Tokyo - Japan's largest carmaker Toyota Motor Corporation said Tuesday it will recall more than 176 000 passenger cars sold domestically due to defective brake parts and reported 470,000 cars shipped overseas have a similar problem.

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Sales of cars and other vehicles including motorcycles touched 44,747 mark in August registering an increase of 41.60 percent compared to same month last year on the back of rising demand and production.

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The Central Board of Revenue (CBR) last month enhanced the depreciation on used cars up to 50 to 80 percent from 800cc to 1800cc cars under the transfer of residence and gift scheme.

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FINANCING LIST

 
 

Askari Commercial Bank

Introduction:

Incorporated in Pakistan on October 9, 1991, Askari Bank commenced its operations in April 1992, as a Public Limited Company, and has since expanded into a nation-wide presence of 49 branches, supported by a network of online ATMs. The Bank is listed on the Karachi, Lahore & Islamabad Stock Exchanges and the initial public offering was over-subscribed 16 times.
While capturing the largest market share amongst the new banks, Askari has provided good value to its shareholders. Our share price has remained approximately 12% higher than the average share price of quoted banks during the last four years.

Car Financing: Car Financing Made Easy

Askar offers the most convenient and affordable vehicle-financing scheme, which provides our valuable customers an opportunity to own a brand new vehicle of their choice. Askar's "No eligibility" clause automatically qualifies a person to own a latest car of their choice. With minimum down payment, lowest insurance rates and widest range of available car makes and models, Askar offers the best value to you.

 

 

 
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