ISLAMABAD — In a major move to rapidly accelerate the country’s green energy transition, the National Assembly Standing Committee on Finance has formally finalized explicit custom updates for the Finance Bill 2026. Led by Chairman Syed Naveed Qamar, the parliamentary panel has officially signed off on a 0% Federal Excise Duty (FED) structure for all […]
ISLAMABAD — In a major development expected to dramatically shake up the domestic auto market, the Ministry of Commerce has briefed the parliamentary finance panel on a comprehensive plan to rationalize import duties across multiple vehicle engine capacities. Under the newly tabled framework, total cumulative duties and taxes on standard 1800cc cars will plummet from
KARACHI — In a major development for Pakistan’s automotive ecosystem, Lucky Motors Corporation (LMC) has officially launched China’s GAC Motor in Pakistan. This milestone introduces premium electric vehicle (EV) models under the AION and HYPTEC brands. The strategic partnership focuses heavily on intelligent mobility, advanced safety, electrification, and smart connectivity. Following recent EV movements by
Classic Car Sales Slow at Monterey: A Generational Shift in the Collector Car Market Monterey Car Week has long stood as a pinnacle event in the classic car world — a stage where rare and historic automobiles regularly achieve record-breaking auction prices. However, the 2025 edition painted a different picture. Sales slowed noticeably, signaling a
Classic Car Sales Stall in Monterey Auctions as New Generation Takes Charge Read More »
Tesla’s Full Self-Driving (FSD) Coming to Europe and China by Early 2025: A Leap Toward the Future of Mobility Tesla’s Full Self-Driving (FSD) technology has long been at the center of conversation in the automotive and tech industries. In a recent announcement, Tesla revealed that its FSD software is expected to be fully ready for
Tesla’s Full Self-Driving (FSD) Coming to Europe and China by Early 2025: What to Expect Read More »
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