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Topic

Auto financing

Pump your breaks

Pump your breaks

Published 23 Oct, 2024 08:39am
For the first time in over 2 years, net borrowing for auto financing has become positive implying that banks have...
Taking a break

Taking a break

Published 26 Aug, 2024 08:10am
It has been over 2 years—25 months to be exact—since net bank loans for consumer vehicles turned crimson. This...
Auto financing falls in August

Auto financing falls in August

Published 20 Sep, 2022 04:01pm
Outstanding consumer financing for transport, which includes purchase of cars etc, stood at Rs353 billion as of...
Auto financing fades!

Auto financing fades!

Published 27 Jun, 2022 09:25am
Car buyers are seemingly no longer knocking on bank doors for auto loans given the upward trajectory of interest...
Auto financing: Out!

Auto financing: Out!

Published 16 May, 2022 06:14am
Nothing could be more astonishing than the ability of the Pakistani consumer to absorb the exorbitant increase in ...
Autos: New Year (warning) bells

Autos: New Year (warning) bells

Published 30 Dec, 2021 07:16am
December numbers are not available yet, but by November, cumulative auto sales (including passenger cars, LCVs and...
INDU: Profits in a pandemic!

INDU: Profits in a pandemic!

Published 30 Apr, 2021 07:35am
Indus Motor (PSX: INDU) is no longer in lockdown—whether it is from the government instated shutters-down on...
Auto Financing in Pakistan reach a record high of of Rs285bn in March 2020

Auto Financing in Pakistan reach a record high of of Rs285bn in March 2020

Updated 21 Apr, 2021 07:59pm
  • Auto financing in the country has also witnessed an all time high with a monthly increase of Rs 12 billion during the month of March 2021.
  • This increase in car financing can be attributed to a decrease in interest rates to 7 percent in March 2021 as compared to 13.5 in the same month last year.
New ways of the new age

New ways of the new age

Updated 10 Mar, 2021 02:26pm
  • This car financing mode has proven to be successful in giving more and more people from different socio-economic classes the power of buying and eventually owning a new car.
  • One of the major automobile OEM is offering special financing deal on All New Alto AGS & WagonR VXL, you will be saving up to Rs. 159,577* on the complete amount.
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