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 IMC to exhibit HEV at PAPS LAHORE: Indus Motor Company (IMC) has exhibited it’s first-ever Make in Pakistan Hybrid Electric Vehicle at... Published 26 Oct, 2024 05:55am
Business & Finance Despite auto sector’s slowdown, Indus Motor Company’s profit up 56% at Rs15.07bn in FY24 Indus Motor Company (IMC) reported a profit of Rs15.07 billion for the fiscal year that ended June 30, 2024 (FY24),... Updated 02 Sep, 2024 10:37pm
Markets Indus Motor to invest another Rs1.1bn ‘for additional localization’ Indus Motor Company Limited (INDU) announced that its board has approved an additional investment of Rs1.1 billion... Updated 02 Sep, 2024 04:33pm
Business & Finance IMC bags awards at Environment, Health and Safety Summit KARACHI: Indus Motor Company (IMC) has been recognised for its outstanding commitment to global sustainability goals... Published 31 Aug, 2024 06:55am
Pakistan IMC National Flag Collection drive appreciated KARACHI: Indus Motor Company’s (IMC) one-off social initiative, the National Flag Collection drive, now in its... Published 18 Aug, 2024 06:19am
Business & Finance Indus Motor starts vehicle export to other Toyota affiliated companies, but ‘financial benefits minimal’ Indus Motor Company Limited (IMC), the assembler/manufacturer of Toyota-brand vehicles in Pakistan, said it has... Updated 31 Jul, 2024 03:39pm
Business & Finance ‘Protect local auto industry’: Indus Motor CEO wants higher duties, taxes on import of used cars Ali Asghar Jamali, Chief Executive Officer of Indus Motor Company (IMC) that assembles/manufactures Toyota-brand... Published 06 Jun, 2024 12:01am
Business & Finance Budget FY25: IMC demands govt support local auto industry ISLAMABAD: Chief Executive Indus Motor Company (IMC) Ali Asghar Jamali has said that the local auto industry is in... Published 24 May, 2024 06:40am
Business & Finance IMC CEO receives ICAP’s award KARACHI: Chief Executive, Indus Motor Company (IMC) Ali Asghar Jamali has been honored with the Business Leaders... Published 10 May, 2024 04:17am
Business & Finance IMC earns Rs9.41bn profit after tax in nine months of FY24 KARACHI: Indus Motor Company (IMC) announced its financial results for the nine-month period ending March 31, 2024,... Published 30 Apr, 2024 03:43am
Business & Finance Indus Motor Company’s profit jumps 38%, amounts to Rs4.45bn in Jan-Mar Indus Motor Company (IMC) reported on Monday a profit of Rs4.45 billion for the three-month ended March 31, 2024, an... Updated 29 Apr, 2024 09:25pm
Business & Finance IMC gets compliant corporate taxpayer award KARACHI: Indus Motor Company (IMC) has recently been conferred with the “Compliant Corporate Taxpayer” Award by... Published 05 Apr, 2024 04:50am
Business & Finance After launching hybrid, Indus Motor introduces cheaper, petrol variants of Corolla Cross Gasoline vehicles priced at Rs8.199mn and Rs8.899mn Updated 22 Mar, 2024 09:53pm
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 Car sales in Pakistan surge 57% YoY in February However, during first eight months of fiscal year 2024, total car sales stood at 59,699 units, a 41% decline compared to the same period last year when sales stood at 101,426 units Updated 12 Mar, 2024 10:35pm
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 Indus Motor Company to invest Rs3bn ‘for additional localization’ of parts, components In a key development for the country’s auto sector, Indus Motor Company Limited (INDU) announced that its board has... Updated 22 Feb, 2024 03:36pm
Business & Finance Indus Motor posts 89% higher profit of Rs4.96bn in 1HFY24 Indus Motor Company (IMC) reported on Thursday a profit of Rs4.96 billion for the half-year ended December 31, 2023,... Published 22 Feb, 2024 11:30am
Perspectives Auto sector in 2023: advent of EVs and hybrids in Pakistan The year 2023 signaled a downward spiral for the auto sector. For about half the year, there were restrictions from... Published 02 Jan, 2024 05:09pm
Business & Finance Toyota Pakistan’s chief says 50% of Corolla Cross value comes from localised parts Indus Motor Company, the assembler of Toyota vehicles in Pakistan, has recently launched its Hybrid Electric Vehicle... Published 20 Dec, 2023 09:00pm
Business & Finance Landmark achievement: IMC holds line-off ceremony for first locally-made HEV KARACHI: In a landmark event for the Pakistani automotive industry, Indus Motor Company (IMC) held line-off ceremony... Updated 07 Dec, 2023 09:41am
Business & Finance Indus Motor Company lines-off Pakistan’s first 1800cc hybrid EV Indus Motor Company (IMC) lined-off the 4th generation Toyota Corolla Cross Hybrid Electric Vehicle (HEV) at a... Published 06 Dec, 2023 07:10pm
Print 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
Business & Finance Q1 IMC PAT soars to Rs3.216bn KARACHI: The Indus Motor Company (IMC), announced its financial results for the first quarter ended September 30,... Published 28 Oct, 2023 05:58am
Business & Finance Indus Motor Company posts profit of Rs3.22bn in July-September, 148% higher YoY Indus Motor Company (IMC) reported on Friday a profit of Rs3.22 billion for the quarter ended September 30, 2023, an... Updated 27 Oct, 2023 10:55pm
Business & Finance Govt, auto sector appear ‘close to resolving manufacturing certificate’ issue OEMs' licence expired at the end of September, and has not yet been renewed due to companies missing the 2% export target in FY23 Published 26 Oct, 2023 06:50am
Business & Finance As high as Rs1.31mn: Indus Motor announces significant reduction in Toyota car prices Rates reduced in range of 2 to 8% following rupee's recent appreciation against US dollar Updated 24 Oct, 2023 06:54pm
Business & Finance IMC production plant to remain shut till Nov KARACHI: The Indus Motor Company (IMC) Limited, a prominent auto assembler in Pakistan, has shut its production ... Published 20 Oct, 2023 05:17am