Atlas Honda’s profit up nearly 152% in July-Sept Atlas Honda Limited (ALTH), one of Pakistan’s largest motorcycle manufacturers, saw its profit-after-tax (PAT) jump... Published 23 Oct, 2023 05:14pm
Business & Finance Suzuki here to stay, company reiterates its commitment to Pakistan’s market Suzuki Motor Corporation will continue to invest in Pakistan and ensure that Pak Suzuki serves its customers in... Published 19 Oct, 2023 09:55pm
Pakistan EV giant BYD considering investment in Pakistan, says Dr Ejaz BYD, a Chinese auto conglomerate and the world’s largest electric vehicles (EVs) manufacturer, is considering... Updated 19 Oct, 2023 04:05pm
Business & Finance Honda Atlas shuts production amid supply chain disruptions Honda Atlas Cars Pakistan, a subsidiary of Honda Motor Co., Ltd., Japan, on Wednesday announced a temporary shutdown... Updated 18 Oct, 2023 07:26pm
Business & Finance PSMC announces shutdown of automobile plant Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant. In its... Updated 18 Oct, 2023 05:50pm
Business & Finance MG Motors cuts HS Essence price by Rs600,000 in Pakistan MG Motors has announced Rs600,000 reduction in the price of its model HS Essence, citing rupee’s appreciation... Published 17 Oct, 2023 09:45pm
Business & Finance Indus Motor Company announces month-long plant shutdown Indus Motor Company (IMC), the assembler of Toyota vehicles in Pakistan, has once again announced that it will shut... Published 16 Oct, 2023 04:28pm
Business & Finance Pak Suzuki set to consider delisting from PSX, share price hits upper-limit Board meeting on Oct 19 to review and consider majority shareholder’s intent to purchase all outstanding shares and de-listing under Rule 5.14.1. of listing regulations Updated 12 Oct, 2023 10:51pm
Business & Finance More companies announce temporary shutdowns as economic woes continue Despite the government’s decision to ease restrictions on the approval of Letters of Credit (LCs), Pakistan’s... Updated 02 Oct, 2023 04:02pm
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 Pak Suzuki extends shutdown of motorcycle plant Pak Suzuki Motor Company (PSMC) announced on Thursday that it will extend the shutdown of its motorcycle plant till... Published 14 Sep, 2023 10:53am
BR Research Told you so! Despite a marked decline in automobile volumes over the past year—and a host of demand suppressing factors... Published 14 Sep, 2023 08:54am
Business & Finance New automobile safety standards: PAMA concerned over not being invited to meeting KARACHI: Pakistan Automotive Manufacturers Association (PAMA) has expressed concerns over not being invited to a... Published 14 Sep, 2023 06:07am
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 Pak Suzuki, Agriauto announce shutdown as economic woes bite Feeling the pinch of economic conditions, Pak Suzuki Motor Company (PSMC) and parts-maker Agriauto Industries... Updated 01 Sep, 2023 08:08pm
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
Markets Pak Suzuki bleeds Rs9.68bn as losses in 6MCY23 as finance costs soar Company remained non-operational through much of the period, as it faced inventory shortages Updated 25 Aug, 2023 03:54pm
Business & Finance Pakistan’s Toyota assembler shuts production plant yet again This is Indus Motor’s fifth announcement of production closure this year Published 23 Jun, 2023 05:18pm
Business & Finance Indus Motor Company to launch locally-assembled Hybrd Electric Vehicle next year Top officials disclose development in corporate briefing Published 06 May, 2023 03:37pm
Business & Finance Ghandhara Automobiles announces extension in plant shutdown Ghandhara Automobiles Limited, formerly called Ghandhara Nissan Limited, on Thursday announced to extend the... Updated 04 May, 2023 05:00pm
Business & Finance Honda Atlas extends plant shutdown till May 15 Company’s plant has been shut since March 9, 2023 Updated 28 Apr, 2023 08:41pm
Business & Finance Indus Motor Company announces another plant shutdown Indus Motor Company (IMC), the assembler of Toyota vehicles in Pakistan, has once again decided to shut production... Updated 28 Apr, 2023 05:27pm
Business & Finance Pak Suzuki announces another shutdown, automobile, motorcycle plant to stay closed till May 9 Pak Suzuki Motor Company (PSMC) has once again announced that it will shut its automobile and motorcycle plant until... Published 26 Apr, 2023 04:31pm
Business & Finance Auto sales suffer massive fall of 66% YoY to 9,211 units in March Non-availability of CKD kits, escalating prices, expensive auto financing drive decline on a yearly basis Sales are, however, higher on a monthly basis Published 11 Apr, 2023 07:23pm
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