Trends - auto sector - Business Recorder

auto sector

Lucky Motor Corp to launch Peugeot 2008 this month

Lucky Motor Corporation (LMC) is likely to introduce Peugeot 2008 later this month, officials familiar with the...

Updated 10 Jan, 2022 08:47pm

BR Research

Petroleum demand in provinces

There are two ways to look at growing petroleum sales in Pakistan. The rising consumption of petroleum products...

Published 24 Dec, 2021 07:58am

Business & Finance

US industrial output drops 1.3pc in Sept amid supply issues: Fed

WASHINGTON: Output by US industries fell 1.3 percent last month amid continued supply constraints hindering...

Published 19 Oct, 2021 03:52am

Business & Finance

Chip crisis crimps German, UK car sales but electric up

FRANKFURT: New car sales in Germany and Britain sank in September as a global chip shortage bedevils the auto ...

Published 06 Oct, 2021 04:17am

Business & Finance

Chip crisis crimps German, UK car sales but electric up

FRANKFURT: New car sales in Germany and Britain sank in September as a global chip shortage bedevils the auto ...

Published 05 Oct, 2021 04:37pm

Pakistan

Green channel facility: AGP makes 'anti-importer' recommendation

ISLAMABAD: The Auditor General of Pakistan (AGP) has strongly recommended the Federal Board of Revenue (FBR) to...

Published 18 Sep, 2021 04:02am

Additional customs duty on auto sector imports cut to 2pc

Decision taken after recommendation of tariff board for the promotion of local production of auto sector

Updated 15 Sep, 2021 12:51pm

Business & Finance

Hybrid electric vehicles: Indus Motor Company announces $100mn investment for local production

Amount will be invested over a period of three years, says the company in its filing to the Pakistan Stock Exchange

Updated 08 Sep, 2021 09:55pm

Govt lays focus on auto sector to create jobs

Intends to promote localisation of auto parts
Local auto makers to implement 17 shortlisted regulations in phased manner over a period of three years

Updated 08 Jul, 2021 10:23am

Business & Finance

Auto sector showing growth despite Covid pandemic: PAMA

LAHORE: Despite the challenge of increasing the input costs especially the raw material being hard to find due to...

Published 06 Jun, 2021 02:56am

Various sectors: EAC likely to finalise incentives

ISLAMABAD: A meeting of the Economic Advisory Council (EAC) is expected to finalise on Monday the incentive package...

Published 06 Jun, 2021 02:56am

Business & Finance

Volkswagen Plant Construction to start in Pakistan

Construction of the Volkswagen plant in Pakistan will officially commence within this quarter.

Published 08 May, 2021 05:39pm

Opinion

Computer chip shortage may leave auto sector idling

What was initially downplayed as a brief hiccup in the supply of semiconductors looks more and more like a shortage...

Published 26 Apr, 2021 03:29am

Business & Finance

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

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.

Updated 21 Apr, 2021 07:59pm

Business & Finance

Karachi: Thieves steal expensive car parts in a 70-second heist

The video shows two men stealing expensive parts of a vehicle parked on the side of a road.
The whole theft was wrapped up in less than a minute and a half.

Updated 21 Apr, 2021 09:09pm

Business & Finance

Yamaha's New YBR 125 comes with a Price Hike

Yamaha launched its new YBR 125 with a price hike of Rs. 7000.
The new model will now be priced at Rs. 188,000.

Published 14 Apr, 2021 07:07pm

Business & Finance

GM further cuts production in North America due to global chip shortage

The action was factored into GM's prior forecast that it could shave up to $2 billion off this year's profit, spokesman David Barnas said.
Semiconductors are used extensively in cars, including to monitor engine performance, manage steering or automatic windows, and in sensors used in parking and entertainment systems.

Published 24 Mar, 2021 07:48pm

Business & Finance

KIA Lucky Motors rolls out the 25,000th unit of KIA Sportage

KIA Lucky Motors successfully rolls out the 25000th unit of its popular KIA Sportage.
The company has been able to sell around 1,500 units of KIA Sportage every month for past few months.

Published 24 Mar, 2021 02:32pm

Business & Finance

Sazgar Engineering to bring another Chinese SUV brand to Pakistan

SEWL will now partner with the Great Wall Motors (GWM) of China, which owns an SUV brand called HAVAL.
SEWL is initially planning to launch the latest generation of two HAVAL SUVs, namely HAVAL H6 and HAVAL Jolion, in the Pakistani market.

Published 20 Mar, 2021 03:31pm

Talks on concessional yen-based loans held

ISLAMABAD: Pakistan and Japan on Friday held specific discussions in economic areas to bridge the balance of trade...

Published 20 Mar, 2021 04:39am

Business & Finance

Is MG3 coming to Pakistan, teased Javed Afridi

Javed Afridi shared a teaser for 'Morris Garages (MG) in Pakistan', featuring MG3, which is the smallest car in the MG lineup.

Published 18 Feb, 2021 06:24pm

Business & Finance

KIA Lucky Motors Reveals Prices for Sorento

KIA Lucky Motors has revealed prices for all three variants of its new SUV KIA Sorento.
The 2.4 Front Wheel Drive variant will be priced at Rs. 6,999,000, while the price of 2.4 All Wheel Drive and 3.5 Front Wheel Drive variants will be Rs. 7,999,000 and Rs. 8,399,000, respectively.

Published 18 Feb, 2021 04:40pm

Business & Finance

Ghandhara Nissan announces to manufacture Chery passenger cars in Pakistan

In line with the government's initiative to implement EV Policy, the company will introduce its lineup of electric vehicles in Pakistan in the next 2-3 years.

Updated 04 Feb, 2021 04:51pm

Markets

China shares lower

BEIJING: China shares ended lower on Wednesday, as profit-taking in tech stocks with high valuations outweighed ...

Published 04 Feb, 2021 04:13am

Business & Finance

Ghandhara Isuzu Plans on Launching MU-X SUV in Pakistan

The Ghandhara Isuzu is planning to launch MU-X SUV in Pakistan to compete with Toyota Fortuner.

Updated 09 Jan, 2021 03:58pm

Business & Finance

Yamaha bike prices rise by Rs6000

Following Atlas Honda's lead, Yamaha Motor Pakistan also raised its bike prices by Rs. 6,000.
These prices will come into effect from the 7th of January 7th, 2021.

Published 04 Jan, 2021 03:11pm

Business & Finance

Atlas Honda Bike Prices Rise in the New Year

Atlas Honda is planning to increase prices of its motorbikes from the 5th of January in Pakistan.

Published 02 Jan, 2021 05:45pm

Business & Finance

United Motors to Launch its 1000cc hatchback Alpha today

United Motors is launching another hatchback, the 1000cc United Alpha, at an event at the PC Hotel in Lahore today.

Updated 02 Jan, 2021 05:17pm

Business & Finance

2021 to be the year of ‘Growth’ for Pakistan: PM Khan

“Pakistan is moving in the right direction, in 2021 we will facilitate our industries through incentives and business-friendly policies," said PM.

Updated 01 Jan, 2021 04:31pm

Gainers
Losers
Leaders

Stock	Price
Prud Mod.1st / Jan 28 First Prudential Modaraba(PMI)	2.24 ▲ 0.24 (12.00%)
PICIC Ins.Ltd. / Jan 28 PICIC Insurance Limited(PIL)	1.23 ▲ 0.09 (7.89%)
Jahangir Sidd(Pref) / Jan 28 Jahangir Sidd(Pref)(JSCLPSA)	7.99 ▲ 0.49 (6.53%)
KASB Mod / Jan 28 KASB Modaraba(KASBM)	2.23 ▲ 0.12 (5.69%)
Nimir Ind.Chem. / Jan 28 Nimir Industrial Chemicals Limited(NICL)	107.95 ▲ 4.95 (4.81%)
Pakistan Cables / Jan 28 Pakistan Cables Limited(PCAL)	167.00 ▲ 5.00 (3.09%)
Kohinoor Spining / Jan 28 Kohinoor Spinning Mills Limited(KOSM)	4.48 ▲ 0.12 (2.75%)
Next Capital / Jan 28 Next Capital Limited(NEXT)	9.50 ▲ 0.20 (2.15%)
Nimir Resins / Jan 28 Nimir Resins Limited(NRSL)	16.32 ▲ 0.34 (2.13%)
Nishat ChunPow / Jan 28 Nishat Chunian Power Limited(NCPL)	16.55 ▲ 0.27 (1.66%)

Stock	Price
Pak Gen.Ins. / Jan 28 The Pakistan General Insurance Co. Ltd.(PKGI)	3.85 ▲ -0.40 (-9.41%)
Jauharabad Sug / Jan 28 Jauharabad Sugar Mills Limited(JSML)	18.00 ▲ -0.44 (-2.39%)
First Pak Mod. / Jan 28 First Pak Modaraba(PAKMI)	3.11 ▲ -0.04 (-1.27%)
Oil & Gas Dev. / Jan 28 Oil & Gas Development Company Limited(OGDC)	86.80 ▲ -0.15 (-0.17%)
Pak Oilfields / Jan 28 Pakistan Oilfields Limited(POL)	392.50 ▲ -0.40 (-0.10%)
Pioneer Cement / Jan 28 Pioneer Cement Limited(PIOC)	86.49 ▲ -0.02 (-0.02%)
Allied Bank / Jan 28 Allied Bank Limited(ABL)	89.00 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 28 Abbott Laboratories (Pakistan) Limited(ABOT)	719.89 ▼ 0.00 (0.00%)
Artistic Denim / Jan 28 Artistic Denim Mills Limited(ADMM)	87.00 ▼ 0.00 (0.00%)
Ados Pakistan / Jan 28 Ados Pakistan Limited(ADOS)	26.75 ▼ 0.00 (0.00%)

Stock	Volume
Hum Network / Jan 28 Hum Network Limited(HUMNL)	13,855,000 ▼ 0.00
Engro Fert. / Jan 28 Engro Fertilizers Limited(EFERT)	7,533,167 ▼ 0.00
Ghani Glo Hol / Jan 28 Ghani Global Holdings Limited(GGL)	7,333,000 ▼ 0.00
Telecard Limited / Jan 28 Telecard Limited(TELE)	3,553,000 ▼ 0.00
TRG Pak Ltd / Jan 28 TRG Pakistan Limited(TRG)	3,287,516 ▼ 0.00
Al-Shaheer Corp / Jan 28 Al Shaheer Corporation Limited(ASC)	3,160,500 ▼ 0.00
WorldCall Telecom / Jan 28 Worldcall Telecom Limited(WTL)	2,994,500 ▼ 0.00
Dost Steels Ltd. / Jan 28 Dost Steels Limited(DSL)	2,963,000 ▼ 0.00
D.S. Ind. Ltd. / Jan 28 D.S. Industries Limited(DSIL)	2,646,000 ▼ 0.00
Unity Foods Ltd / Jan 28 Unity Foods Limited(UNITY)	2,511,042 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 28	177.00
USD PKR Interbank Buying / Jan 28	176.90
USD to Japanese Yen / Jan 28	115.36
USD to Swiss Franc / Jan 28	0.93
Pound Sterling to USD / Jan 28	1.34
Euro to USD / Jan 28	1.11
UK LIBOR % / Jan 28	0.08

Stock	Volume
S&P 500 / Jan 28	4326.51
India Sensex / Jan 28	57276.94
Tokyo Nikkei / Jan 28	26170.30
Nasdaq / Jan 28	13352.79
Hang Seng / Jan 28	23807.00
FTSE 100 / Jan 28	7554.31
Dow Jones / Jan 28	34160.78
Germany DAX 30 / Jan 28	15524.27
France CAC40 / Jan 28	7023.80

Item	Value
Crude Oil / Jan 28	87.44
Karachi Cotton Assoc. / Jan 28	19480.00
Gold 10 Grams / Jan 28	106740.00
Gold Spot / Jan 28	1796.43
Cotton / Jan 28	121.63

auto sector

Most Popular Articles