Trends - auto sector - Business Recorder

auto sector

Honda Atlas Cars’ profit-after-tax up 295% YoY in Oct-Dec

Honda Atlas Cars (Pakistan) Limited (HCAR) registered a profit of Rs566.4 million in the quarter ended December 31...

Updated 22 Jan, 2025 10:35pm

Technology

CBUs: Lucky Motor set to launch new KIA electric SUVs in Pakistan

Lucky Motor, the authorised assembler and distributor of KIA-brand vehicles in Pakistan, is set to introduce various...

Published 21 Jan, 2025 11:55pm

Markets

Automart: car prices in Karachi

Rates in the week ended Sunday January 19, 2025

Published 20 Jan, 2025 05:31am

Markets

SUVs take the spotlight as Pakistan car sales soar 69% YoY in December

Car sales in Pakistan surged 69% to 9,820 units in December 2024 as compared to the same month of the last year,...

Updated 14 Jan, 2025 11:51pm

Tokyo urges govt to lift import curbs on auto makers

ISLAMABAD: The Japanese government has urged Islamabad to ensure the safety of personnel working on Official...

Updated 09 Jan, 2025 03:08pm

First shipment of 146 electric buses lands in Islamabad

ISLAMABAD: The first batch of 146 out of 160 electric buses reached Islamabad to provide smooth travel experience to...

Updated 30 Dec, 2024 09:11am

Business & Finance

Month-on-month: car sales in Pakistan down 22% in November due to year-end effect

Car sales in Pakistan fell by 22% month-on-month (MoM) in November 2024, totaling 10,163 units, stated a report by...

Updated 10 Dec, 2024 09:32pm

Business & Finance

Pakistan’s first electric SUV Seres 3 unveiled

KARACHI: Regal Automobiles Industries Limited, a trailblazer in Pakistan’s automotive sector, has made history ...

Published 02 Dec, 2024 06:04am

Business & Finance

Servers crash, data corrupted as cyber-attack hits Dewan Farooque Motors Limited

Dewan Farooque Motors Limited (DFML) said its corporate data “have been corrupted badly” while “IT servers crashed”...

Updated 29 Nov, 2024 10:36pm

Opinion

Aspiring for a thriving automotive sector

It was early morning, with the sweet sound of birds and the freshness of the air. After taking a bath, I opened the...

Updated 28 Nov, 2024 06:46am

Business & Finance

Indus Motor, Ghandhara Tyre temporarily halt production

Amid challenges in the country’s auto sector, including material shortage and operational adjustments, two prominent...

Updated 26 Nov, 2024 08:45pm

Business & Finance

Honda Atlas Cars’ profit-after-tax down 62% YoY in Jul-Sep

Despite an increase in sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) declined...

Updated 22 Nov, 2024 10:50pm

Business & Finance

Six manufacturers to participate in Automechanika Dubai

KARACHI: Six Pakistani exhibitors will present the latest innovations in the auto industry at the renowned...

Published 21 Nov, 2024 07:46am

EV policy draft finalised: minister

ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain on Wednesday announced that the draft...

Updated 21 Nov, 2024 02:37pm

Business & Finance

Sazgar Engineering plans Rs1.5bn land purchase for future expansion

Sazgar Engineering Works Limited (SAZEW), a Pakistani auto manufacturer, has announced plans to purchase land valued...

Updated 14 Nov, 2024 08:52pm

EV charging tariff delay: Govt apathy hits investors and consumers

ISLAMABAD: The government’s apathy towards determination of new tariff to set up Electric Vehicles (EVs) charging...

Updated 14 Nov, 2024 09:23am

Markets

Electric Vehicle policy to be announced by end of November: Tanveer

Minister for Industries and Production Rana Tanveer Hussain said on Wednesday that the Electric Vehicle (EV) Policy...

Updated 06 Nov, 2024 07:10pm

Markets

Indus Motor temporarily halts operations citing inventory shortage

Indus Motor Company (INDU), the manufacturer/assembler of Toyota vehicles in Pakistan, has announced to suspend its...

Updated 28 Oct, 2024 10:16pm

Business & Finance

Indus Motor Company’s profit up 58% at Rs5.09bn in 1QFY25

Indus Motor Company (IMC) reported a profit of Rs5.09 billion for the quarter ended September 30, 2024 (1QFY25), an...

Updated 28 Oct, 2024 12:11pm

Business & Finance

PAAPAM concludes PAPS 2024 successfully

LAHORE: The Pakistan Auto Parts Show (PAPS) 2024, hosted by the Pakistan Association of Automotive Parts and...

Published 28 Oct, 2024 08:05am

Business & Finance

PAAPAM holds pre-show press conference to announce PAPS 2024

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) recently held a...

Published 24 Oct, 2024 06:49am

Business & Finance

Mega Motor inks agreement: BYD vehicles to enter Pakistan

KARACHI: Mega Motor Company, an associated company of The Hub Power Company Limited, has entered into a Master ...

Published 18 Oct, 2024 06:10am

Business & Finance

Pakistan’s Mega Motor secures key partnership with global EV giant BYD

Mega Motor Company (Private) Limited, a subsidiary of The Hub Power Company Limited (HUBCO), has announced a...

Updated 17 Oct, 2024 11:24pm

Business & Finance

eTurbo launches fastest, most economical EV motorcycles

KARACHI: eTurbo Motors has set a new benchmark in Pakistan’s electric vehicle (EV) industry with the launch of the...

Updated 17 Oct, 2024 08:16am

Business & Finance

Pak Suzuki to discontinue its Bolan, launch ‘Every’ in Pakistan

Pak Suzuki Motor Company has formally announced the launch of its new model ‘Every’, ending decades-long production...

Published 11 Oct, 2024 03:31pm

Business & Finance

Regal Automobiles gets nod to manufacture Pakistan’s first electric SUV, price set at Rs8.399mn

Becomes second four-wheel carmaker to receive licence from Engineering Development Board for electric vehicles

Published 07 Oct, 2024 10:08pm

Technology

Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature

KARACHI: Air Link Communication CEO Muzzaffar Hayat Piracha confirmed that the company has imported two units of the...

Updated 04 Oct, 2024 11:01am

Business & Finance

Pakistan’s HUBCO plans to enter lithium mining, battery manufacturing

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), has announced plans to enter...

Updated 30 Sep, 2024 10:53pm

Technology

Attock Petroleum plans to expand network of EV charging stations across Pakistan

Attock Petroleum Limited (APL) has said that it plans to set up further electric vehicle (EV) charging stations...

Published 26 Sep, 2024 02:01pm

Business & Finance

Indus Motor temporarily halts production citing material shortage

Indus Motor Company (INDU) has announced the shutdown of its plant for five days citing low inventory and a shortage...

Updated 25 Sep, 2024 07:05pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	156.57
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.23
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
Nasdaq / Jan 22	20,009.34
Dow Jones / Jan 22	44,156.73
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30
Hang Seng / Jan 23	19,695.88
FTSE 100 / Jan 23	8,544.98
Germany DAX 30 / Jan 23	21,282.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Petrol/Litre / Jan 23	256.13
Crude Oil USD/Barrel / Jan 23	75.19
Gold Spot USD/Ounce / Jan 23	2,754.03
Diesel/Litre / Jan 23	260.95

Gainers
Losers
Leaders

Stock	Price
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10.12 ▲ 1.00 (10.96%)
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	94.44 ▲ 8.59 (10.01%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Olympia Mills / Jan 23 Olympia Mills Limited(OML)	37.04 ▲ 3.37 (10.01%)
Arif Habib Ltd. / Jan 23 Arif Habib Limited(AHL)	72.46 ▲ 6.59 (10.00%)
Dewan Motors / Jan 23 Dewan Farooque Motors Limited(DFML)	46.07 ▲ 4.19 (10.00%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	150.99 ▲ 13.73 (10.00%)

Stock	Price
Nagina Cot. / Jan 23 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	10.92 ▼ -1.21 (-9.98%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	105.20 ▼ -11.20 (-9.62%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Kohat Textile / Jan 23 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Ruby Textile / Jan 23 Ruby Textile Mills Limited(RUBY)	6.67 ▼ -0.62 (-8.50%)
Sana Ind / Jan 23 Sana Industries Limited(SNAI)	28.60 ▼ -2.64 (-8.45%)
Faisal Sp. / Jan 23 Faisal Spinning Mills Limited(FASM)	340.01 ▼ -29.89 (-8.08%)
Calcorp Ltd / Jan 23 Calcorp Limited(CASH)	33.11 ▼ -2.82 (-7.85%)

Stock	Volume
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	141,910,406 ▲ 0.58
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.10
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 2.32
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	35,610,583 ▲ 0.74
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	32,491,903 ▲ 8.59
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.11
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	26,406,513 ▲ 2.50
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	22,103,404 ▲ 0.45
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.76

Markets →

Budget 2024-25: income tax calculator for FY25

auto sector

Most Popular