Auto financing declines further amid high vehicle prices and interest rates
SBP reports a continued drop in auto loans, with total financing falling to Rs230.5 billion in June
Beyond all the talk, are electric vehicles truly affordable in Pakistan?
Profit explores the total cost of ownership among various 4-wheeler technologies to ascertain who leads the pack
Sky-high prices and record financing rates dampen FY24 auto sales: report
Sector reports a steep drop of 18% in passenger cars and 9% in Light Commercial Vehicles, due to excessively high costs fueled by supply chain disruptions, currency devaluation, and higher taxes
Indus Motor Company to temporarily halt production due to supply chain issues
Company announces plant closure from July 15 to July 22, 2024 due to inventory shortages
Kia reopens bookings for Stonic EX+ at revised price of Rs 5,500,000
Company jacks up price by Rs 733,000 from Rs 4,767,000 to Rs 5,500,000 in the reopening offerÂ
Auto financing drops for 23rd consecutive month, down 22.5% YoY in May 2024
High interest rates and inflation continue to impact demand
Car sales surge 116% in May 2024, reaching 17-month high
PAMA data shows cumulative sales dropped by 23% to 71,449 units in 11MFY24 compared to 92,554 units in the same period of FY22
Dewan Farooque Motors partners with ECO-Green Motors to manufacture electric cars
Production is expected to commence in August 2024
Dewan Farooque Motors to launch KIA ‘SHEHZORE’ in June 2024
Company resumes commercial production of special-purpose KIA commercial vehicle
Already discounted, the KIA Sportage is selling for another lakh less
Dealerships are offering discounts as they try to achieve sales targets
Suzuki Motors to expand operations with new biogas plant in Karachi
Federal Minister Rana Tanveer Hussain commits to supporting Suzuki's expansion in Pakistan, emphasising the auto industry's role in national economic growth
Car manufacturers make the case for stopping import of used carsÂ
Import of used cars has caused over Rs 45 billion in losses to the local industry and economy, reveal industry sourcesÂ
KIA Stonic’s drastic price fall is a tale of lobbying, regulatory capture, and high margins. Here’s what went down behind the scenes
For the past year, Pakistan’s car manufacturers have been at war with each other, using every trick in the book. Has KIA just ended it with a masterstroke, or is it just getting started?
Changan slashes Oshan X7 prices following KIA Stonic’s lead
Changan leads price reduction wave in Pakistan's auto market, Oshan X7 Comfort and FutureSense models see price drop upto Rs 400,000
Pak Suzuki slashes prices on Swift models by up to Rs 710,000
Limited-time price reduction announced in response to market conditions, effective May 1, 2024.