"The company will use Chinese technology and market its vehicles under the brand name of United. The local assembly of these vehicles will begin in the first half of 2018,” United Motors General Manager Muhammad Afzal said.
The auto-market is abuzz with reports that United is introducing Mehran and Ravi lookalikes with minor design variations to avoid copyright litigation and the launch will be followed by the suspected discontinuation of Pak-Suzuki's iconic Suzuki Mehran in 2019.
“Our car and pickup are not the copy of Suzuki brands. Our vehicles are totally different and loaded with various attractive features and safety standards,” declared Muhammad Afzal.
As for the pricing, he said the company intends to keep it “very affordable”. The official, however, did not give any details about the company’s investment in the greenfield project, level of localisation, plant capacity and monthly production number.
It is believed that Pak Suzuki would discontinue Mehran and introduce the next-generation 660cc Alto in March 2019 which will have a price tag of Rs850,000-900,000 (approx) for the basic variant, though an official announcement in this regard is awaited.
The writer is a member of the staff. He can be accessed on Twitter @iamnozair
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on April 01 , 2023 (Saturday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 283.6 | 286.65 |
Euro | EUR | 308 | 311 |
UK Pound Sterling | GBP | 350.5 | 354 |
U.A.E Dirham | AED | 77.2 | 77.9 |
Saudi Riyal | SAR | 75.5 | 76.5 |
Australian Dollar | AUD | 187.5 | 189.9 |
Bahrain Dinar | BHD | 754.25 | 762.25 |
Canadian Dollar | CAD | 206.5 | 208.7 |
China Yuan | CNY | 41.16 | 41.56 |
Danish Krone | DKK | 41.49 | 41.89 |
Hong Kong Dollar | HKD | 36.11 | 36.46 |
Indian Rupee | INR | 3.45 | 3.56 |
Japanese Yen | JPY | 2.25 | 2.3 |
Kuwaiti Dinar | KWD | 924.86 | 933.86 |
Malaysian Ringgit | MYR | 64.14 | 64.73 |
New Zealand Dollar | NZD | 176.37 | 178.38 |
Norwegians Krone | NOK | 27.16 | 27.46 |
Omani Riyal | OMR | 736.57 | 144.51 |
Qatari Riyal | QAR | 77.87 | 78.57 |
Singapore Dollar | SGD | 209.5 | 211.5 |
Swedish Korona | SEK | 27.35 | 27.65 |
Swiss Franc | CHF | 310.26 | 312.76 |
Thai Bhat | THB | 8.29 | 8.44 |
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 209,000 on Saturday.The price of 10 grams of 24k gold was recorded at Rs179,190.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
City | Gold | Silver |
Lahore | PKR 209,000 | PKR 2,525 |
Karachi | PKR 209,000 | PKR 2,525 |
Islamabad | PKR 209,000 | PKR 2,525 |
Peshawar | PKR 209,000 | PKR 2,525 |
Quetta | PKR 209,000 | PKR 2,525 |
Sialkot | PKR 209,000 | PKR 2,525 |
Attock | PKR 209,000 | PKR 2,525 |
Gujranwala | PKR 209,000 | PKR 2,525 |
Jehlum | PKR 209,000 | PKR 2,525 |
Multan | PKR 209,000 | PKR 2,525 |
Bahawalpur | PKR 209,000 | PKR 2,525 |
Gujrat | PKR 209,000 | PKR 2,525 |
Nawabshah | PKR 209,000 | PKR 2,525 |
Chakwal | PKR 209,000 | PKR 2,525 |
Hyderabad | PKR 209,000 | PKR 2,525 |
Nowshehra | PKR 209,000 | PKR 2,525 |
Sargodha | PKR 209,000 | PKR 2,525 |
Faisalabad | PKR 209,000 | PKR 2,525 |
Mirpur | PKR 209,000 | PKR 2,525 |
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