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 2024 

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 8MFY24 

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 shortage 

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 charge 

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