Trends - car prices - Business Recorder

car prices

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

Business & Finance

Honda Atlas increases car prices by as much as Rs400,000

City's base variant, the 1.2L MT, sees biggest jump in rate, now priced at Rs3,129,000

Updated 26 Mar, 2022 07:29pm

Business & Finance

Overall auto market to contract 10-15% as car prices come under pressure: Indus Motor CEO

KARACHI: Rising freight charges and ongoing rupee depreciation have not only put car prices under pressure, but will...

Updated 22 Mar, 2022 09:57pm

Markets

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (February...

Published 06 Feb, 2022 04:42am

Business & Finance

Pak Suzuki increases car prices 'owing to mini-budget'

Company attributes hike to recent amendments passed by govt

Published 19 Jan, 2022 10:06pm

BR Research

Autos: Calm before the storm

The auto industry has certainly ended the calendar year with a bang. In the cumulative first half of the fiscal ...

Published 14 Jan, 2022 08:01am

BR Research

Autos: Ping-pong!

Volumes in the auto industry are stagnating and will likely stay on this trajectory for the foreseeable future...

Published 20 Dec, 2021 08:14am

Markets

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (November...

Published 28 Nov, 2021 05:38am

BR Research

Autos: The more things change…

The more they remain the same. It was inevitable that car makers would raise prices as their costs increased (price...

Published 17 Nov, 2021 07:44am

BR Research

Car prices: Carrot failure

Car prices are increasing. Assemblers are facing cost pressures due to currency depreciation, increase in commodity...

Updated 10 Nov, 2021 02:07pm

Markets

KIA Lucky Motors increases prices of Sportage, Picanto and Carnival models

Also reveals prices of its newly-launched Stonic

Updated 08 Nov, 2021 10:50pm

BR Research

Suzuki: Balancing Act

After selling more than double of what it did this period last year, Pakistan Suzuki (PSX: PSMC) has certainly ...

Published 29 Oct, 2021 07:40am

Markets

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday ...

Published 12 Sep, 2021 03:55am

Markets

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (July 24,...

Published 25 Jul, 2021 05:20am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Mar 22 Trust Modaraba(TRSM)	1.55 ▲ 0.33 (27.05%)
Pak Gulf Leasing / Mar 22 Pak-Gulf Leasing Company Limited(PGLC)	6.20 ▲ 0.55 (9.73%)
Premier Insurance / Mar 22 Premier Insurance Limited(PINL)	6.80 ▲ 0.55 (8.80%)
Hala Enterprise / Mar 22 Hala Enterprises Limited(HAEL)	6.90 ▲ 0.53 (8.32%)
Bal. Wheel / Mar 22 Baluchistan Wheels Limited(BWHL)	61.38 ▲ 4.28 (7.50%)
Khyber Tex. / Mar 22 Khyber Textile Mills Limited(KHYT)	276.84 ▲ 19.31 (7.50%)
Pak Tobacco / Mar 22 Pakistan Tobacco Company Limited(PAKT)	717.60 ▲ 50.05 (7.50%)
Shield Corp. / Mar 22 Shield Corporation Limited(SCL)	227.90 ▲ 15.90 (7.50%)
Sapphire Fibres / Mar 22 Sapphire Fibres Limited(SFL)	954.79 ▲ 66.61 (7.50%)
Towellers Ltd. / Mar 22 Towellers Limited(TOWL)	219.35 ▲ 15.30 (7.50%)

Stock	Price
Jubilee Spinning / Mar 22 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.92 ▼ -0.49 (-14.37%)
Saritow Spinning / Mar 22 Saritow Spinning Mills Limited(SSML)	4.18 ▼ -0.39 (-8.53%)
First Pak Mod. / Mar 22 First Pak Modaraba(PAKMI)	1.40 ▼ -0.12 (-7.89%)
Samba Bank / Mar 22 Samba Bank Limited(SBL)	7 ▼ -0.60 (-7.89%)
Dawood Equities / Mar 22 Dawood Equities Limited(DEL)	3.81 ▼ -0.32 (-7.75%)
Engro Poly(Pref / Mar 22 Engro Poly(Pref)(EPCLPS)	11.98 ▼ -1.00 (-7.70%)
Siddiqsons Tin / Mar 22 Siddiqsons Tin Plate Limited(STPL)	6.30 ▼ -0.52 (-7.62%)
Balochistan Glass / Mar 22 Balochistan Glass Limited(BGL)	12.30 ▼ -1.00 (-7.52%)
S.S.Oil / Mar 22 S.S.Oil Mills Limited(SSOM)	99.30 ▼ -8.05 (-7.50%)
Pakistan Services / Mar 22 Pakistan Services Limited(PSEL)	1188 ▼ -95.90 (-7.47%)

Stock	Volume
Fauji Cement / Mar 22 Fauji Cement Company Limited(FCCL)	17,466,000 ▼ -0.15
WorldCall Telecom / Mar 22 Worldcall Telecom Limited(WTL)	11,070,759 ▼ -0.01
Thatta Cement / Mar 22 Thatta Cement Company Limited(THCCL)	9,211,500 ▼ -0.26
Fauji Foods Ltd / Mar 22 Fauji Foods Limited(FFL)	7,739,024 ▼ -0.07
Ghani Glo Hol / Mar 22 Ghani Global Holdings Limited(GGL)	5,924,540 ▼ -0.65
Telecard Limited / Mar 22 Telecard Limited(TELE)	5,534,500 ▼ -0.49
Cnergyico PK / Mar 22 Cnergyico PK Limited(CNERGY)	4,848,036 ▼ -0.11
Unity Foods Ltd / Mar 22 Unity Foods Limited(UNITY)	4,691,640 ▼ -0.61
Pak Elektron / Mar 22 Pak Elektron Limited(PAEL)	4,522,500 ▼ -0.47
Hascol Petrol / Mar 22 Hascol Petroleum Limited(HASCOL)	4,470,500 ▼ -0.28

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 22	132.42
USD to Swiss Franc / Mar 22	0.92
Pound Sterling to USD / Mar 22	1.22
Euro to USD / Mar 22	1.08
UK LIBOR % / Mar 21	4.56

Stock	Volume
S&P 500 / Mar 21	4002.87
Nasdaq / Mar 21	11860.11
Dow Jones / Mar 21	32560.60
India Sensex / Mar 22	58214.59
Tokyo Nikkei / Mar 22	27466.61
Hang Seng / Mar 22	19591.43
FTSE 100 / Mar 22	7515.89
Germany DAX 30 / Mar 22	15179.43
France CAC40 / Mar 22	7097.16

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 21	177726
Crude Oil USD/Barrel / Mar 22	69.01
Gold Spot USD/Ounce / Mar 22	1940.41
Cotton US¢/pound / Mar 22	77.98

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