Trends - automobile industry - Business Recorder

automobile industry

Mixed signals

Consumers say they don’t intend to purchase motor vehicles in the next six months—well, most consumers, not all;...

Published 15 Jan, 2025 07:55am

BR Research

Autos wrapped

The end of 2024 marks a year that the automobile industry might prefer to forget and despite a positive growth...

Published 09 Jan, 2025 07:29am

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

BR Research

Loads Limited

Loads Limited (PSX: LOADS) was incorporated in Pakistan as a private limited company in 1979 and was later converted...

Published 05 Dec, 2024 07:59am

Business & Finance

Honda Atlas plans to enter hybrid cars market at CAPEX of Rs5bn: report

Honda Atlas Cars Limited (HCAR) has shared its plan to soon enter the hybrid market in Pakistan – possibly with the...

Published 25 Jul, 2024 09:19pm

BR Research

Metropolitan Steel Corporation Limited

Metropolitan Steel Corporation Limited (PSX: MSCL) was incorporated in Pakistan as a public limited company in 1955....

Published 19 Jul, 2024 08:02am

BR Research

Being Basic

Automakers have often quoted lofty estimates for auto volumes in Pakistan, citing population growth and demographics...

Published 28 Jun, 2024 07:29am

Opinion

Visionary leadership: the missing ingredient in economic transformation

Henry Ford had a dream to make a car almost anyone could afford to buy. What are the dreams of our entrepreneurs?...

Published 25 Jun, 2024 06:42am

Opinion

Auto industry

Pakistan’s automobile industry is stunted and dysfunctional. Customers must “book” a vehicle and wait upwards of...

Published 29 May, 2024 06:05am

BR Research

Misery meets company

If the worthy reader too cannot keep up with the barrage of news on price cuts being offered by various automobile...

Published 20 May, 2024 08:49am

Business & Finance

PIDE hosts conference titled ‘Revitalising Automobile Industry’

LAHORE: Pakistan Institute of Development Economics hosted a One Day Conference titled ‘Revitalizing Pakistan’s...

Published 20 May, 2024 05:44am

Pakistan

Modern global standards: Speakers raise questions over local automobile industry’s ‘failure’

ISLAMABAD: Speakers at a conference have raised serious questions about the local auto-mobile industry’s failure ...

Published 16 May, 2024 06:29am

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

Business & Finance

In meeting with finance minister, Ambassador Mitsuhiro raises Japanese automakers’ concerns

Ambassador of Japan to Pakistan, H.E. Mitsuhiro Wada, on Tuesday discussed issues being faced by Japanese automakers...

Updated 26 Mar, 2024 06:33pm

Business & Finance

After Indus Motor, Honda Atlas reduces City’s prices in Pakistan

Honda Atlas Cars announced on Friday a price reduction of up to Rs140,000 on two of its City variants on Friday,...

Updated 15 Mar, 2024 08:02pm

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

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

KIA decreases Sportage prices in Pakistan

Low demand, competition from Corolla Cross seen as reasons for decrease in price

Published 04 Mar, 2024 05:57pm

Seizure of commercial consignment: Pakistan condemns India’s high- handedness

ISLAMABAD: Pakistan on Saturday strongly condemned India’s high handedness in seizure of commercial goods by a...

Published 03 Mar, 2024 02:55am

BR Research

Loads Limited

Loads Limited (PSX: LOADS) was incorporated in Pakistan as a private limited company in 1979 and was later converted...

Published 01 Nov, 2023 08:37am

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

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

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

Hyundai Motor to exit Russia, selling its plants

SEOUL: South Korea’s Hyundai Motor Co plans to exit Russia and sell its manufacturing plants there to a Kazakh...

Published 26 Apr, 2023 08:41pm

BR Research

Loads Limited

Loads Limited (PSX: LOADS) was incorporated in Pakistan as a private limited company in 1979 and was later converted...

Published 17 Apr, 2023 08:38am

Supplements

Automobile industry & accessories

TEXT: President SAARC Chamber of Commerce &?Industry, Former Chairman, United Business Group (UBG), Former...

Published 16 Mar, 2023 06:01am

Business & Finance

Car sales drop to 31-month low in Pakistan

Amount to 10,867 units in January 2023 after 36% month-on-month drop

Published 13 Feb, 2023 10:11pm

Opinion

Sinking revenues and IMF conditionalities

The International Monetary Fund (IMF) and Pakistani authorities have been unable to reach a staff-level agreement...

Published 11 Feb, 2023 05:57am

Opinion

The scourge of ‘ON’

Where other countries have graduated their automobile industry from assembling to manufacturing, and progressively...

Published 08 Feb, 2023 07:01am

BR Research

Autos: Down but never out

Last month in Oct-22, the automobile industry was selling an average of 11,000 units per month in the course of the...

Published 19 Dec, 2022 08:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	155.74
USD to Swiss Franc / Jan 17	0.91
Pound Sterling to USD / Jan 17	1.22

Stock	Volume
S&P 500 / Jan 16	5,937.34
Nasdaq / Jan 16	19,338.29
Dow Jones / Jan 16	43,153.13
India Sensex / Jan 17	76,671.81
Tokyo Nikkei / Jan 17	38,451.46
Hang Seng / Jan 17	19,567.81
FTSE 100 / Jan 17	8,477.94
Germany DAX 30 / Jan 17	20,852.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 16	18,785
Gold 10 Grams PKR / Jan 16	241,941
Crude Oil USD/Barrel / Jan 17	79.09
Gold Spot USD/Ounce / Jan 17	2,713.02
Cotton US¢/pound / Jan 17	67.05
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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