Trends - auto sector - Business Recorder

auto sector

Second hike in two weeks: Honda Atlas jacks up car prices by up to Rs550,000

New prices came into effect on February 4, 2023

Updated 06 Feb, 2023 04:23pm

Business & Finance

GM profits rise after record quarter in North America

NEW YORK: General Motors rode a strong performance in North America to higher fourth-quarter profits and said ...

Published 06 Feb, 2023 07:27am

Markets

Automart: car prices in Karachi

Rates in the week ended Saturday February 04, 2023

Published 05 Feb, 2023 03:10am

Business & Finance

Likely output dip in Feb, Mar: Indus Motor offering full refund with interest to customers

KARACHI: Amid the current economic crisis, Indus Motor Company (IMC) is offering a full refund with interest to its...

Updated 04 Feb, 2023 10:17am

Business & Finance

GM reports higher quarterly profit, expects strong earnings in 2023

DETROIT: General Motors Co on Tuesday reported a higher quarterly net income for the fourth quarter, and forecast...

Published 31 Jan, 2023 06:19pm

Business & Finance

Indus Motor to shut down plant for two weeks

Company cites inventory shortage as reason for shutting down plant from Feb 1-14

Published 31 Jan, 2023 02:41pm

Markets

Automart: car prices in Karachi

Rates in the week ended Saturday January 28, 2023

Published 29 Jan, 2023 03:15am

Business & Finance

FBR seeks to raise FED on motor vehicles

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to raise the federal excise duty (FED) on imported and...

Updated 28 Jan, 2023 08:42am

Markets

Automart: car prices in Karachi

Rates in the week ended Saturday January 21, 2023

Published 22 Jan, 2023 03:08am

Opinion

Why are interest rates expected to rise?

It’s that time again when speculation over the State Bank of Pakistan’s (SBP’s) monetary policy stance starts to...

Updated 21 Jan, 2023 07:57am

Business & Finance

PSQCA blamed for ‘stopping creation of new industry’

ISLAMABAD: The Pakistan Standards Quality Control Authority (PSQCA) in its eagerness to generate revenue, is losing...

Published 20 Jan, 2023 06:10am

Business & Finance

Dewan Motors displays ‘BMW’s first-ever electric premium Sedan i7’

KARACHI: Dewan Motors (Pvt) Limited has showcased BMW’s first-ever electric premium Sedan i7 in Karachi. Dewan...

Published 19 Jan, 2023 05:58am

Jul-Nov LSMI output declines 3.58pc YoY

As per provisional Quantum Index numbers (QIM) of the Large Scale Manufacturing Industries, the LSMI output decreased by 5.49 percent for November 2022

Updated 18 Jan, 2023 08:55am

Perspectives

Summing up one of Pakistan's worst economic crisis

Pakistan’s economy is currently passing through one of its worst phases in history, as the cash-strapped country...

Updated 18 Jan, 2023 10:47am

Govt makes three financing models for e-bikes

ISLAMABAD: The government has reportedly prepared three different financing structures to provide E-Bikes to...

Updated 17 Jan, 2023 08:55am

Markets

Automart: car prices in Karachi

Rates in the week ended Saturday January 14, 2023

Published 15 Jan, 2023 04:01am

Business & Finance

Refund ‘suspension’: Paapam says tractor parts-manufacturing SMEs facing severe liquidity crunch

LAHORE: At least 300 tractor parts manufacturing SMEs have been forced to shut their units amidst a total crash in...

Published 13 Jan, 2023 07:02am

Business & Finance

December: Car sales fall 38% year-on-year owing to import restrictions

Experts see bumpy first half of 2023 for Pakistan’s auto sector

Published 11 Jan, 2023 08:09pm

Govt criticised for allowing import of luxury cars

KARACHI: The value-added textile exporters on Monday slammed the coalition government of Pakistan Democratic...

Updated 10 Jan, 2023 09:06am

Business & Finance

Car making components: FBR to charge 15pc duty on import

ISLAMABAD: The Federal Board of Revenue (FBR) will charge 15 percent customs duty on the import of components for...

Updated 10 Jan, 2023 09:03am

Business & Finance

Tesla, other EV rivals absorb costs as China pulls plug on subsidy

SHANGHAI: China’s decision to end a more than decade-long subsidy for electric vehicle purchases has forced...

Published 09 Jan, 2023 06:00am

Business & Finance

Tesla cuts prices in China

SHANGHAI: Tesla cut prices in China for the second time in less than three months on Friday, fuelling forecasts of a...

Published 09 Jan, 2023 06:00am

Business & Finance

GM reclaims US auto sales top spot from Toyota

BENGALURU: General Motors Co on Wednesday posted a 2.5% rise in US new vehicle sales in 2022, outselling Toyota ...

Published 09 Jan, 2023 06:00am

Markets

Automart: car prices in Karachi

Rates in the week ended Saturday January 07, 2023

Published 08 Jan, 2023 03:48am

Opinion

Renault considers making mass-market EVs in India

Renault is considering building a mass-market electric vehicle in India, two people with knowledge of the ongoing...

Published 07 Jan, 2023 06:00am

Opinion

At CES tech mega-show, driverless cars show promise, limitations

Crowds of techies will descend on Las Vegas this week for the annual CES technology mega-show, but one innovation ...

Published 05 Jan, 2023 05:58am

Aluminium waste, auto-parts scrap: Customs classification body imposes 30pc duty

ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) has imposed 30 percent customs...

Updated 05 Jan, 2023 08:55am

Pakistan

Bleak times ahead for Pakistan’s manufacturing sector

Expert says temporary shutdown seems to be the only available option at the moment

Updated 04 Jan, 2023 04:40pm

Toyota’s Indian unit warns of a possible customer data breach

NEW DELHI: A data breach at Toyota Motor’s Indian business might have exposed some customers’ personal...

Updated 02 Jan, 2023 08:43am

Markets

Automart: car prices in Karachi

Rates in the week ended Saturday December 31, 2022

Published 01 Jan, 2023 03:14am

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Co / Feb 7 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.82 ▲ 0.16 (24.24%)
HBL Invest Fund / Feb 7 HBL Investment Fund(HIFA)	1.99 ▲ 0.34 (20.61%)
Oilboy Energy / Feb 7 Oilboy Energy Limited(OBOY)	7 ▲ 1.00 (16.67%)
Pak Gen.Ins. / Feb 7 The Pakistan General Insurance Co. Ltd.(PKGI)	5.65 ▲ 0.67 (13.45%)
P.I.A.C.(A) / Feb 7 Pakistan International Airlines Corp(PIAA)	4.10 ▲ 0.36 (9.63%)
Sui South Gas / Feb 7 Sui Southern Gas Company Limited(SSGC)	11.44 ▲ 0.99 (9.47%)
MetaTech. / Feb 7 MetaTech Health Limited(META)	7.14 ▲ 0.60 (9.17%)
Orient Rental / Feb 7 Orient Rental Mod(ORM)	6.55 ▲ 0.50 (8.26%)
Chashma / Feb 7 Chashma Sugar Mills Limited(CHAS)	64.68 ▲ 4.51 (7.50%)
Din Tex. / Feb 7 Din Textile Mills Limited(DINT)	102.63 ▲ 7.16 (7.50%)

Stock	Price
First Elite Cap.Mod / Feb 7 First Elite Capital Modaraba(FECM)	3 ▲ -0.32 (-9.64%)
Pak Gulf Leasing / Feb 7 Pak-Gulf Leasing Company Limited(PGLC)	6.03 ▲ -0.52 (-7.94%)
Shahtaj Sugar / Feb 7 Shahtaj Sugar Mills Limited(SHJS)	45.53 ▲ -3.69 (-7.50%)
AL-Noor Sugar / Feb 7 Al-Noor Sugar Mills Limited(ALNRS)	57.35 ▲ -4.64 (-7.49%)
Crescent Fib. / Feb 7 Crescent Fibres Limited(CFL)	52.73 ▲ -4.27 (-7.49%)
MCB-ARIF Habib / Feb 7 MCB-Arif Habib Savings and Invest(MCBAH)	21.97 ▲ -1.78 (-7.49%)
Sunrays Textile / Feb 7 Sunrays Textile Mills Limited(SUTM)	137.74 ▲ -11.16 (-7.49%)
Pak Leather / Feb 7 Pak Leather Crafts Limited(PAKL)	18.21 ▲ -1.47 (-7.47%)
Quetta Textile / Feb 7 Quetta Textile Mills Limited(QUET)	14.36 ▲ -1.16 (-7.47%)
Ellcot Spinning / Feb 7 Ellcot Spinning Mills Limited(ELSM)	121 ▲ -8.98 (-6.91%)

Stock	Volume
Pak Petroleum / Feb 7 Pakistan Petroleum Limited(PPL)	21,823,478 ▼ 5.59
Sui North Gas / Feb 7 Sui Northern Gas Pipelines Limited(SNGP)	13,436,569 ▼ 3.03
Oil & Gas Dev. / Feb 7 Oil & Gas Development Company Limited(OGDC)	10,544,849 ▼ 6.44
K-Electric Ltd. / Feb 7 K-Electric Limited(KEL)	8,976,715 ▼ 0.10
Hub Power Co. / Feb 7 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.97
Sui South Gas / Feb 7 Sui Southern Gas Company Limited(SSGC)	7,743,500 ▼ 0.99
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.06
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	5,875,506 ▼ 0.02
Dewan Motors / Feb 7 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.17
P.T.C.L. / Feb 7 Pakistan Telecommunication Company Ltd(PTC)	5,530,500 ▼ 0.39

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 6	277.40
USD PKR Interbank Buying / Feb 6	275.40
USD to Japanese Yen / Feb 6	132.75
USD to Swiss Franc / Feb 6	0.93
Pound Sterling to USD / Feb 6	1.20
Euro to USD / Feb 6	1.07
UK LIBOR % / Feb 3	4.30

Stock	Volume
S&P 500 / Feb 6	4102.30
India Sensex / Feb 6	60506.90
Tokyo Nikkei / Feb 6	27693.65
Nasdaq / Feb 6	11876.41
Hang Seng / Feb 6	21349.17
FTSE 100 / Feb 6	7811.64
Dow Jones / Feb 6	33736.77
Germany DAX 30 / Feb 6	15308.79
France CAC40 / Feb 6	7110.62

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 3	22235
Gold 10 Grams PKR / Feb 3	208500
Crude Oil USD/Barrel / Feb 6	72.87
Gold Spot USD/Ounce / Feb 6	1868.15
Cotton US¢/pound / Feb 6	84.80

auto sector

Most Popular Articles