Honda Atlas Cars (Pakistan) Limited (HCAR) reported a strong financial turnaround in the first nine months of Market Year 2026 (9MFY26), driven by robust sales of its Honda HR-V Hybrid and renewed interest in the Honda City sedan. The company’s profit after tax jumped 117% to PKR 2.22 billion, compared with PKR 1.02 billion in […]
New Taxes on Imported EVs? Govt’s Plan Explained
The Senate Standing Committee on Industries and Production was told on Monday that the government is considering imposing additional taxes on imported electric vehicles (EVs) as part of efforts to reduce the transport sector’s ballooning $9 billion import bill, while keeping locally manufactured EVs largely tax-free. The meeting, chaired by Senator Khalida Ateeb, was attended […]