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
Markets ‘Big three’: car companies hit 21-year low in annual sales volume in Pakistan Pak Suzuki, Honda, and Toyota – Japan’s major auto companies – often attributed as the “Big Three” are expected to... Updated 09 Jul, 2024 11:24pm
Business & Finance After ‘clarity on stock situation’, Lucky Motor opens Kia Stonic booking with Rs780,000 price increase Lucky Motor Corporation, formerly known as KIA Lucky Motors Pakistan, has re-opened the booking of its Kia Stonic... Published 01 Jul, 2024 07:12pm
Business & Finance Chinese giant BYD partners with HUBCO subsidiary to introduce EVs in Pakistan HUBCO announced on Friday that its wholly-owned subsidiary (Hub Power Holdings) – through its associated company... Updated 21 Jun, 2024 09:50pm
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 MoC takes major step to help protect local industry ISLAMABAD: The Commerce Ministry has decided to impose or enhance Regulatory Duty (RD) on three items to protect... Published 07 Feb, 2024 05:30am
Business & Finance EDB official says import quotas for new auto companies opened Asim Ayaz, General Manager Policy at Pakistan’s Engineering Development Board (EDB), said on Saturday that quotas... Updated 29 Oct, 2023 10:55pm
Business & Finance Auto part makers call for tax cut on local vehicles to boost manufacturing The country’s auto part makers have asked the government to reduce taxes on the auto sector to boost localisation.... Published 27 Oct, 2023 10:44pm
Life & Style ‘Pakistan Auto Show’ begins today KARACHI: The upcoming Pakistan Auto Show, to be held in Karachi from October 27-29, is set to feature over 150... Published 27 Oct, 2023 05:16am
Business & Finance PAAPAM members say ‘significant’ import substitution, exports possible in Pakistan KARACHI: Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) officials believe... Updated 26 Oct, 2023 10:08pm
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 After Toyota, Honda Atlas also reduces car prices in Pakistan Honda Atlas Cars is the latest to announce reduction in car prices by up to Rs300,000, in line with rupee’s... Published 25 Oct, 2023 09:49pm
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 Suzuki here to stay, company reiterates its commitment to Pakistan’s market Suzuki Motor Corporation will continue to invest in Pakistan and ensure that Pak Suzuki serves its customers in... Published 19 Oct, 2023 09:55pm
Business & Finance PSMC announces shutdown of automobile plant Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant. In its... Updated 18 Oct, 2023 05:50pm
Business & Finance Pakistan’s car sales rise 10% MoM, fall 26% YoY in September Stand at 8,312 units during the month Published 11 Oct, 2023 08:47pm
Print Import of used cars: Surge causing adverse impact on local auto sector KARACHI: Over 6,000 used cars have been imported during the last financial year, giving a significant blow to the... Updated 07 Oct, 2023 09:51am
BR Research Told you so! Despite a marked decline in automobile volumes over the past year—and a host of demand suppressing factors... Published 14 Sep, 2023 08:54am
Business & Finance Pakistan’s car sales jump 49% MoM in August Car sales in Pakistan witnessed an increase of 49% on a month-on-month (MoM) basis in August 2023, clocking in at... Published 11 Sep, 2023 08:37pm
Business & Finance 2023 a challenging year for automotive industry: ‘Major OEMs are experiencing 55pc drop in volumes’ KARACHI: The financial year 2023 has brought significant challenges to Pakistan’s automotive industry, with original... Updated 09 Sep, 2023 09:29am
Business & Finance Import of used cars crippling local auto industry: IMC chief LAHORE: Chief Executive Indus Motor Company (IMC), Ali Asghar Jamali has lamented that total used car imports have... Published 07 Sep, 2023 06:21am
Business & Finance Import of used cars gaining momentum once again KARACHI: The import of used cars has been gaining momentum once again despite the government’s resolve to curb ... Updated 10 Apr, 2022 04:37pm