Trends - Automakers - Business Recorder

Automakers

EV hopes hit by China rare earths curbs

China’s curbs on exports of some rare earth materials and magnets - used in automobiles, cell phones and myriad...

Published 18 Jun, 2025 09:01pm

Business & Finance

India’s Maruti Suzuki cuts near-term EV production amid rare earths crisis

NEW DELHI: Maruti Suzuki has cut near-term production targets for its maiden electric vehicle e-Vitara by two-thirds...

Published 10 Jun, 2025 04:45pm

Business & Finance

India’s EV makers Tata, Mahindra seek to block hybrids in govt fleets, documents show

NEW DELHI: India’s biggest automakers are seeking to block a pollution management body’s attempts to promote hybrid...

Published 30 May, 2025 05:25pm

Business & Finance

S&P lowers outlook on Volvo Cars rating citing US tariffs, competition in China

STOCKHOLM: S&P on Friday lowered the outlook for its BB+ credit rating on Volvo Cars to “negative” from...

Published 30 May, 2025 05:00pm

Technology

Subaru of America increases vehicle prices, citing market conditions

DETROIT: Subaru of America is hiking prices on several models, the company said on Monday, the latest automaker to...

Published 20 May, 2025 07:57am

Business & Finance

India’s car sales to dealers jump nearly 4% in April, industry body says

Indian automakers posted a near 4% jump in sales to dealers in April, led by strong demand for sport utility...

Updated 15 May, 2025 01:58pm

Business & Finance

Honda to make 90% of US sales locally by relocating Mexico, Canada production, Nikkei reports

TOKYO: Honda is considering switching some car production from Mexico and Canada to the United States, aiming for...

Published 15 Apr, 2025 04:50pm

Markets

China delays approval for Geely, BYD investment plans in Latin America, sources say

China is delaying approval for plans by Chinese automakers Geely and BYD to produce cars in Latin America as U.S....

Published 11 Apr, 2025 05:00pm

Business & Finance

Mercedes to develop smart cars for global markets with China’s Hesai lidar

SHANGHAI: Mercedes-Benz will develop smart driving cars for global markets equipped with Hesai’s lidar sensors, a...

Published 12 Mar, 2025 07:26pm

BR Research

Honda’s maybe recovery

Honda Atlas Cars (PSX: HCAR) will soon be ending its marketing year for 2025 having just announced the financial...

Published 23 Jan, 2025 08:32am

BR Research

Autos wrapped

The end of 2024 marks a year that the automobile industry might prefer to forget and despite a positive growth...

Published 09 Jan, 2025 07:29am

Tokyo urges govt to lift import curbs on auto makers

ISLAMABAD: The Japanese government has urged Islamabad to ensure the safety of personnel working on Official...

Updated 09 Jan, 2025 03:08pm

Markets

Automakers drive India’s blue-chips higher

MUMBAI: India’s benchmark indexes rose on the first day of 2025, led by auto stocks that were boosted by a rise in...

Published 02 Jan, 2025 05:56am

Markets

Automakers lead European shares lower

FRANKFURT: European shares slipped on Thursday, with automakers falling on continued jitters over the European...

Published 14 Jun, 2024 06:31am

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

Business & Finance

Automakers urge White House to oppose US Steel sale to Cleveland-Cliffs

WASHINGTON: A group representing major automakers on Friday urged the White House to oppose any effort by steelmaker...

Published 30 Mar, 2024 07:24am

Markets

‘Cars will become more expensive’: automakers decry hike in sales tax

Automakers on Friday lamented the recent government decision to increase sales tax to 25% for the sector, saying the...

Published 16 Feb, 2024 09:51pm

BR Research

Autos: Winter is coming

Warning bells had been wrung. Automakers were keeping shutters down on their production facilities and imported CKD...

Published 13 Dec, 2023 09:09am

BR Research

Autos: Ghosts of markets past

In the days leading up to December, which will mark the end of the calendar year and six months to the fiscal year...

Published 24 Nov, 2023 08:30am

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

World

UAW clinches record Detroit deals

NEW YORK: The United Auto Workers (UAW) said Monday that 64% of workers at the Detroit Three automakers voted to...

Published 21 Nov, 2023 06:02am

Business & Finance

Honda hikes production workers' pay after UAW deals with Detroit Three

Honda Motor said on Friday it was implementing an 11% pay hike for production workers at its US facilities from...

Published 11 Nov, 2023 12:53am

Business & Finance

Japan’s July factory output slumps

TOKYO: Japan’s factory output fell more than expected in July, signalling a rocky start to the second half of the...

Published 04 Sep, 2023 06:21am

BR Research

Autos’ snail speed

After an uptick in volumes during March indicating there may still be appetite left in the market for newly ...

Published 17 May, 2023 09:03am

Opinion

Lithium price slide deepens as China battery giant bets on cheaper inputs

Rare discounts offered by Chinese battery giant CATL to automakers have accelerated a plunge in lithium prices, and...

Published 01 Mar, 2023 06:21am

Business & Finance

Toyota plans to produce 750,000 vehicles globally in February

TOKYO: Toyota Motor Corp on Wednesday said it plans to produce about 750,000 vehicles globally in February. The...

Published 18 Jan, 2023 01:07pm

Business & Finance

Renault group sales fall 5.9% in 2022, Europe order book at record levels

PARIS: Renault group sales in 2022 fell by 5.9% to 2,051,174 vehicles, marking a fourth consecutive annual decline...

Published 18 Jan, 2023 01:05pm

Business & Finance

European auto sales hit three-decade low in 2022: report

PARIS: New vehicle registrations in Europe dropped to their lowest level since 1993 last year as component shortages...

Published 18 Jan, 2023 12:17pm

Business & Finance

Renault and Nissan forgo Dec. 7 announcement of new deal

TOKYO: Automakers Renault and Nissan are set to forgo an announcement on Dec. 7 of a new deal on their restructured...

Published 03 Dec, 2022 10:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	146.09
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
India Sensex / Jun 20	82,408.17
Tokyo Nikkei / Jun 20	38,403.23
Nasdaq / Jun 20	19,447.41
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,774.65
Dow Jones / Jun 20	42,206.82
Germany DAX 30 / Jun 20	23,350.55
France CAC40 / Jun 20	7,589.66

Item	Value
Crude Oil USD/Barrel / Jun 20	74.93
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Gold Spot USD/Ounce / Jun 20	3,368.39
Cotton US¢/pound / Jun 20	66.70
Petrol/Litre / Jun 22	258.43
Diesel/Litre / Jun 22	262.59

Gainers
Losers
Leaders

Stock	Price
The Thal Ind.Corp. / Jun 20 The Thal Industries Corporation Limited(TICL)	356 ▲ 40.99 (13.01%)
Faisal Sp. / Jun 20 Faisal Spinning Mills Limited(FASM)	313.91 ▲ 33.82 (12.07%)
First Elite Cap.Mod / Jun 20 First Elite Capital Modaraba(FECM)	33.53 ▲ 3.42 (11.36%)
Burj Clean Energy Modaraba / Jun 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.90 ▲ 1 (11.24%)
Crescent Fib. / Jun 20 Crescent Fibres Limited(CFL)	50.25 ▲ 5 (11.05%)
Hala Enterprise / Jun 20 Hala Enterprises Limited(HAEL)	25.43 ▲ 2.33 (10.09%)
Shams Textile / Jun 20 Shams Textile Mills Limited(STML)	31.52 ▲ 2.87 (10.02%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Macter Int. Ltd / Jun 20 Macter International Limited(MACTER)	621.82 ▲ 56.53 (10%)

Stock	Price
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.92 ▼ -2.14 (-14.21%)
Sindh Abadgar / Jun 20 Sindh Abadgar's Sugar Mills Limited(SASML)	61.07 ▼ -7.82 (-11.35%)
Nets Internat.Comm. / Jun 20 Nets International Communication Limited(GEMNETS)	41 ▼ -4.9 (-10.68%)
Shadman Cotton / Jun 20 Shadman Cotton Mills Limited(SHCM)	50.28 ▼ -5.59 (-10.01%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.83 ▼ -1239.27 (-10%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	173.06 ▼ -19.23 (-10%)
Sardar Chemical / Jun 20 Sardar Chemical Industries Limited(SARC)	56.21 ▼ -6.24 (-9.99%)
Int. Knit. / Jun 20 International Knitwear Limited(INKL)	20.18 ▼ -2.23 (-9.95%)
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	2.49 ▼ -0.27 (-9.78%)
Calcorp Ltd / Jun 20 Calcorp Limited(CASH)	40.61 ▼ -4.39 (-9.76%)

Stock	Volume
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	42,791,268 ▼ -0.04
TRG Pak Ltd / Jun 20 TRG Pakistan Limited(TRG)	26,664,589 ▼ -4.92
Pervez Ahmed Consultancy / Jun 20 Pervez Ahmed Consultancy Services Ltd.(PASL)	25,526,681 ▼ -0.26
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	24,497,580 ▲ 0.29
K-Electric Ltd. / Jun 20 K-Electric Limited(KEL)	14,445,689 ▲ 0.08
Sui South Gas / Jun 20 Sui Southern Gas Company Limited(SSGC)	13,554,568 ▼ -0.06
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	9,805,036 ▼ -0.27
Dewan Cement / Jun 20 Dewan Cement Limited(DCL)	9,257,161 ▼ -0.86
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	8,867,595 ▼ -0.26
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	8,518,206 ▲ 0.01

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