Car sales surge by 24% YoY in September Backlog deliveries and promotional discounts drive growth Published 10 Oct, 2024 08:22pm
Markets Car sales down 36% MoM in July over budgetary measures Car sales in Pakistan saw a significant month-on-month (MoM) drop in July 2024, plummeting by 36% to 8,589 units,... Updated 12 Aug, 2024 11:06pm
Business & Finance Car sales in Pakistan surge 12% MoM in April Car sales in Pakistan increased 12% on a monthly basis in April 2024, as the total number of units sold in the said... Published 13 May, 2024 11:10pm
Print Local automobile industry in deep trouble: PAMA KARACHI: The local automobile industry, already grappling with myriad of challenges, is now being severely impacted... Updated 27 Mar, 2024 09:34am
Print Locally-made passenger cars: PAMA protests GST hike proposal by govt KARACHI: The Pakistan Automotive Manufacturers Association (PAMA) has strongly protested the government’s proposal... Updated 17 Feb, 2024 09:58am
Markets ‘Cars will become more expensive’: automakers decry hike in sales tax Automakers on Friday lamented the recent government decision to increase sales tax to 25% for the sector, saying the... Published 16 Feb, 2024 09:51pm
Business & Finance Passenger car sales in Pakistan plunge 68% YoY in November Passenger car sales in Pakistan witnessed a steep fall of 68% on a year-on-year (YoY) basis in November 2023, data... Published 11 Dec, 2023 09:11pm
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 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 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 ‘WHT levy based on invoice price’ PAMA voices its concern over budget proposal KARACHI: Local auto assemblers have expressed concerns over a budget proposal for the fiscal year 2023-24, which... Published 03 Jun, 2023 03:52am
Pakistan Honda Pakistan ‘prepares to resume operations’ after months-long closure Company cites improvement in accessibility of trade finance as reason Updated 15 May, 2023 04:13pm
Business & Finance RD abolishment on imported luxury vehicles may hurt local auto industry KARACHI: The government’s decision to terminate regulatory duty (RD) on imported luxury vehicles will likely to... Published 14 May, 2023 03:24am
Markets Indus Motor Company reports profit of Rs3.22bn for Jan-Mar, 37% lower YoY However, on a quarter-to-quarter basis, company's earnings post substantial increase Updated 26 Apr, 2023 06:01pm
Business & Finance Pak Suzuki extends motorcycle plant shutdown till April 28 Pak Suzuki Motor Company (PSMC) has announced its motorcycle plant will remain shut until April 28. The decision was... Updated 13 Apr, 2023 06:18pm
Business & Finance Baluchistan Wheels shuts production till Eid amid drop in sales Baluchistan Wheels Limited (BWHL), a manufacturer of steel wheels for automobiles, has said it will shut production... Updated 07 Apr, 2023 03:17pm
Markets Auto financing dips for eighth consecutive month Factors for the decline include massive hike in car prices, soaring interest rates and plant shutdowns of various assemblers Published 21 Mar, 2023 04:03pm
Business & Finance PAMA, PAAPAM apprise SBP governor about problems facing the auto industry KARACHI: The Pakistan Automotive Manufacturers (PAMA) and the Pakistan Association of Automotive Parts and... Published 03 Feb, 2023 06:17am
Business & Finance PSQCA blamed for ‘stopping creation of new industry’ ISLAMABAD: The Pakistan Standards Quality Control Authority (PSQCA) in its eagerness to generate revenue, is losing... Published 20 Jan, 2023 06:10am
Business & Finance Shirazi elected chairman of PAMA for 2022-23 KARACHI: General body of Pakistan Automotive Manufacturers Association (PAMA) has elected Saquib H Shirazi, ... Published 04 Oct, 2022 05:55am
Print Promotion of electric bikes: PD for formation of inter-ministerial task force to devise mechanism ISLAMABAD: The Power Division has proposed constitution of an inter-ministerial task force to develop comprehensive... Updated 30 Aug, 2022 09:47am
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
Print PAMA concerned at new mechanism introduced by SBP KARACHI: Automotive manufacturers have expressed serious concern over a new mechanism introduced by the State Bank ... Updated 06 Jun, 2022 09:48am
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
Pakistan Cars’ sale surges 53.78pc in nine months ISLAMABAD: Sale of cars during nine months of current fiscal year 2021-22 (Jul-Mar) has surged by 53.78 percent as... Published 13 Apr, 2022 06:03am
Business & Finance Yearly basis: Pakistan's passenger car sales accelerate in 2021 PSMC leads the way with 108% year-on-year growth Published 12 Jan, 2022 02:26pm
Business & Finance Jul-Nov tractor production increases 15pc YoY ISLAMABAD: The production of farm tractors in the country witnessed an increase of 15.07 percent to 22,034 units... Published 30 Dec, 2021 04:39am
Business & Finance Month-on-month: Pakistan's overall auto sales decline 11% in November Data by Pakistan Automotive Manufacturers Association shows sale of passenger cars declined by 12% MoM Updated 14 Dec, 2021 03:30pm
Business & Finance Cars production witnesses 70pc increase in 4 months: PAMA ISLAMABAD: The production of cars in the country has witnessed an increase of 70.86 percent during the first four... Published 22 Nov, 2021 05:31am
Supplements AUTOMOTIVE INDUSTRY IN PAKISTAN: Messages from SHAUKAT FAYYAZ AHMED TARIN Federal Minister for Finance and Revenue, Islamic Republic of Pakistan TEXT: I congratulate Pakistan Automotive Manufacturers Association (PAMA) and Business Recorder for making a joint... Published 12 Sep, 2021 03:56am
3 imported coal-based IPPs to Thar coal: PPIB seeks details of Chinese Ad hoc Working Group on conversion