Auto sales drop by 38% in 9MFY24 due to rising prices, high interest rates
Sales decline by 3% MoM to 9,379 units in March 2024
Sazgar starts pre-booking of its latest model HAVAL JOLION HEV
CKD roll-out of these vehicles on a commercial scale is also expected in April 2024Â
After Kia and Indus Motor, Honda Atlas slashes price of its City model
Price of City MT1.2L reduced by Rs50,000 and of City CVT 1.2L by Rs140,000
Automakers announce price cuts during Ramadan
Kia, Toyota, and Hyundai unveil exclusive discounts and incentives for Eid celebrations
Car sales increase 57% YoY in February 2024
PAMA data shows car sales decline 41% in 8MFY24Â
FBR slaps 25% sales tax on high-end local vehicles
New tax rate applies to vehicles priced over Rs 4 million
Indus Motor Company halts production amid supply chain distress
Company shuts down plant from March 6 to March 11 as it faces low vehicle inventory and parts shortageÂ
Indus Motors on the path to recovery
The company has seen an improvement in its half year results and announced further investment in Pakistan
Automobile financing plummets by 26% YoY in January
19th month consecutive decline in auto loans signal tough times ahead for car buyers
Sales Tax on cars jumps to 25%, automakers express alarm
The recent government's decision to raise the sales tax on cars from 18% to 25% for vehicles which have an engine capacity...
Dewan Farooque Motors plans to kickstart local assembly of KIA Shehzore
Plans include after-sales services through a nationwide dealership network
Sazgar Engineering launches its first electric vehicle
Manufactured by Great Wall Motor (GWM) of China, ORA 03 offers a range of 310-400 kilometers per chargeÂ
Impasse persists in stalemate over Suzuki’s delisting
With a buyback in danger of failing, all parties need to come to a resolution
Toyota’s robust global sales propel net profit to historic high of 4.5tr yen
Toyota has set a new record for its annual net profit forecast, driven by strong sales globally in the first three quarters,...
Kia Pakistan hikes prices of Picanto, Sportage by Rs 250,000
Manual Picanto and Alpha Sportage now cost Rs 3,600,000 and Rs 7,550,000 respectively