Local automobile industry in deep trouble: PAMA KARACHI: The local automobile industry, already grappling with myriad of challenges, is now being severely impacted... Updated 27 Mar, 2024 09:34am
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
Markets Automart: car prices in Karachi KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Sunday (February... Published 26 Feb, 2024 05:07am
Business & Finance PAAPAM opposes proposed hike in ST on automobiles LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has voiced serious... Published 25 Feb, 2024 04:51am
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
Opinion Impact of imported used cars on national exchequer I would like to draw your attention to the sudden influx of cheap imported used cars. Though there’s nothing cheap... Published 22 Feb, 2024 06:55am
Print Temporary import, export of vehicles: MoC and FBR lock horns over former’s proposal ISLAMABAD: The Commerce Ministry and the Federal Board of Revenue (FBR) have reportedly locked horns over the... Updated 07 Feb, 2024 09:34am
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 December: high prices, inflation drag auto sales down 66% in Pakistan Car companies saw their sales decline significantly – 66% down in December 2023 when compared to sales in December... Published 11 Jan, 2024 08:28pm
Markets Automart: car prices in Karachi Rates in the week ended Sunday January 07, 2023 Published 08 Jan, 2024 05:23am
Markets Automart: car prices in Karachi KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Sunday (December... Published 01 Jan, 2024 05:40am
Print Zero-rated industrial consumers: Auto sector opposed to provision of power at ‘special’ rates ISLAMABAD: The country’s auto sector has opposed the government’s plan to provide electricity at special rates to... Updated 31 Dec, 2023 07:09pm
Markets Automart: car prices in Karachi Rates in the week ended Monday December 25, 2023 Published 26 Dec, 2023 04:30am
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
Print Ways identified to salvage economy, back businesses Country’s top businessmen urge government to reform Federal Board of Revenue Updated 08 Dec, 2023 10:03am
Business & Finance Landmark achievement: IMC holds line-off ceremony for first locally-made HEV KARACHI: In a landmark event for the Pakistani automotive industry, Indus Motor Company (IMC) held line-off ceremony... Updated 07 Dec, 2023 09:41am
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
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
Print Auto sector: Govt mulling revalidating import quotas of new entrants ISLAMABAD: The government is considering revalidating import quotas of new entrants till June, 30, 2023 in the light... Updated 24 Nov, 2023 09:42am
Markets Chinese auto giant BYD ‘discusses’ Pakistan’s EV sector potential: Board of Investment BYD, a Chinese auto conglomerate and the world’s largest electric vehicles (EVs) manufacturer, discussed Pakistan’s... Updated 23 Nov, 2023 08:12pm
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