Trends - Auto financing - Business Recorder

Auto financing

Pump your breaks

For the first time in over 2 years, net borrowing for auto financing has become positive implying that banks have...

Published 23 Oct, 2024 08:39am

BR Research

Taking a break

It has been over 2 years—25 months to be exact—since net bank loans for consumer vehicles turned crimson. This...

Published 26 Aug, 2024 08:10am

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

Auto financing portfolio drops for fifth straight month

Amount of outstanding auto financing decreased for the fifth consecutive month at the end of November, data released...

Published 12 Jan, 2023 07:09pm

Business & Finance

Import restrictions on CKD auto parts: car assemblers operating ‘just 5-9 days per month’

PAMA urges government to ease import restrictions

Published 21 Sep, 2022 07:34pm

Business & Finance

Auto financing falls in August

Outstanding consumer financing for transport, which includes purchase of cars etc, stood at Rs353 billion as of...

Published 20 Sep, 2022 04:01pm

BR Research

Auto financing fades!

Car buyers are seemingly no longer knocking on bank doors for auto loans given the upward trajectory of interest...

Published 27 Jun, 2022 09:25am

Business & Finance

Auto financing for consumers: SBP reduces loan tenure as import bill bites

As the country battles a bulging import bill, the State Bank of Pakistan (SBP) reduced on Tuesday the consumer...

Published 24 May, 2022 02:30pm

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

Business & Finance

Auto financing drops marginally month-on-month

Amounts to Rs352bn at end of January 2022

Updated 19 Feb, 2022 08:15pm

Looking Back 2021

Autos: New Year (warning) bells

December numbers are not available yet, but by November, cumulative auto sales (including passenger cars, LCVs and...

Published 30 Dec, 2021 07:16am

Business & Finance

Auto financing in Pakistan reaches Rs349bn, but growth slows

Auto financing in Pakistan maintained its upwards trajectory, reaching an all-time high at Rs349 billion in November...

Published 21 Dec, 2021 05:34pm

Pakistan

Auto-financing: SCB, TPL Trakker collaborate

KARACHI: Standard Chartered Bank (Pakistan) has partnered with TPL Trakker for Tracking, Telematics, Mapping and...

Published 17 Nov, 2021 04:22am

BR Research

Auto financing: SBP’s surgical strike!

Economic managers in the country are putting their heads together to try and curtail growing imports. The first line...

Published 30 Sep, 2021 07:25am

BR Research

INDU: Profits in a pandemic!

Indus Motor (PSX: INDU) is no longer in lockdown—whether it is from the government instated shutters-down on...

Published 30 Apr, 2021 07:35am

Business & Finance

Auto Financing in Pakistan reach a record high of of Rs285bn in March 2020

Auto financing in the country has also witnessed an all time high with a monthly increase of Rs 12 billion during the month of March 2021.
This increase in car financing can be attributed to a decrease in interest rates to 7 percent in March 2021 as compared to 13.5 in the same month last year.

Updated 21 Apr, 2021 07:59pm

BR Research

New ways of the new age

This car financing mode has proven to be successful in giving more and more people from different socio-economic classes the power of buying and eventually owning a new car.
One of the major automobile OEM is offering special financing deal on All New Alto AGS & WagonR VXL, you will be saving up to Rs. 159,577* on the complete amount.

Updated 10 Mar, 2021 02:26pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

Markets →

Budget 2024-25: income tax calculator for FY25

Auto financing

Most Popular