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car production

Thailand car production drops dropped 25.48% y/y in Sept, federation says

BANGKOK: Car production in Thailand fell 25.48% in September from a year earlier, the Federation of Thai Industries...

Published 24 Oct, 2024 11:05am

Business & Finance

Thailand car production drops 11% y/y in April, domestic sales fall

BANGKOK: Car production in Thailand fell 11.02% in April from a year earlier to 104,667 units, the Federation of...

Published 23 May, 2024 10:57am

Business & Finance

Thailand Nov car production drops 14% y/y, pickup trunk output down

BANGKOK: Car production in Thailand declined 14.1% in November from a year earlier to 163,337 units, on weaker...

Published 20 Dec, 2023 12:13pm

Business & Finance

Pak Suzuki, Agriauto announce shutdown as economic woes bite

Feeling the pinch of economic conditions, Pak Suzuki Motor Company (PSMC) and parts-maker Agriauto Industries...

Updated 01 Sep, 2023 08:08pm

Business & Finance

IMC hasn’t announced layoffs despite 55pc cut in production: CEO

KARACHI: Chief Executive Officer, Indus Motor Company (IMC), Ali Asghar Jamali has said that despite registering a...

Published 31 Aug, 2023 06:00am

Business & Finance

Thailand car production dips 0.13% y/y in April

BANGKOK: Car production in Thailand dropped 0.13% in April from a year earlier to 117,636 units as truck production...

Published 24 May, 2023 09:28am

Iran, Russia and Turkey mull joint car production

TEHRAN: Automobile industry officials from Iran, Russia and Turkey are considering joint car design and manufacture...

Updated 05 Jul, 2022 09:43am

Markets

Toyota to slash production plan, suspend some domestic operation due to COVID lockdown in China

TOKYO: Toyota Motor Corp said on Tuesday it would suspend operations on 14 lines at eight domestic factories for up...

Published 10 May, 2022 05:18pm

BR Research

Auto policy: poor timing?

The upcoming auto policy carries a mix bag of presents. Some industry players are unhappy. Government and ...

Published 28 Dec, 2021 08:25am

BR Research

LSM: Still off the peak

The Large-Scale Manufacturing (LSM) growth is back to the merry ways – registering 12.7 percent year-on-year ...

Published 26 Oct, 2021 07:25am

Business & Finance

Italy car production dives over 37 percent in August

MILAN: Car production in Italy, home to Fiat and Ferrari, plummeted over 37 percent in August on a 12-month...

Published 11 Oct, 2021 11:25pm

LSM sector posts 9pc growth in July-March

ISLAMABAD: During July-March 2021, Large Scale Manufacturing (LSM) sector posted nine percent growth against 5.1...

Published 11 Jun, 2021 03:41am

Business & Finance

Volkswagen Plant Construction to start in Pakistan

Construction of the Volkswagen plant in Pakistan will officially commence within this quarter.

Published 08 May, 2021 05:39pm

Business & Finance

Global chip shortage might impact vehicle production in Pakistan

Reports highlighting the gravity of the situation revealed that the shortage could last for almost an entire year.
Several technical features in most new vehicles heavily rely on these computer chips to function properly. Therefore, the shortage is directly impacting production lines.

Updated 27 Apr, 2021 04:08pm

Business & Finance

Toyota Pakistan Celebrates Record Car Production Since 1993

Toyota Pakistan celebrates the highest car production volume in March 2021.

Published 23 Apr, 2021 08:25pm

Business & Finance

Lamborghini made the most profit amidst the Pandemic

Lamborghini had its most profitable year in history during the COVID-19 pandemic. Although revenues may have been...

Published 22 Mar, 2021 06:52pm

Pakistan

Cars' sale, production up by 19.62pc, 8.27pc respectively during 8 months

During the July-February 2020-21, as many as 95,139 cars were sold against the sale of 79,534 units while the production of cars increased from 88,196 units to 88,997 units.

Published 15 Mar, 2021 08:31pm

Business & Finance

GM cites chip shortage for weaker 2021 outlook

The automaker expects a chip shortage to trim $1.5 billion to $2.0 billion from its 2021 operating profit.
The global chip shortage also will have a short-term impact on production and cash flow, the company said.

Published 10 Feb, 2021 08:36pm

Business & Finance

Suzuki raises price of APV by more than Rs11 lac

Suzuki announced the biggest price hikes in the industry for its All-Purpose Vehicle (APV).

Published 03 Feb, 2021 03:13pm

Business & Finance

General Motors pledges to Go Green by 2035

General Motors will only sell zero-emission models only by 2035.
The automaker hopes to make all of its global operations and vehicles carbon-neutral by 2040.

Published 01 Feb, 2021 03:00pm

Business & Finance

Autoliv profit tops forecast as car production recovers from pandemic blow

Although the pandemic is not yet behind us, I am confident that our performance in the second half of the year shows that we have built a solid platform to move towards our mid-term targets.
The auto industry was thrown into turmoil last spring when the spread of COVID-19.

Published 26 Jan, 2021 05:04pm

Business & Finance

Monthly Passenger Car Sales Drop by 6pc in December 2020

The sale and production of passenger cars in Pakistan has dropped in December 2020, according to the Pakistan Automotive Manufacturers Association (PAMA).
1300 cc and Above contributed the most to this drop in passenger car sales.

Published 18 Jan, 2021 01:19pm

Business & Finance

Toyota resumes some production lines in China after temporary suspension

Toyota said on Friday it would cut production of its Tundra pickup truck at its San Antonio plant in Texas.
Ford Motor Co, Fiat Chrysler Automobiles and Nissan Motor Co Ltd have also said they would cut output this month due to a lack of semiconductors.

Published 12 Jan, 2021 07:34pm

Business & Finance

Chip shortage forces Nissan to cut Note compact car production

Chip shortage hitting carmakers as demand rebounds.
Honda also says it may be affected by chip shortage.
Fire at a chip plant in Oct also hit supplies in Japan.

Published 08 Jan, 2021 06:16pm

Business & Finance

Hyundai Pakistan to Boost Production by 100pc

Hyundai Pakistan plans on increasing its production capacity by 100 percent in the first quarter of the new year.

Published 08 Jan, 2021 02:03pm

Business & Finance

Mercedes Benz ends luxury car prodution in Brazil, shutting down small plant

The company said in a statement that the pandemic had caused a drop in demand for luxury vehicles that made it unsustainable to keep the factory open.

Published 17 Dec, 2020 08:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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