Auto industry Pakistan’s automobile industry is stunted and dysfunctional. Customers must “book” a vehicle and wait upwards... Published 29 May, 2024 06:05am
Business & Finance Honda Atlas Cars’ profit-after-tax rises nearly 800%, clocks in at Rs2.33bn Despite massive decline in sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) rose... Updated 27 May, 2024 07:49pm
Business & Finance Budget FY25: IMC demands govt support local auto industry ISLAMABAD: Chief Executive Indus Motor Company (IMC) Ali Asghar Jamali has said that the local auto industry is in... Published 24 May, 2024 06:40am
Business & Finance MoI&P suspends Engineering Development Board’s CEO ISLAMABAD: The Ministry of Industries and Production (MoI&P) has suspended Engineering Development Board (EDB)... Updated 24 May, 2024 10:14am
Business & Finance Increase in volume base: PSMCL suggests certain policy interventions ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb was called on by a delegation of... Updated 24 May, 2024 08:48am
Business & Finance PIDE hosts conference titled ‘Revitalising Automobile Industry’ LAHORE: Pakistan Institute of Development Economics hosted a One Day Conference titled ‘Revitalizing Pakistan’s... Published 20 May, 2024 05:44am
Pakistan Modern global standards: Speakers raise questions over local automobile industry’s ‘failure’ ISLAMABAD: Speakers at a conference have raised serious questions about the local auto-mobile industry’s failure ... Published 16 May, 2024 06:29am
Business & Finance Car sales in Pakistan surge 12% MoM in April Car sales in Pakistan increased 12% on a monthly basis in April 2024, as the total number of units sold in the said... Published 13 May, 2024 11:10pm
Business & Finance Master Changan Motors to launch Deepal S7 electric vehicles in Pakistan Master Changan Motors Limited (MCML) is set to introduce its first pure electric vehicle brand in Pakistan – Deepal... Published 06 May, 2024 11:28am
Business & Finance Pak Suzuki slashes prices on Swift models KARACHI: Pak Suzuki Motor Company Limited has taken a surprise move, slashing the prices of its popular Swift... Published 03 May, 2024 06:29am
Markets LMC says ‘fully booked’ for KIA Stonic deliveries until September 2024 Lucky Motor Corporation (LMC), the assembler and seller of KIA cars in Pakistan, has announced that it is “fully... Published 02 May, 2024 09:01pm
Business & Finance Pak Suzuki announces up to Rs710,000 price drop for Swift variants In what the company titled “limited time offer”, Pak Suzuki Motor Company announced a price decrease of up to... Updated 02 May, 2024 09:47pm
Business & Finance IMC earns Rs9.41bn profit after tax in nine months of FY24 KARACHI: Indus Motor Company (IMC) announced its financial results for the nine-month period ending March 31, 2024,... Published 30 Apr, 2024 03:43am
Business & Finance Pakistan car sales drop 3% MoM in March Pakistan car sales in March totaled 9,379 units, reflecting 3% decrease compared to the previous month and 1%... Updated 18 Apr, 2024 03:57pm
Print ‘Forced’ export of cars: Japan threatens to move WTO ISLAMABAD: In a surprise move, Japanese government threatened Pakistan to take the case for forcing its three car... Updated 08 Apr, 2024 09:55am
Business & Finance Sazgar commences pre-booking of Haval Jolion HEV latest model Sazgar Engineering Works (SAZEW), a manufacturer of auto rickshaws, has commenced pre-booking of its... Updated 01 Apr, 2024 07:16pm
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
Print 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
