Trends - car prices - Business Recorder

car prices

Back in gear

As small as Pakistan’s automobile industry is, it has contracted significantly in recent years. By FY24, industry...

Published 08 Apr, 2025 09:04am

Markets

Automart: car prices in Karachi

Rates in the week ended Sunday January 19, 2025

Published 20 Jan, 2025 05:31am

BR Research

Forget FY24

In 2021, buckling under the pressure of a rising import bill, soaring inflation, and shrinking reserves, the State...

Published 12 Dec, 2024 08:37am

BR Research

Auto: A picture of decay

On March 5th, Indus Motors- maker of Toyota cars in Pakistan- announced it will once again be keeping its production...

Published 25 Mar, 2024 08:57am

Markets

25% sales tax: Pak Suzuki increases price of Swift GLX CVT in Pakistan by Rs304,000

Vehicle to now cost Rs5,429,000

Published 11 Mar, 2024 05:13pm

Markets

‘Increased expenses’: Pak Suzuki jacks up car prices by up to Rs180,000

Pak Suzuki has jacked up its car prices by up to Rs180,000, blaming inflation and an increase in its overhead...

Published 01 Mar, 2024 10:27pm

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

BR Research

Auto loans: Zero interest!

Pakistani car buyers, as few they are in sheer number, have often shown considerable resilience over prices,...

Published 20 Dec, 2023 08:59am

Markets

Automart: car prices in Karachi

Rates in the week ended Sunday December 10, 2023

Published 11 Dec, 2023 06:45am

Locally-produced cars: IMC CE lists factors behind high prices

ISLAMABAD: Indus Motor Company (IMC) Chief Executive Ali Asghar Jamali has said issues such as high taxation,...

Updated 09 Nov, 2023 03:59pm

BR Research

Auto: Idle hands

The automotive market—including, passenger cars, light commercial vehicles (LCVs) and SUVs—has shrunk 43 percent...

Published 11 Apr, 2023 08:53am

Business & Finance

Pak Suzuki jacks up its car prices for a fourth time in 2023

Its cheapest model, the Alto VX, is now priced at Rs2.251mn, while its high-end Swift variant is now at Rs4.96mn

Published 05 Apr, 2023 04:54pm

Business & Finance

Another increase: Honda Atlas jacks up car prices by up to Rs1 million

New prices came into effect on March 14

Updated 14 Mar, 2023 08:34pm

BR Research

Auto: Laborious times

Over the past two years, car prices have skyrocketed, some prices surging over 50 percent. The Pakistan Bureau of...

Published 28 Nov, 2022 08:39am

BR Research

INDU: No regrets

Never running out of style, it would seem, Indus Motors (PSX: INDU) bragged an unapologetic earnings growth of 23...

Published 31 Aug, 2022 08:38am

Business & Finance

Pak Suzuki extends automobile plant shutdown citing inventory levels

Motorcycle plant will remain operative, says company
Shutdown of automobile plant extended till August 26

Updated 18 Aug, 2022 05:43pm

Business & Finance

Tracking rupee's movement, Indus Motor Company reduces car prices

Company says rupee's appreciation has made it possible to pass on favourable impact to customers

Updated 16 Aug, 2022 01:28am

Business & Finance

Former PAAPAM chief leaps to defend Pakistan's auto sector

Hashmi says it has created jobs and contributed to govt revenue

Updated 02 Aug, 2022 09:11pm

Business & Finance

Pak Suzuki increases car prices by up to Rs661,000

Swift's GLX CVT variant sees biggest hike

Published 01 Aug, 2022 01:09pm

Business & Finance

Indus Motor Company massively increases car prices across entire lineup

Hikes rates by as much as Rs3.16mn due to rupee depreciation, imposition of taxes

Updated 29 Jul, 2022 11:39pm

BR Research

Dearer cars

Not only have car prices increased; the supply is becoming dearer too. The demand curtailment has yet to be seen;...

Updated 28 Jul, 2022 11:00am

BR Research

HCAR: Just the beginning!

In the first quarter of its marketing year 2023, luxury vehicle assembler, Honda Atlas Cars’ (PSX: HCAR) earnings...

Published 28 Jul, 2022 10:37am

Business & Finance

Lucky Motor Corp massively increases KIA car prices

Citing rupee devaluation, Lucky Motor Corporation (LMC) said that it has jacked up its KIA-brand car prices with...

Updated 19 Jul, 2022 08:38pm

BR Research

Auto financing: Out!

Nothing could be more astonishing than the ability of the Pakistani consumer to absorb the exorbitant increase in ...

Published 16 May, 2022 06:14am

BR Research

Autos: Embracing the odds

Car prices are painstakingly high, but demand’s responsiveness to exorbitant pricing of even the most basics of...

Published 13 May, 2022 06:27am

Business & Finance

After Toyota and Honda, Pak Suzuki hikes car prices by as much as Rs129,000

Suzuki Swift's GLX CVT variant sees biggest hike

Published 09 May, 2022 06:09pm

Business & Finance

Honda Atlas increases car prices, delivery time for higher-end Civic stays at nearly 12 months

Company cites 'further increase in FOREX' as reason for passing on impact to the market

Published 01 May, 2022 06:49pm

Business & Finance

Indus Motor Company suspends bookings of all Toyota vehicles in Pakistan

Says currency volatility reason behind decision

Published 08 Apr, 2022 01:16am

Business & Finance

After IMC and Honda, Pak Suzuki jacks up car prices

Newly-launched Swift variant, the GLX-CVT, sees hike of Rs270,000

Published 02 Apr, 2022 12:07pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 13	143.75
USD to Swiss Franc / Jun 13	0.81
Pound Sterling to USD / Jun 13	1.36
Euro to USD / Jun 13	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
Nasdaq / Jun 12	19,662.48
Dow Jones / Jun 12	42,967.62
India Sensex / Jun 13	81,216.80
Tokyo Nikkei / Jun 13	37,834.25
Hang Seng / Jun 13	23,892.56
FTSE 100 / Jun 13	8,839.41
Germany DAX 30 / Jun 13	23,434.96
France CAC40 / Jun 13	7,687.50

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Petrol/Litre / Jun 13	253.63
Crude Oil USD/Barrel / Jun 13	72.11
Gold Spot USD/Ounce / Jun 13	3,421.89
Diesel/Litre / Jun 13	254.64
Cotton US¢/pound / Jun 13	67.63

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.87 ▲ 0.94 (48.7%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.35 ▲ 0.96 (40.17%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	2.85 ▲ 0.73 (34.43%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.59 ▲ 0.46 (21.6%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Grays Leasing / Jun 13 Grays Leasing Limited(GRYL)	7.50 ▲ 0.89 (13.46%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)
LSE Financial Serv. / Jun 13 LSE Financial Services Limited(LSEFSL)	42.97 ▲ 3.91 (10.01%)

Stock	Price
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-10%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.58 ▼ -4.4 (-10%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.53 ▼ -3.39 (-9.99%)
Reliance Weaving / Jun 13 Reliance Weaving Mills Limited(REWM)	123.76 ▼ -13.74 (-9.99%)
Calcorp Ltd / Jun 13 Calcorp Limited(CASH)	44.15 ▼ -4.85 (-9.9%)
Blue-Ex Ltd / Jun 13 Blue-Ex Limited (GEM)(GEMBLUEX)	59.14 ▼ -6.46 (-9.85%)
Gulistan Sp. / Jun 13 Gulistan Spinning Mills Limited(GUSM)	6.50 ▼ -0.68 (-9.47%)
Hafiz Ltd. / Jun 13 Hafiz Limited(HAFL)	273 ▼ -28 (-9.3%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	107,914,222 ▲ 0.94
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	54,659,776 ▲ 0.05
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	53,174,914 ▲ 0.73
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	20,290,020 ▲ 0.34
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	17,803,129 ▼ -0.28
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	17,790,054 ▲ 0.96
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	16,844,458 ▼ -0.13
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	15,514,943 ▲ 0.14
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	14,946,832 ▼ -0.92
Maple Leaf Cement / Jun 13 Maple Leaf Cement Factory Limited(MLCF)	14,839,374 ▼ -1.4

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