Trends - car prices - Business Recorder

car prices

Back in gear

As small as Pakistan’s automobile industry is, it has contracted significantly in recent years. By FY24, industry...

Published 08 Apr, 2025 09:04am

Markets

Automart: car prices in Karachi

Rates in the week ended Sunday January 19, 2025

Published 20 Jan, 2025 05:31am

BR Research

Forget FY24

In 2021, buckling under the pressure of a rising import bill, soaring inflation, and shrinking reserves, the State...

Published 12 Dec, 2024 08:37am

BR Research

Auto: A picture of decay

On March 5th, Indus Motors- maker of Toyota cars in Pakistan- announced it will once again be keeping its production...

Published 25 Mar, 2024 08:57am

Markets

25% sales tax: Pak Suzuki increases price of Swift GLX CVT in Pakistan by Rs304,000

Vehicle to now cost Rs5,429,000

Published 11 Mar, 2024 05:13pm

Markets

‘Increased expenses’: Pak Suzuki jacks up car prices by up to Rs180,000

Pak Suzuki has jacked up its car prices by up to Rs180,000, blaming inflation and an increase in its overhead...

Published 01 Mar, 2024 10:27pm

Markets

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Sunday (February...

Published 26 Feb, 2024 05:07am

Business & Finance

PAAPAM opposes proposed hike in ST on automobiles

LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has voiced serious...

Published 25 Feb, 2024 04:51am

BR Research

Auto loans: Zero interest!

Pakistani car buyers, as few they are in sheer number, have often shown considerable resilience over prices,...

Published 20 Dec, 2023 08:59am

Markets

Automart: car prices in Karachi

Rates in the week ended Sunday December 10, 2023

Published 11 Dec, 2023 06:45am

Locally-produced cars: IMC CE lists factors behind high prices

ISLAMABAD: Indus Motor Company (IMC) Chief Executive Ali Asghar Jamali has said issues such as high taxation,...

Updated 09 Nov, 2023 03:59pm

BR Research

Auto: Idle hands

The automotive market—including, passenger cars, light commercial vehicles (LCVs) and SUVs—has shrunk 43 percent...

Published 11 Apr, 2023 08:53am

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

Business & Finance

Another increase: Honda Atlas jacks up car prices by up to Rs1 million

New prices came into effect on March 14

Updated 14 Mar, 2023 08:34pm

BR Research

Auto: Laborious times

Over the past two years, car prices have skyrocketed, some prices surging over 50 percent. The Pakistan Bureau of...

Published 28 Nov, 2022 08:39am

BR Research

INDU: No regrets

Never running out of style, it would seem, Indus Motors (PSX: INDU) bragged an unapologetic earnings growth of 23...

Published 31 Aug, 2022 08:38am

Business & Finance

Pak Suzuki extends automobile plant shutdown citing inventory levels

Motorcycle plant will remain operative, says company
Shutdown of automobile plant extended till August 26

Updated 18 Aug, 2022 05:43pm

Business & Finance

Tracking rupee's movement, Indus Motor Company reduces car prices

Company says rupee's appreciation has made it possible to pass on favourable impact to customers

Updated 16 Aug, 2022 01:28am

Business & Finance

Former PAAPAM chief leaps to defend Pakistan's auto sector

Hashmi says it has created jobs and contributed to govt revenue

Updated 02 Aug, 2022 09:11pm

Business & Finance

Pak Suzuki increases car prices by up to Rs661,000

Swift's GLX CVT variant sees biggest hike

Published 01 Aug, 2022 01:09pm

Business & Finance

Indus Motor Company massively increases car prices across entire lineup

Hikes rates by as much as Rs3.16mn due to rupee depreciation, imposition of taxes

Updated 29 Jul, 2022 11:39pm

BR Research

Dearer cars

Not only have car prices increased; the supply is becoming dearer too. The demand curtailment has yet to be seen;...

Updated 28 Jul, 2022 11:00am

BR Research

HCAR: Just the beginning!

In the first quarter of its marketing year 2023, luxury vehicle assembler, Honda Atlas Cars’ (PSX: HCAR) earnings...

Published 28 Jul, 2022 10:37am

Business & Finance

Lucky Motor Corp massively increases KIA car prices

Citing rupee devaluation, Lucky Motor Corporation (LMC) said that it has jacked up its KIA-brand car prices with...

Updated 19 Jul, 2022 08:38pm

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

BR Research

Autos: Embracing the odds

Car prices are painstakingly high, but demand’s responsiveness to exorbitant pricing of even the most basics of...

Published 13 May, 2022 06:27am

Business & Finance

After Toyota and Honda, Pak Suzuki hikes car prices by as much as Rs129,000

Suzuki Swift's GLX CVT variant sees biggest hike

Published 09 May, 2022 06:09pm

Business & Finance

Honda Atlas increases car prices, delivery time for higher-end Civic stays at nearly 12 months

Company cites 'further increase in FOREX' as reason for passing on impact to the market

Published 01 May, 2022 06:49pm

Business & Finance

Indus Motor Company suspends bookings of all Toyota vehicles in Pakistan

Says currency volatility reason behind decision

Published 08 Apr, 2022 01:16am

Business & Finance

After IMC and Honda, Pak Suzuki jacks up car prices

Newly-launched Swift variant, the GLX-CVT, sees hike of Rs270,000

Published 02 Apr, 2022 12:07pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 17	280.67
USD PKR Interbank Buying / Apr 17	280.47
USD to Japanese Yen / Apr 17	142.33
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.33
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 17	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
India Sensex / Apr 17	78,553.20
Tokyo Nikkei / Apr 17	34,583.29
Nasdaq / Apr 17	16,286.45
Hang Seng / Apr 17	21,395.14
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86

Item	Value
Crude Oil USD/Barrel / Apr 17	64.68
Karachi Cotton PKR/37.32 KG / Apr 17	16,985
Gold 10 Grams PKR / Apr 17	300,068
Gold Spot USD/Ounce / Apr 17	3,326.85
Cotton US¢/pound / Apr 17	67.13
Petrol/Litre / Apr 18	254.63
Diesel/Litre / Apr 18	258.64

Gainers
Losers
Leaders

Stock	Price
S.S.Oil / Apr 18 S.S.Oil Mills Limited(SSOM)	269.05 ▲ 24.46 (10%)
Pak Gulf Leasing / Apr 18 Pak-Gulf Leasing Company Limited(PGLC)	24.08 ▲ 2.19 (10%)
At-Tahur Ltd. / Apr 18 At-Tahur Limited(PREMA)	63.90 ▲ 5.81 (10%)
Gammon Pak / Apr 18 Gammon Pakistan Limited(GAMON)	34.02 ▲ 3.09 (9.99%)
Shakarganj / Apr 18 Shakarganj Limited(SML)	43.69 ▲ 3.94 (9.91%)
Blue-Ex Ltd / Apr 18 Blue-Ex Limited (GEM)(GEMBLUEX)	62 ▲ 5.31 (9.37%)
Pak Gen.Ins. / Apr 18 The Pakistan General Insurance Co. Ltd.(PKGI)	8.77 ▲ 0.73 (9.08%)
Parmount Sp. / Apr 18 Paramount Spinning Mills Limited(PASM)	4.29 ▲ 0.34 (8.61%)
Sunrays Textile / Apr 18 Sunrays Textile Mills Limited(SUTM)	95.85 ▲ 7.58 (8.59%)
Bolan Casting / Apr 18 Bolan Castings Limited(BCL)	113 ▲ 8.94 (8.59%)

Stock	Price
Shaheen Ins. / Apr 18 Shaheen Insurance Company Limited(SHNI)	5.80 ▼ -1.37 (-19.11%)
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	0.87 ▼ -0.2 (-18.69%)
Ask.Gen.Insur. / Apr 18 Askari General Insurance Company Limited(AGIC)	28.70 ▼ -5.44 (-15.93%)
Century Ins. / Apr 18 Century Insurance Company Limited(CENI)	42.35 ▼ -7.47 (-14.99%)
Escorts Bank / Apr 18 Escorts Investment Bank Limited(ESBL)	6.01 ▼ -0.83 (-12.13%)
Crescent Fib. / Apr 18 Crescent Fibres Limited(CFL)	45.25 ▼ -5 (-9.95%)
Service Global Foot / Apr 18 Service GlobalFootwear Limited(SGF)	85.55 ▼ -6.72 (-7.28%)
Sapphire Fibres / Apr 18 Sapphire Fibres Limited(SFL)	1,011.34 ▼ -66.94 (-6.21%)
LSE Financial Serv. / Apr 18 LSE Financial Services Limited(LSEFSL)	18 ▼ -1.02 (-5.36%)
Sec. Inv. Bank / Apr 18 Security Investment Bank Limited(SIBL)	10.49 ▼ -0.56 (-5.07%)

Stock	Volume
Maple Leaf Cement / Apr 18 Maple Leaf Cement Factory Limited(MLCF)	6,823,623 ▲ 1.93
Pak Elektron / Apr 18 Pak Elektron Limited(PAEL)	4,259,474 ▲ 0.58
Sui South Gas / Apr 18 Sui Southern Gas Company Limited(SSGC)	3,230,717 ▲ 0.58
At-Tahur Ltd. / Apr 18 At-Tahur Limited(PREMA)	2,246,440 ▲ 5.81
P.S.O. / Apr 18 Pakistan State Oil Company Limited(PSO)	2,168,027 ▼ -1.52
Bunnys Limited / Apr 18 Bunnys Limited(BNL)	1,922,006 ▲ 0.34
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	1,742,583 ▲ 0.01
Pace (Pak) Ltd. / Apr 18 Pace (Pakistan) Limited(PACE)	1,664,128 ▲ 0.1
Pak Petroleum / Apr 18 Pakistan Petroleum Limited(PPL)	1,608,499 ▲ 0.86
Sui North Gas / Apr 18 Sui Northern Gas Pipelines Limited(SNGP)	1,363,876 ▼ -0.33

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