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Why People Buy Used Imported Cars Instead Of New Local Cars

In the past decade, the demand of imported cars has grown to an immense level, giving a tough time to the local manufacturers, who once used to enjoy the monopoly of selling their cars with whatever they had to offer. Now, with the technological advancement and a vast variety of substitutes available, the local manufacturers are facing a hard time keeping up with the market.

This article highlights the prominent facts which make the buyer more inclined towards a used imported car rather than a brand new locally manufactured one.
Imported cars, though they’re used, still have more value for your cash compared to a local one. For reference, let’s make a comparison. In the budget of 2 million rupees, the local automakers only 2 choices, while the imported used cars market offer at least 6 choices.

In imports, you can get the fuel saving hybrids with all latest gadgets and safety options, and in locals, you get the older technology equipped Honda City or Toyota Corolla. Not that they are bad cars, but they are expensive and do not offer the same value for money like the imported ones offer. In simple words, the locally available cars are over-priced and under-equipped vehicles.

Let’s take the same cars we’ve discussed above and squeeze them a bit more. The locally assembled cars offer no airbags, average in-car-entertainment systems, manual air conditioning systems, limited and manual seat adjustments and a few more features, which can be ignored, but they still matter. The imports, on the other hand have a lot more to offer than these local ones, and that too with a superior material and build quality. They are equipped with over 6 airbags, Assisted Anti-Lock Braking (ABS) systems, great in-car-entertainment systems, and almost everything is electrically controlled including the air-conditioning.

In the Hybrid car category of the imports, the fuel consumption is cut to half of as compared to the local ones. Moreover, they still cost less than the new ones, because you don’t get to pay the recently introduced ‘sales tax’ which varies upon engine capacity.

In a nutshell, it is clear why the imported used cars are taking over the roads of Pakistan, because in this age of technology, the average buyer if well informed and know that imports offer much more value and squeeze more out of the money spent on them when compared to the locally assembled cars, all while knowing and not caring that the imported cars are actually used cars.

Author Bio:

Fahad Mehmood is a keen car enthusiast and a photographer by profession. He’s been an active PakWheels member since the beginning. When he’s not writing about cars, he’s shooting people and things with his camera.

Meet Vega, Sri Lanka’s all-electric supercar

At first blush, it’s lunacy – a 900-horsepower, all-electric supercar from an island nation best known for tea and tourism, not tech.
Yet the team behind the stunning Vega sports car has credentials – and financial backing – befitting similar passion projects emerging in California’s Silicon Valley. The effort is the brainchild of technology entrepreneur Harsha Subasinghe, chief executive of Colombo-based CodeGen, a developer of software for the travel and tourism industry. Building a luxury sports car is certainly a departure for Subasinghe, but one with broader objectives than simply a quick zero-to-60mph time. (That’ll be 3.5 seconds, according to the Vega’s builders.)

Subasinghe envisioned the Vega not only as an all-electric thrill machine, but a demonstration of Sri Lankans’ ability to develop advanced transportation technologies.

“Getting people to believe that a complex engineering project like a supercar can come from Sri Lanka is a huge challenge for us,” says Beshan Kulapala, the car’s project manager. “This country produces some of the best engineers in the world, but in the past we’ve been afraid to commit to innovative product development for fear of losing, or being ridiculed.”

From a purely technological perspective, there seems little chance of that. The car bears a sophisticated silhouette befitting a boutique hypercar, and considerable innovation beneath that sheet metal. Dual electric motors power the rear wheels, producing a combined 900 horsepower with 530 pound-feet of torque. Carbon-fibre construction helps hold vehicle weight to about 3,000lbs – rather remarkable, given the density of the on-board lithium-ion battery packs. The team, comprising over 30 engineers and other personnel, is developing what Kulapala – a 13-year veteran of Intel with a PhD in electrical engineering – calls a state-of-the-art motor controller, and new thinking around battery packaging. Says Kulapala: “The lithium battery modules have a number of innovations in packaging, safety, battery management, system hardware, and firmware and software., “Our eDiff [electronic differential] will also run cutting-edge algorithms to control the vehicle in different road and driving conditions.

Codegen Vega

(CodeGen International)

Will it have the same track-attuned chops of a Ferrari or Lamborghini? Not likely, but nor will it be a slouch. That 3.5-second zero-to-60 time places it firmly in supercar territory, and the in-house engineering should help the vehicle – which is expected to cost an Aventador-like $400,000 – achieve a 150-mile range and a top speed of 150mph.

The team has the engineering pieces in place, but bringing the Vega to market may be the  larger challenge. Raw materials and precision tooling needed for key components are not always present in Sri Lanka, Kulapala says. But Sri Lanka is full of surprises. Per capita income of the country has doubled since 2005, and the nation’s cellular subscriber base has grown 550% between 2005 and 2010. Sri Lanka was also the first country in south Asia to introduce mobile broadband technology.

“With the vast amount of data available online, we are able to learn and build expertise that we would otherwise lack,” Kulapala says. “Sure, we will need time to build experience, but with disciplined research, we are able to not fail where others have already have, and we can be quick to design and engineer products.”

CodeGen executive Subasinghe has invested more than $500,000 in the initial development costs to get the idea off the ground. Of course, budgets will head into the tens of millions once the development and testing of prototypes begins, and the company is taking the funding process one step at a time. Kulapala sees this proceeding at an aggressive pace, with the first prototype rolling out by April 2015 and the technology tuning and certification process following.

As every upstart supercar maker discovers soon enough, it’s a long road from daydream to reality. Can the Vega make the trip? Sri Lankans have demonstrated impressive tenacity and innovation in recent years, rebuilding after a brutal civil war and a devastating tsunami. If any country seems equipped to rise to such an occasion, it’s this one.

Suzuki Pakistan introducing Kizashi Car in Pakistan …………yes tomorrow in Lahore

Suzuki Kizashi is the jewl in the 4 wheel product range of Suzuki. It is equipped with a 2.4L engine accompanied with CVT for smooth and progressive acceleration.

The car is equipped with electronic sensors to illuminate the headlamps and activate wipers. Along with the provision of an advanced driveline, the car has all the high end driver and passenger amenities with the provision of electrically adjustable seats.

The car provides ample space for the average family man too. As far as safety aspects are concerned the car is equipped with ESP,ABS,EBD and SRS Airbags too. So all those looking forward to earn the luxuries of driving in comfort and style watch out for Kizashi!

First batch of metro buses arrives

RAWALPINDI: The first batch of seventeen metro buses from Turkey arrived in the city to be plied on the multi billion rupees metro project between Rawalpindi and Islamabad.
The remaining buses are expected to reach ahead of the formal inauguration of the project, which is being delayed due to slow construction by the contractors for different reasons.
The Metro project which was to be completed by 31st December, 2014 was delayed till 31st January under the pretext that contractors could not carry out the work at desired pace due to sit ins by PTI and PAT.
The people traveling between the twin cities have pinned lot of hopes from the metro buses as their fares would be much cheaper and minimum time would be consumed in travel but they are irked by the continuing delay, also. An estimated two hundred thousand people would travel daily through the metro buses.
Experts however are of the opinion that there is need for integrated road networks to increase the rider ship of the metro bus project.
They said there should be feeder routes to enhance the utility of the project. They were of the opinion that it would be appropriate to start new routes from Chuhr Chowk to 9th Avenue to afford the people living along the IJP road to catch the metro bus near the double road crossing till the metro bus project is extended from 9th avenue to Chuhr chowk.
They said for the last about a year they have been facing difficulties in travelling between the twin cities due to the project as it is taking them around two and a half hours for one way travel between Saddar and Blue Ara Islamabad. They requested the Punjab Chief Minister Mian Shahbaz Sharif to make an urgent visit to the site as only he can ensure its timely completion by strong warning to the contractors.

FEDERAL EDUCATIONAL INSTITUTIONS LACK TRANSPORT FACILITIES

Islamabad—Almost all the federal educational institutions lack proper transport facilities to fulfill the needs of their students. Only 30 out of 422 institutions of Federal Directorate of Education (FDE) have less than 100 buses.

A large number of students sitting on rooftops or stuffed inside private buses is a common sight both in the morning and after school hours. Some of them travel while hanging along doors put their lives at risk. Shazia, a student at Islamabad Model Postgraduate College F-7/2, said she could not remember a day since taking admission that when she travelled to or from the college sitting on seat as the bus was always overcrowded.

“Sometimes as many as 80 students are crowded in the bus having capacity of 50 seats,” she added. A significant number of the college buses are old, worn out and defective with faulty brakes, bald tyres, dysfunctional rear brake lights and warning lights putting the lives of students at stake. Imran, a student of H-8 College said, “My college bus has broken seats and damaged roof which leaks when it rains. Travelling during rain becomes a nightmare. I have to spend first hour in college recuperating from the bus ride and another hour at home after return journey.”

A bus driver of H-8 College said, “There are four buses in this college, two of them are very old (1972 model). There are no spare parts in the store and even the ones procured are not of good quality.” Professor Mehmood Ali Khokher of H-8 College said the college despite being postgraduate, had only four old buses.—APP

Pakistan to get Japanese technology of auto parts manufacturing

ISLAMABAD: Japan International Cooperation Agency (JICA) under “The Project for

Technical Support to Auto Parts Manufacturing Industry” has agreed with Small and

Medium Enterprises Development Authority (SMEDA) for a technical assistance for

enhancement of auto parts manufacturing industry in Pakistan.

The agreement was signed here Thursday between Mitsuyoshi Kawasaki, Chief Representative of JICA

and Muhammad Alamgir Chaudhry, CEO of SMEDA, Mukhtar Ahmad, Joint Secretary, Ministry of

Industries and Production, and Syed Mujtaba Hussain, Joint Secretary, Economic Affairs Division (EAD).

The Project is aimed to improve the quality and productivity of auto parts through the technical support

by Japanese experts, which leads to the competitiveness of auto parts suppliers, will be strengthened, a

statement of JICA issued here said.

The duration of the Project is expected four (4) years from April 2015, and target areas are Lahore and

Karachi. Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) is also

involved as an important partner of the Project.

Auto sector is one of the fastest growing sectors in Pakistan and it contributes towards the nation’s

economy in the form of technology transfer, employment and revenue generation.

Local vendors deem to play an important role in the growth of auto industry as they bear the

responsibility of producing auto parts and sub-assemblies according to the bench mark set by the

respective Original Equipment Manufacturers (OEMs).

On the other hand, local auto parts manufacturing industry is still in the process of development in terms

of competitiveness, quality, cost and flexibility of manufacturing procedures.

Pakistan has not been able to derive maximum benefits in terms of technical  know-how, production

technology and quality control in order to upgrade the vendor base of auto sector.

For the foregoing reason, SMEDA requested Government of Japan for initiating a long term technical

support of Japanese way of improving productivity and quality.

SMEDA aims to broaden the scope of productivity improvement activities across the value chain of auto

sector in the development of the vendor base across the country.

Mr. Kawasaki while commenting on the significance of the project said, “I am very confident that this new

project will support to achieve higher results in auto part industry by ensuring implementation of the plan

of actions, efficient use of existing resources and building trustful services delivery”.

Source: APP

Further cut in petrol prices from February 1

Further cut in petrol prices from February 1

The government is likely to reduce prices of the major petrol products in the range of Rs5.5 to Rs11 per litre from February 1, it is learnt.
According to officials privy to the developments, the price of HOBC is expected to go down by Rs11 per litre, petrol by Rs8.75 per litre, High Speed Diesel by Rs8 per litre, Light Diesel by Rs7.50 per litre and kerosene oil by Rs5.5 per litre.
The Ogra on January 30 will send a summary to the PM after calculating prices of the imported oil and it is expected that the price of major oil products may further decline as at least three ships by the end of the current month are due to reach Karachi port. “Keeping in view current trends it is expected that the prices of the major oil products may reduce by Rs5.5 to Rs11 per litre”, the official said.

Pakistan students participate in Eco Marathon

 

The 30th Eco Marathon held by Shell will be taking place in Manila, Philippines, this year. The basic concept of the Shell Eco Marathon is to challenge student teams from all over the world to come up with a car that can give maximum mileage in one liter or one gallon of fuel. The word ECO makes it quite clear that student teams have to come up with and design, build, and test ultra-energy-efficient vehicles. The current world record of the Shell Eco Marathon is 315.4 km/liter.

Shell Pakistan helps its Pakistani talent to showcase their work (model cars) in the Shell Eco Marathon which is held in different countries. Shell Pakistan takes all the responsibility of the teams from Pakistan in terms of travel and participation in the Eco Marathon. It makes Pakistanis feel a bit patriotic that their country is also part of such a great marathon which focuses on eco-friendly cars.

Student teams from Pakistan participating in Shell Eco Marathon are:

Karachi PNEC-NUST-URBAN, National University of Sciences and Technology (NUST), Karachi

Karachi PNEC-NUST-PROTOTYPE, National University of Sciences and Technology (NUST), Karachi

Sahiwal ARMZSTAR COMSATS, Institute of Information Technology, Sahiwal

Faisalabad Team Mechanergy NFC, Institute of Engineering and Fertilizer Research, Faisalabad

Topi HammerHead ARC, Ghulam Ishaq Khan Institute of Engineering Sciences and Technology

Wah WEC-UW-Urban, Wah Engineering College

Rawalpindi NUSTAG, National University of Sciences & Technology (NUST), Rawalpindi

Taxila Team PIEAS, Pakistan Institue Of Engineering and Applied Sciences, Islamabad

Taxila innova, Pakistan Institue Of Engineering and Applied Sciences, Islamabad

Islamabad AIRIANZ, Air University, Islamabad

Islamabad Mech The Tech, Air University, Islamabad

Islamabad Team Sterling – NUST

Focus on Design:

The main areas on which teams have to focus is not just the engine with best fuel mileage but also aerodynamics, meaning less drag due to road friction, and also taking care of the size of the wheels and total weight of the car.

Focus on Engine:

In this competition, teams also have to take care of the engine type, which likely means they focus on using a more compact engine with a higher compression ratio which means less engine weight with maximum power.

Focus on Transmission:

Student teams taking part in the Shell Eco Marathon prefer using rear-engine, rear-wheel drive which actually gives more traction due to more weight on the driving wheels.

Facts about the Shell Marathon:

  • The Shell Eco Marathon is a global initiative taken by Shell to reduce greenhouse gas emissions caused by transportation.
  • Automobiles alone make up 13% of the total greenhouse gas emissions.
  • The competition enters Asia for the sixth year, marking the 30th anniversary of the Global Shell Eco Marathon
  • 158 student teams from 19 countries of Asia and the Middle East will hit the track in Manila this year.
  • The Shell Eco Marathon is being held at Luneta Park in Manila, Philippines, this year.
  • This is the second time the Shell Eco Marathon is being held in Manila, Philippines.
  • The circuit track in Manila requires extremely agile “driver skill” to maneuver the vehicle across the 4 tight bends of the track.
  • The two categories through which teams can participate in the event are Prototype and Urban Concept categories.
  • The winners and runners up will receive prize money ranging from $2,000 and $1,000 respectively in both categories.
  • Six Off-Track Awards will also be given out to deserving teams.
  • The categories for Off-Track Awards are Communications, Vehicle Design, Technical Innovation, Safety, Perseverance, and Spirit of the Event, as well as the Shell Helix Tribology Award.

 

Yamaha motor cycle plant to be inaugurated in Pakistan

TOKYO – Minister for Finance Ishaq Dar held a meeting with a high level delegation of Yamaha Motor Corporation here.
The delegation was led by Motorcycle Business Operations, Senior Executive Officer Katsuaki Watanabe. The finance minister welcomed the decision of Yamaha Motors to start business in Pakistan, taking advantage of the new-entrant policy of the government. He informed the delegation that Pakistan offered excellent business and investment opportunities with low labour costs, geographical proximity to the Middle East and Central Asian Republics and South Asia as well as incentives for foreign investors.
He wished the Yamaha delegation the best in its business endeavours in Pakistan and assured that any issues faced by them would be resolved soon. He asked the Yamaha delegation to further market Pakistan by spreading the word about Pakistan’s investment conditions amongst other Japanese companies. The Yamaha delegation briefed the finance minister about the progress of work on its motor cycle manufacturing plant.
Dar was informed that the plant would produce 31,000 units in the first year with a localisation of 25 per cent. He was further informed that Yamaha would achieve 55 per cent localisation in three years and 85 per cent in five years. Yamaha delegation stated that the delegation would bring new value to Pakistani market and increase the competitiveness of its industry. Yamaha would initially focus on the domestic Pakistani market and target exports at a later stage.
It was decided that the inauguration of the Yamaha motor cycle manufacturing plant would take place in April this and that Yamaha president would visit Pakistan on the occasion. The meeting was also attended by the Board of Investment chairman, the Pakistan ambassador in Tokyo and other senior officials from the Ministry of Finance and Pakistan Embassy.

 

Source: Daily Times