Local auto industry seeks govt’s support LAHORE: Local auto industry has demanded of the government to take appropriate measures, to support the local auto... Published 23 Apr, 2024 03:41am
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 Car sales in Pakistan surge 57% YoY in February However, during first eight months of fiscal year 2024, total car sales stood at 59,699 units, a 41% decline compared to the same period last year when sales stood at 101,426 units Updated 12 Mar, 2024 10:35pm
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
Markets ‘Increased expenses’: Pak Suzuki jacks up car prices by up to Rs180,000 Pak Suzuki has jacked up its car prices by up to Rs180,000, blaming inflation and an increase in its overhead... Published 01 Mar, 2024 10:27pm
Opinion Business strategy in downtimes Business environment has been uncertain and unsure. That was to be. Any country before the elections is naturally... Published 28 Feb, 2024 06:10am
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
Opinion Navigating challenges in the auto sector The auto industry is at a crossroads, grappling with issues that threaten its stability. Used car imports, coupled... Published 29 Nov, 2023 05:09am
BR Research Cuts and scrapes Assembly plants for Indus Motors (PSX: INDU) will remain closed for another 6 days after the company completes its... Published 10 Nov, 2023 08:34am
Print Locally-produced cars: IMC CE lists factors behind high prices ISLAMABAD: Indus Motor Company (IMC) Chief Executive Ali Asghar Jamali has said issues such as high taxation,... Updated 09 Nov, 2023 03:59pm
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
Print High taxes hampering auto industry’s growth: PAAPAM chief KARACHI: The government’s high auto taxes of 37-43% are severely hampering Pakistan’s auto industry growth. This was... Updated 28 Oct, 2023 09:47am
Business & Finance Pakistan’s auto industry seeks ‘remission’ after failing to meet export target during FY23 Manufacturing Certificate of all OEMs is due to expire on Sept 30, and would have been renewed if export target had been met Published 28 Sep, 2023 06:47am
Business & Finance Pakistan’s car sales jump 49% MoM in August Car sales in Pakistan witnessed an increase of 49% on a month-on-month (MoM) basis in August 2023, clocking in at... Published 11 Sep, 2023 08:37pm
Business & Finance 2023 a challenging year for automotive industry: ‘Major OEMs are experiencing 55pc drop in volumes’ KARACHI: The financial year 2023 has brought significant challenges to Pakistan’s automotive industry, with original... Updated 09 Sep, 2023 09:29am
Business & Finance Import of used cars crippling local auto industry: IMC chief LAHORE: Chief Executive Indus Motor Company (IMC), Ali Asghar Jamali has lamented that total used car imports have... Published 07 Sep, 2023 06:21am
Business & Finance IMC hasn’t announced layoffs despite 55pc cut in production: CEO KARACHI: Chief Executive Officer, Indus Motor Company (IMC), Ali Asghar Jamali has said that despite registering a... Published 31 Aug, 2023 06:00am
Business & Finance Auto sales suffer massive fall of 66% YoY to 9,211 units in March Non-availability of CKD kits, escalating prices, expensive auto financing drive decline on a yearly basis Sales are, however, higher on a monthly basis Published 11 Apr, 2023 07:23pm
Business & Finance Pak Suzuki jacks up its car prices for a fourth time in 2023 Its cheapest model, the Alto VX, is now priced at Rs2.251mn, while its high-end Swift variant is now at Rs4.96mn Published 05 Apr, 2023 04:54pm
Markets Auto financing dips for eighth consecutive month Factors for the decline include massive hike in car prices, soaring interest rates and plant shutdowns of various assemblers Published 21 Mar, 2023 04:03pm
Supplements The Landscape of the Auto Industry in Pakistan TEXT: 1972, socialism deeply influenced PPP Government to wrap up the entire industry under nationalization. The... Published 16 Mar, 2023 06:01am
Business & Finance Another increase: Honda Atlas jacks up car prices by up to Rs1 million New prices came into effect on March 14 Updated 14 Mar, 2023 08:34pm
Business & Finance Auto parts maker Agriauto announces partial plant shutdown in March Says this is due to reduction in production volumes of major clients Updated 02 Mar, 2023 04:15pm
Business & Finance Import restrictions bite: Pak Suzuki extends automobile plant shutdown Pak Suzuki Motor Company (PSMC) on Friday announced extending the shutdown of its automobile plant from February 20... Updated 17 Feb, 2023 02:48pm
Business & Finance Car sales drop to 31-month low in Pakistan Amount to 10,867 units in January 2023 after 36% month-on-month drop Published 13 Feb, 2023 10:11pm
