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The 2020 Audi e-Tron Sport 50 Quattro. Audi launched its e-Tron 50 Quattro in Pakistan in April 2020, making it the first electric car to debut in Pakistan. [3] Audi Pakistan imports the CBU units of these EVs from Germany. Currently, Audi offers its e-Tron, e-Tron Sportback, e-Tron GT Quattro, and RS e-Tron GT on bookings in Pakistan. [4]
It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th largest producer of automobiles. Its contribution to the national exchequer is nearly US$5.4 billion. Pakistan's auto market is among the fastest growing in Asia. 384,000 cars were sold in 2023. In the 1990s and early 2000s ...
PakWheels is a Pakistani online marketplace for car shoppers and sellers based in Lahore. [2] It aggregates thousands of new, used, and certified second-hand cars from thousands of dealers and private sellers. [3]
The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [1]
It was founded in 2017 for the purpose of assembling and distributing automobiles from the South Korean automobile manufacturer Kia in Pakistan. [2] Originally incorporated as Kia Lucky Motors Pakistan, the company changed its name to Lucky Motor Corporation Limited [ 3 ] in 2020.
In the fiscal year 1949–50, Pakistan recorded a national savings rate of 2%, a foreign savings rate of 2%, and an investment rate of 4%. Manufacturing contributed 7.8% to the GDP, while services, trade, and other sectors accounted for a significant 39%, reflecting a policy centered around import-substituting industrialization .
In March 2000, the company started production of the L500 series Daihatsu Mira in Pakistan which was locally sold as the Daihatsu Cuore and featured an 850-cc engine. [6] In 2008, Toyota acquired 9.83 million shares from Overseas Investors AG and general public at the price of Rs. 370 (equivalent to Rs. 1,900 or US$6.50 in 2021) per share. [7]
The lowest number sold was in 2001, with 5,169 units sold. As compared to other locally assembled cars. By February 2019, Pak Suzuki had taken up the prices to their highest extent, with the basic variant "VX" having a retail price of PKR.825,000 with a choice of three colors – White, Silky Silver, and the darker Graphite Grey. [3]