IMC CEO receives ICAP’s award KARACHI: Chief Executive, Indus Motor Company (IMC) Ali Asghar Jamali has been honored with the Business Leaders... Published 10 May, 2024 04:17am
Business & Finance IMC earns Rs9.41bn profit after tax in nine months of FY24 KARACHI: Indus Motor Company (IMC) announced its financial results for the nine-month period ending March 31, 2024,... Published 30 Apr, 2024 03:43am
Business & Finance Indus Motor Company’s profit jumps 38%, amounts to Rs4.45bn in Jan-Mar Indus Motor Company (IMC) reported on Monday a profit of Rs4.45 billion for the three-month ended March 31, 2024, an... Updated 29 Apr, 2024 09:25pm
Business & Finance IMC gets compliant corporate taxpayer award KARACHI: Indus Motor Company (IMC) has recently been conferred with the “Compliant Corporate Taxpayer” Award by... Published 05 Apr, 2024 04:50am
Business & Finance After launching hybrid, Indus Motor introduces cheaper, petrol variants of Corolla Cross Gasoline vehicles priced at Rs8.199mn and Rs8.899mn Updated 22 Mar, 2024 09:53pm
Business & Finance Indus Motor reduces Toyota Yaris prices in Pakistan by up to Rs133,000 Indus Motor Company, the maker of Toyota cars in Pakistan, announced on Thursday a price reduction for its Yaris... Updated 14 Mar, 2024 09:23pm
Markets Car sales in Pakistan surge 57% YoY in February However, during first eight months of fiscal year 2024, total car sales stood at 59,699 units, a 41% decline compared to the same period last year when sales stood at 101,426 units Updated 12 Mar, 2024 10:35pm
Markets Indus Motor temporarily halts production citing inventory shortage Company to close its plant from March 6 to March 11 Updated 06 Mar, 2024 03:07pm
Business & Finance Indus Motor Company to invest Rs3bn ‘for additional localization’ of parts, components In a key development for the country’s auto sector, Indus Motor Company Limited (INDU) announced that its board has... Updated 22 Feb, 2024 03:36pm
Business & Finance Indus Motor posts 89% higher profit of Rs4.96bn in 1HFY24 Indus Motor Company (IMC) reported on Thursday a profit of Rs4.96 billion for the half-year ended December 31, 2023,... Published 22 Feb, 2024 11:30am
Perspectives Auto sector in 2023: advent of EVs and hybrids in Pakistan The year 2023 signaled a downward spiral for the auto sector. For about half the year, there were restrictions from... Published 02 Jan, 2024 05:09pm
Business & Finance Toyota Pakistan’s chief says 50% of Corolla Cross value comes from localised parts Indus Motor Company, the assembler of Toyota vehicles in Pakistan, has recently launched its Hybrid Electric Vehicle... Published 20 Dec, 2023 09:00pm
Business & Finance Landmark achievement: IMC holds line-off ceremony for first locally-made HEV KARACHI: In a landmark event for the Pakistani automotive industry, Indus Motor Company (IMC) held line-off ceremony... Updated 07 Dec, 2023 09:41am
Business & Finance Indus Motor Company lines-off Pakistan’s first 1800cc hybrid EV Indus Motor Company (IMC) lined-off the 4th generation Toyota Corolla Cross Hybrid Electric Vehicle (HEV) at a... Published 06 Dec, 2023 07:10pm
Print 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
Business & Finance Q1 IMC PAT soars to Rs3.216bn KARACHI: The Indus Motor Company (IMC), announced its financial results for the first quarter ended September 30,... Published 28 Oct, 2023 05:58am
Business & Finance Indus Motor Company posts profit of Rs3.22bn in July-September, 148% higher YoY Indus Motor Company (IMC) reported on Friday a profit of Rs3.22 billion for the quarter ended September 30, 2023, an... Updated 27 Oct, 2023 10:55pm
Business & Finance Govt, auto sector appear ‘close to resolving manufacturing certificate’ issue OEMs' licence expired at the end of September, and has not yet been renewed due to companies missing the 2% export target in FY23 Published 26 Oct, 2023 06:50am
Business & Finance As high as Rs1.31mn: Indus Motor announces significant reduction in Toyota car prices Rates reduced in range of 2 to 8% following rupee's recent appreciation against US dollar Updated 24 Oct, 2023 06:54pm
Business & Finance IMC production plant to remain shut till Nov KARACHI: The Indus Motor Company (IMC) Limited, a prominent auto assembler in Pakistan, has shut its production ... Published 20 Oct, 2023 05:17am
Business & Finance Pakistan’s auto industry seeks ‘remission’ after failing to meet export target during FY23 Manufacturing Certificate of all OEMs is due to expire on Sept 30, and would have been renewed if export target had been met Published 28 Sep, 2023 06:47am
Business & Finance Indus Motor Company announces another plant shutdown Indus Motor Company (IMC), the assembler of Toyota vehicles in Pakistan, has once again announced that it will shut... Published 27 Sep, 2023 04:22pm
Business & Finance IMC wins ‘Environment Excellence Award’ KARACHI: The Indus Motor Company (IMC) received the Environment Excellence Award at the 20th Annual Environment... Published 19 Sep, 2023 06:31am
Business & Finance Pakistan’s car sales jump 49% MoM in August Car sales in Pakistan witnessed an increase of 49% on a month-on-month (MoM) basis in August 2023, clocking in at... Published 11 Sep, 2023 08:37pm
Business & Finance 2023 a challenging year for automotive industry: ‘Major OEMs are experiencing 55pc drop in volumes’ KARACHI: The financial year 2023 has brought significant challenges to Pakistan’s automotive industry, with original... Updated 09 Sep, 2023 09:29am
Business & Finance Import of used cars crippling local auto industry: IMC chief LAHORE: Chief Executive Indus Motor Company (IMC), Ali Asghar Jamali has lamented that total used car imports have... Published 07 Sep, 2023 06:21am
Business & Finance IMC hasn’t announced layoffs despite 55pc cut in production: CEO KARACHI: Chief Executive Officer, Indus Motor Company (IMC), Ali Asghar Jamali has said that despite registering a... Published 31 Aug, 2023 06:00am
Business & Finance Indus Motor counting on its hybrid Corolla Cross as petrol prices hit record high KARACHI: Indus Motor Company, the maker of Toyota-brand vehicles in Pakistan, is betting on its upcoming hybrid car,... Updated 30 Aug, 2023 08:03pm
Business & Finance Indus Motor Company’s profit falls 39% YoY to Rs9.66bn in FY23 Company declares final cash dividend of Rs29 per share Updated 28 Aug, 2023 10:10pm
Business & Finance Indus Motor announces another plant shutdown Indus Motor Company (IMC), the assembler of Toyota vehicles in Pakistan, has once again announced that it will shut... Published 20 Jul, 2023 09:42pm
