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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

Pakistan

First ever shipment from Pakistan under TIR reaches Tashkent

ISLAMABAD: Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Monday informed that...

Updated 04 May, 2021 09:55am

Opinion

Prospects of increased transshipment trade

Despite having a huge idle capacity at ports Pakistan will still find it difficult to attract transshipment trade...

Published 18 Apr, 2021 03:09am

Business & Finance

Corolla Cross is Finally Open for Bookings

Toyota Indus Motors (IMC) has finally announced that its Corolla Cross is open for bookings.
Corolla Car will also be launched in three variants, i.e., Premium High Grade, Smart Mid Grade, and Low Grade.
Corolla Cross deliveries will start from the 1st of July, 2021.

Updated 13 Apr, 2021 07:22pm

Pakistan

Two children among three killed in cylinder blast

KARACHI: At least three people, including two children and a woman were killed while six others got injured in a...

Updated 08 Apr, 2021 09:13am

BR Research

Suzuki: Half-step forward

The outgoing year has not been kind to Pakistan Suzuki (PSX: PSMC). Throughout 2019, the company struggled to ...

Published 24 Mar, 2021 07:35am

BR Research

Indus Motors in high spirits

After a sobering FY20, Indus Motors (PSX: INDU) is reverting to its past glories by recording a healthy growth in ...

Published 01 Mar, 2021 07:35am

Pakistan

LHC directs Pakistani auto manufacturers to install airbags in all vehicles

"Almost all locally manufactured vehicles have airbags but those priced less than Rs1.5 million do not have this facility,” says PAMA cheif.
Airbags are not manufactured in the country but imported from abroad, he said, adding they need time to implement the court order.

Updated 25 Feb, 2021 05:02pm

BR Research

Commercial Vehicles: Growth (ish)

Over 95 percent of Pakistan’s freight transportation uses the country’s road network—which means, the country...

Published 25 Feb, 2021 07:40am

BR Research

Kia: Play for power

After a fairly exuberant launch and run of Sportage, Grand Carnival and Picanto— the company is selling about...

Published 16 Feb, 2021 07:40am

Pakistan

Imported electric cars meet accident in Nawabshah

The speeding trailer overturned on the national highway near Daulatpur in Nawabshah.
According to the motorway police, the truck was loaded with electric cars imported from Korea.

Updated 12 Feb, 2021 03:27pm

BR Research

Honda shifts gears

Despite the debilitating effects of the covid-19 quarter that sent many a company hurtling into losses—brought on...

Published 04 Feb, 2021 07:40am

Business & Finance

Toyota aims to build record 9.2 million vehicles this year: Nikkei

Toyota is expecting solid sales around the globe this year thanks to the release of coronavirus vaccines.
The automaker has informed its main suppliers of the plan, which reflects sales momentum in China and demand recovery in North America and Japan.

Updated 03 Feb, 2021 04:09pm

Business & Finance

Monthly Passenger Car Sales Drop by 6pc in December 2020

The sale and production of passenger cars in Pakistan has dropped in December 2020, according to the Pakistan Automotive Manufacturers Association (PAMA).
1300 cc and Above contributed the most to this drop in passenger car sales.

Published 18 Jan, 2021 01:19pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
FTSE 100 / Apr 18	7877.05
Dow Jones / Apr 18	37775.38
Germany DAX 30 / Apr 18	17837.40
France CAC40 / Apr 18	8023.26
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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