include Peugeot and Chrysler posted a net profit of 377 million euros ($440 million) in January […]

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