Car sales in Pakistan surge 12% MoM in April Car sales in Pakistan increased 12% on a monthly basis in April 2024, as the total number of units sold in the said... Published 13 May, 2024 11:10pm
Business & Finance Master Changan Motors to launch Deepal S7 electric vehicles in Pakistan Master Changan Motors Limited (MCML) is set to introduce its first pure electric vehicle brand in Pakistan – Deepal... Published 06 May, 2024 11:28am
Business & Finance Pak Suzuki slashes prices on Swift models KARACHI: Pak Suzuki Motor Company Limited has taken a surprise move, slashing the prices of its popular Swift... Published 03 May, 2024 06:29am
Markets LMC says ‘fully booked’ for KIA Stonic deliveries until September 2024 Lucky Motor Corporation (LMC), the assembler and seller of KIA cars in Pakistan, has announced that it is “fully... Published 02 May, 2024 09:01pm
Business & Finance Pak Suzuki announces up to Rs710,000 price drop for Swift variants In what the company titled “limited time offer”, Pak Suzuki Motor Company announced a price decrease of up to... Updated 02 May, 2024 09:47pm
Business & Finance Sazgar commences pre-booking of Haval Jolion HEV latest model Sazgar Engineering Works (SAZEW), a manufacturer of auto rickshaws, has commenced pre-booking of its... Updated 01 Apr, 2024 07:16pm
Technology Experts hail Chinese EV giant BYD’s entry to Pakistan market Chinese electric vehicle (EV) giant BYD revealed its plan to enter the Pakistan market and industry experts see it... Published 29 Mar, 2024 11:00pm
Business & Finance In meeting with finance minister, Ambassador Mitsuhiro raises Japanese automakers’ concerns Ambassador of Japan to Pakistan, H.E. Mitsuhiro Wada, on Tuesday discussed issues being faced by Japanese automakers... Updated 26 Mar, 2024 06:33pm
Business & Finance After launching hybrid, Indus Motor introduces cheaper, petrol variants of Corolla Cross Gasoline vehicles priced at Rs8.199mn and Rs8.899mn Updated 22 Mar, 2024 09:53pm
Business & Finance After Indus Motor, Honda Atlas reduces City’s prices in Pakistan Honda Atlas Cars announced on Friday a price reduction of up to Rs140,000 on two of its City variants on Friday,... Updated 15 Mar, 2024 08:02pm
Business & Finance Indus Motor reduces Toyota Yaris prices in Pakistan by up to Rs133,000 Indus Motor Company, the maker of Toyota cars in Pakistan, announced on Thursday a price reduction for its Yaris... Updated 14 Mar, 2024 09:23pm
Markets Indus Motor temporarily halts production citing inventory shortage Company to close its plant from March 6 to March 11 Updated 06 Mar, 2024 03:07pm
Business & Finance KIA decreases Sportage prices in Pakistan Low demand, competition from Corolla Cross seen as reasons for decrease in price Published 04 Mar, 2024 05:57pm
Business & Finance Indus Motor Company to invest Rs3bn ‘for additional localization’ of parts, components In a key development for the country’s auto sector, Indus Motor Company Limited (INDU) announced that its board has... Updated 22 Feb, 2024 03:36pm
Business & Finance Indus Motor posts 89% higher profit of Rs4.96bn in 1HFY24 Indus Motor Company (IMC) reported on Thursday a profit of Rs4.96 billion for the half-year ended December 31, 2023,... Published 22 Feb, 2024 11:30am
Markets ‘Cars will become more expensive’: automakers decry hike in sales tax Automakers on Friday lamented the recent government decision to increase sales tax to 25% for the sector, saying the... Published 16 Feb, 2024 09:51pm
Markets Honda Atlas Cars’ profit-after-tax plunges 82% in Oct-Dec Amid massive decline in sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) plunged over... Updated 24 Jan, 2024 10:23pm
Business & Finance Toyota Pakistan’s chief says 50% of Corolla Cross value comes from localised parts Indus Motor Company, the assembler of Toyota vehicles in Pakistan, has recently launched its Hybrid Electric Vehicle... Published 20 Dec, 2023 09:00pm
Business & Finance Passenger car sales in Pakistan plunge 68% YoY in November Passenger car sales in Pakistan witnessed a steep fall of 68% on a year-on-year (YoY) basis in November 2023, data... Published 11 Dec, 2023 09:11pm
Business & Finance Indus Motor Company lines-off Pakistan’s first 1800cc hybrid EV Indus Motor Company (IMC) lined-off the 4th generation Toyota Corolla Cross Hybrid Electric Vehicle (HEV) at a... Published 06 Dec, 2023 07:10pm
Business & Finance Suzuki Motor proposes purchase of minority shareholders’ stake at minimum Rs406 per share Development follows intention of PSMC's majority shareholder to buy back nearly 22.15mn shares Updated 04 Dec, 2023 10:41pm
Business & Finance Automakers continue to shut production amid falling demand, raw material shortage Amid a decline in demand and the inability to procure much-needed raw material, various companies in the auto sector... Updated 01 Dec, 2023 06:06pm
BR Research Autos: Ghosts of markets past In the days leading up to December, which will mark the end of the calendar year and six months to the fiscal year... Published 24 Nov, 2023 08:30am
Business & Finance Honda Atlas Cars’ profit-after-tax clocks in at Rs675m in July-Sept Despite lower sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) clocked in at Rs675.34... Published 22 Nov, 2023 01:44pm
Technology EVs’ manufacturing licenses: two, three wheelers take front seat in Pakistan A four-wheel EV manufacturer yet to approach govt for license under EV policy Updated 17 Nov, 2023 10:11pm
Business & Finance Pak Suzuki announces yet another shutdown of automobile plant Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant amid... Updated 08 Nov, 2023 03:05pm
Business & Finance Honda Atlas Cars extends plant shutdown Honda Atlas Cars (Pakistan) Limited, a subsidiary of Honda Motor Co., Ltd., Japan, on Tuesday announced a temporary... Updated 07 Nov, 2023 07:00pm
Business & Finance Automakers in Pakistan announce temporary shutdowns as economic woes bite Pak Suzuki Motor Company announces another shutdown of automobile plants Agriauto Industries says it will observe a partial shutdown Updated 01 Nov, 2023 04:35pm
Business & Finance EDB official says import quotas for new auto companies opened Asim Ayaz, General Manager Policy at Pakistan’s Engineering Development Board (EDB), said on Saturday that quotas... Updated 29 Oct, 2023 10:55pm
Business & Finance Auto part makers call for tax cut on local vehicles to boost manufacturing The country’s auto part makers have asked the government to reduce taxes on the auto sector to boost localisation.... Published 27 Oct, 2023 10:44pm
