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Auto Policy 2016-21: Local car assembling capacity jumps to 0.5m units per year: EDB CEO

ISLAMABAD: Pakistan’s local car assembling capacity per year has increased from 270,000 units to 500,000 within ...

Updated 01 Dec, 2022 11:48am

Business & Finance

Dewan Farooque Motors says it has entered into agreement with KIA Corp to assemble its vehicles in Pakistan

Dewan Farooque Motors Limited (DFML) announced on Monday that it has entered into a Technology License Agreement...

Updated 07 Nov, 2022 06:42pm

Business & Finance

Honda Atlas puts off its plan to launch HR-V in Pakistan

Decision comes as auto industry continues to struggle with restrictions on imports

Published 28 Sep, 2022 08:13pm

Pakistan

Pakistan to construct Pak-Afghan railway track connecting CARs

ISLAMABAD: To connect with the Central Asian Republics (CARs), Pakistan is seriously considering the construction of...

Published 24 Sep, 2022 03:49am

Business & Finance

Auto part vendors want 51% increase in quota for import of CKD parts

Say it will avoid supply chain disruption in auto industry, streamline matters in line with the government’s policy

Updated 17 Sep, 2022 11:03am

BR Research

Baluchistan Wheels Limited

Baluchistan Wheels Limited (PSX: BWHL) was established in 1980 with technical collaboration of GKN Sankey Limited,...

Published 16 Sep, 2022 08:25am

Business & Finance

Pak Suzuki showcases its premium automobiles at PAPS 2022

Pak Suzuki showed its premium automobiles with several features at the 2022 Pakistan International Auto Show (PAPS)...

Published 01 Aug, 2022 04:56pm

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

Business & Finance

Pak Suzuki dismisses rumours over relaunching Mehran

Social media abuzz with rumours company was looking to restart production of vehicle that was discontinued during FY19

Updated 25 Jun, 2022 10:15pm

Land route between Pakistan, Afghanistan, CARs opened

ISLAMABAD: Pakistan has opened the land route for commercial activities with Afghanistan and Central Asian Republics...

Updated 25 Jun, 2022 11:34am

Opinion

No petrol, no cars: Cubans turn to electric transport

There is a new sight on the streets of Havana: increasing numbers of electric vehicles whizzing among the old...

Published 19 Jun, 2022 06:06am

Business & Finance

11th generation Honda Civic: Official delivery time for two variants after 11 months

Multiple dealers confirm Oriel and Turbo RS models will be delivered in February 2023

Published 15 Mar, 2022 11:18pm

Business & Finance

Honda Atlas reveals 'tentative' prices of its 2022 Civic

Will come in three variants with prices going as high as Rs6.149 million

Published 04 Feb, 2022 12:50am

BR Research

Auto policy: poor timing?

The upcoming auto policy carries a mix bag of presents. Some industry players are unhappy. Government and ...

Published 28 Dec, 2021 08:25am

Incentives restricted to new auto companies

ISLAMABAD: The Federal Cabinet has reportedly rejected incentives for existing auto companies on manufacturing of ...

Updated 22 Dec, 2021 09:59am

BR Research

Autos: Seasonality or downturn?

Car sales are certainly performing better than they were last year. In the 5M period, passenger cars, LCVs and SUVs...

Published 16 Dec, 2021 07:20am

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

Toyota Pakistan increases prices on its entire lineup

Indus Motor Company (IMC) CEO confirms price-hike

Updated 10 Nov, 2021 06:55pm

Business & Finance

VavaCars raises $50m in one of Turkey and Pakistan's largest Series B rounds

VavaCars, a Turkey-based online trading platform for buying and selling used cars, has raised $50 million to expand...

Updated 20 Oct, 2021 06:53pm

Business & Finance

Tesla Shanghai to make 300,000 cars despite chip shortage

BEIJING: Tesla Inc's Shanghai factory is expected to produce 300,000 cars in the first nine months of the year,...

Published 27 Sep, 2021 05:51am

BR Research

Love and hate for EVs

The new finance minister came with several concessions in the budget to spur economic activities. However, the party...

Published 24 Sep, 2021 07:25am

Business & Finance

FAW V2 discontinued in Pakistan, say dealers

Al Haj FAW Motors shifting focus to local assembly of Proton Saga

Published 15 Sep, 2021 06:10pm

Opinion

The chips are down: why there's a semiconductor shortage

A shortage of semiconductors has sent shockwaves through the global economy, squeezing supplies of everything from...

Published 02 Aug, 2021 06:02am

Business & Finance

Pakistan targets automobile production of 300,000 in FY22

Minister for Industries and Production Khusro Bakhtiar says govt is prioritizing localisation
Notification of reduced tax and duty cuts to be issued in a day or two

Updated 07 Jul, 2021 04:55pm

BR Research

Incentivizing cars: mixed bag

In a bid to motivate price reductions among locally assembled vehicle, increase automobile market size and promote...

Published 28 Jun, 2021 07:35am

Business & Finance

Lucky Motor Corp issues safety warning to Pakistan's Kia Sportage owners

Customers would need to visit dealership over possible fire hazard issue

Published 19 Jun, 2021 05:34pm

BR Research

An interview with Ali Ahmed Khan, chairman Pakistan Dairy Association (PDA)

“Budget proposes to make cars & cell phones cheaper; nutrition expensive” Ali Ahmed Khan is currently the...

Published 18 Jun, 2021 07:40am

BR Research

EV anxieties

Having big dreams is sexy, but only if there is a plan working quietly in the background to realize them. That’s...

Published 16 Jun, 2021 07:35am

BR Research

Autos: Running late on just-in-time

Whether the dark underworld of pharmaceutical companies has stealthily inserted tracking chips into our bodies...

Published 09 Jun, 2021 07:40am

BR Research

Interview with Mujahid Khan - Country Manager, Vava.Cars

The number of used cars traded in Pakistan every year is only going to grow. Mujahid Khan is the Country Manager ...

Published 07 May, 2021 07:45am

Gainers
Losers
Leaders

Stock	Price
Gatron Ind. / Dec 5 Gatron (Industries) Limited(GATI)	340.77 ▲ 23.77 (7.50%)
Shams Textile / Dec 5 Shams Textile Mills Limited(STML)	30.11 ▲ 2.10 (7.50%)
Pakistan Services / Dec 5 Pakistan Services Limited(PSEL)	926 ▲ 64.26 (7.46%)
Suraj Cotton / Dec 5 Suraj Cotton Mills Limited(SURC)	170 ▲ 11.01 (6.92%)
Orient Rental / Dec 5 Orient Rental Mod(ORM)	6.50 ▲ 0.39 (6.38%)
Kohinoor Textile / Dec 5 Kohinoor Textile Mills Limited(KTML)	50.90 ▲ 2.64 (5.47%)
Premium Textile / Dec 5 Premium Textile Mills Limited(PRET)	719 ▲ 33.89 (4.95%)
Dawood Hercules / Dec 5 Dawood Hercules Corporation Limited(DAWH)	99.90 ▲ 4.37 (4.57%)
Media Times Ltd / Dec 5 Media Times Limited(MDTL)	2.08 ▲ 0.08 (4.00%)
Hala Enterprise / Dec 5 Hala Enterprises Limited(HAEL)	8 ▲ 0.29 (3.76%)

Stock	Price
Dewan Sugar / Dec 5 Dewan Sugar Mills Limited(DWSM)	2.40 ▲ -0.48 (-16.67%)
Habib Ins. / Dec 5 Habib Insurance Company Limited(HICL)	5.81 ▲ -0.84 (-12.63%)
Waves Home Appliances / Dec 5 Waves Home Appliances Limited(WHALE)	8.64 ▲ -0.97 (-10.09%)
Bilal Fibres / Dec 5 Bilal Fibres Limited(BILF)	2.83 ▲ -0.26 (-8.41%)
Mirpurkhas Sugar / Dec 5 Mirpurkhas Sugar Mills Limited(MIRKS)	118.50 ▲ -9.50 (-7.42%)
Masood Textile / Dec 5 Masood Textile Mills Limited(MSOT)	34.72 ▲ -2.78 (-7.41%)
Zahid Jee Textile / Dec 5 Zahidjee Textile Mills Limited(ZAHID)	25.25 ▲ -2.00 (-7.34%)
Bawany Air Products / Dec 5 Bawany Air Products Limited(BAPL)	11.50 ▲ -0.87 (-7.03%)
Hira Textile / Dec 5 Hira Textile Mills Limited(HIRAT)	1.78 ▲ -0.10 (-5.32%)
Agriautos Ind. / Dec 5 Agriauto Industries Limited(AGIL)	90 ▲ -5.00 (-5.26%)

Stock	Volume
Hascol Petrol / Dec 5 Hascol Petroleum Limited(HASCOL)	3,530,000 ▼ 0.00
Waves Home Appliances / Dec 5 Waves Home Appliances Limited(WHALE)	1,869,500 ▼ 0.00
Dewan Motors / Dec 5 Dewan Farooque Motors Limited(DFML)	1,126,000 ▼ 0.00
Oilboy Energy / Dec 5 Oilboy Energy Limited(OBOY)	877,000 ▼ 0.00
Balochistan Glass / Dec 5 Balochistan Glass Limited(BGL)	619,000 ▼ 0.00
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	503,150 ▼ 0.00
TRG Pak Ltd / Dec 5 TRG Pakistan Limited(TRG)	487,226 ▼ 0.00
Ghani Chem. Ind. / Dec 5 Ghani Chemical Industries Limited(GCIL)	482,500 ▼ 0.00
D.S. Ind. Ltd. / Dec 5 D.S. Industries Limited(DSIL)	457,000 ▼ 0.00
Habib Ins. / Dec 5 Habib Insurance Company Limited(HICL)	295,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 5	223.97
USD PKR Interbank Buying / Dec 5	223.49
USD to Japanese Yen / Dec 2	134.31
USD to Swiss Franc / Dec 2	0.94
Pound Sterling to USD / Dec 2	1.23
Euro to USD / Dec 2	1.05
UK LIBOR % / Dec 2	3.82

Stock	Volume
S&P 500 / Dec 2	4071.70
Tokyo Nikkei / Dec 2	27777.90
Nasdaq / Dec 2	11461.50
Hang Seng / Dec 2	18675.35
FTSE 100 / Dec 2	7556.23
Dow Jones / Dec 2	34429.88
Germany DAX 30 / Dec 2	14529.39
France CAC40 / Dec 2	6742.25
India Sensex / Dec 5	62809

Item	Value
Crude Oil USD/Barrel / Dec 2	79.98
Karachi Cotton PKR/37.32 KG / Dec 2	16735
Gold 10 Grams PKR / Dec 2	140175
Cotton US¢/pound / Dec 2	83.20
Gold Spot USD/Ounce / Dec 5	1808.65

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