Trends - Car - Business Recorder

Car

Car dealers demand cut in taxes

MULTAN: All Pakistan Car Dealers Association (APCDA) demanded of government to reduce duties, taxes, and ...

Published 15 Apr, 2024 03:56am

Business & Finance

Thai Feb car output drops 19.3% y/y on EV imports, lower pickup truck sales

BANGKOK: Car production in Thailand fell 19.28% in February from a year earlier to 133,690 units, the Federation of...

Published 26 Mar, 2024 10:29am

BR Research

Bad romance

In the last recorded quarter (Jun-23), none of the three listed automotive assemblers in Pakistan was in losses,...

Published 13 Oct, 2023 08:52am

Pakistan

6 killed as car plunges into ravine in Lower Kohistan

KOHISTAN: At least six people were killed and four others were injured in an accident on Tuesday when a car...

Published 28 Jun, 2023 06:31am

Business & Finance

Lucky Motor raises KIA car prices

Lucky Motor Company (LMC) passed on the impact of recent increase in sales tax from 18% to 25% on KIA vehicles...

Published 11 Mar, 2023 08:32pm

Markets

Indus Motor Company jacks up Toyota car prices yet again

Cheapest variant of Yaris priced at Rs4.499 million

Updated 11 Mar, 2023 08:33pm

Opinion

The scourge of ‘ON’

Where other countries have graduated their automobile industry from assembling to manufacturing, and progressively...

Published 08 Feb, 2023 07:01am

BR Research

Car drought

Volumes across the automotive industry (excluding Kia and Changan) have dropped 38 percent in the first half of the...

Published 16 Jan, 2023 09:27am

Pakistan

89 people deprived of vehicles in federal capital

ISLAMABAD: The federal capital witnessed an increase in the number of car lifting as over 89 people were deprived of...

Published 15 Jan, 2023 04:01am

Business & Finance

Pakistan’s banking sector maintains growth momentum in Q3CY21: SBP

Pakistan banking industry maintained its upward trajectory during Q3CY21, as assets of the sector increased 2.17%...

Published 04 Jan, 2022 01:26pm

Business & Finance

Ford to invest around $300 million to build electric car parts at UK plant

LONDON: Ford said on Monday it would invest up to 230 million pounds ($316 million) to build electric car components...

Published 18 Oct, 2021 02:22pm

Life & Style

Pak Suzuki: the pioneer brings online Certified Used Car Gala to Islamabad, KPK

After the success of its Online Certified Used car gala in Karachi and Lahore, Suzuki Pakistan is now taking this...

Published 14 Oct, 2021 04:40pm

Business & Finance

UK car output slumps as chip shortages bite

LONDON: UK car production slumped 27 percent in August compared with a year earlier on production stoppages, notably...

Published 30 Sep, 2021 11:00am

Life & Style

Suzuki Pakistan: pioneer of online used car gala brings it back to Karachi

After the success of 1st ever online used car gala, Suzuki is all set to launch its 2nd online certified used car...

Updated 23 Sep, 2021 09:17pm

Business & Finance

Honda City's 6th generation officially launched in Pakistan with price starting from Rs2.599 million

Honda Atlas officially launched on Thursday its 6th generation City model in Pakistan with its base variant priced ...

Published 29 Jul, 2021 09:39pm

Technology

Chinese EV Maker Xpeng to raise $1.8b in Hong Kong listing

The people could not be identified as the information was not yet public.

Published 30 Jun, 2021 11:43am

World

Russian instructors committing abuses in CAR, says UN report

UNITED NATIONS: Russian instructors sent to the Central African Republic have carried out “indiscriminate...

Published 29 Jun, 2021 03:24am

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

BR Research

Autos loans: High times!

Although car sales today are still lower than what they used to be in FY19, auto loans are causing a collective gasp...

Updated 21 Apr, 2021 10:44am

BR Research

Autos’ small changes

Latest Large-Scale Manufacturing (LSM) numbers spin a positive tale of recovery for industrial growth in Pakistan; ...

Published 16 Apr, 2021 07:36am

Business & Finance

Indonesia expands tax breaks for sales of bigger cars

Indonesia's gross domestic product contracted for the first time since the 1998 Asian financial crisis last year, by 2.07% with household consumption and investment declining.

Published 02 Apr, 2021 11:16am

Business & Finance

Honda launches advanced self-driving cars in Japan

For now, analysts say automakers are still a long way from a true Level 4 system, in which a car is considered to no longer have a driver, just passengers.

Published 05 Mar, 2021 10:05am

Pakistan

Javed Afridi teases MG3, expected to cost under Rs2 million

MG3 is a 1500cc subcompact hatchback. It is available in the international market in its 2nd generation.
Afridi first asked on twitter to suggest a price for this MG hatchback in Pakistan. Later, he joined the conversation with a price tag of less than Rs2 million.

Published 20 Feb, 2021 03:47pm

Technology

Nissan says 'not in talks with Apple' over autonomous car project

“We are not in talks with Apple,” a Nissan spokeswoman said.
“However, Nissan is always open to exploring collaborations and partnerships to accelerate industry transformation."

Published 15 Feb, 2021 03:39pm

BR Research

Cars circling new base

After a long stretch of inertia, car sales including SUVs and LCVs are coming back full-circle, though overall ...

Published 15 Feb, 2021 07:35am

BR Research

Chines authorities summon Tesla representatives over ‘car security issue’

"Consumers have cited multiple problems, related to unusual accelerations, batteries catching fire, as well as with the remote update system," the regulator said. In October, it was forced to recall almost 30,000 cars in China because of problems with their suspension.

Published 09 Feb, 2021 02:15pm

Markets

Tesla electrifies bitcoin with $1.5 billion bet, car payments pledge

Analysts said the move by one of the world’s best-known companies was liable to prove a game changer for bitcoin.
Musk said a week ago that bitcoin was “on the verge” of being more widely accepted among investors and in December asked if it was possible to do large transactions in the currency.

Updated 08 Feb, 2021 07:33pm

BR Research

Commercial vehicles: Moving slowly

Commercial vehicles—particularly heavy trucks and buses—are not invoking quite the same confidence as passenger...

Published 15 Jan, 2021 07:40am

Business & Finance

UK car sales crash to almost 30-year low

LONDON: British new car sales crashed to the lowest level for almost three decades in 2020, with demand ravaged by...

Updated 07 Jan, 2021 03:39am

Pakistan

Five CTF personnel arrested over student’s death in Islamabad

Usama Nadeem, 21, was returning after dropping off a friend when the incident happened near G-10 Srinagar Highway.
Four CTF personnel including a sub-inspector said to be involved in the incident were arrested.

Published 02 Jan, 2021 04:14pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Petrol/Litre / Apr 23	293.94
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Diesel/Litre / Apr 23	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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