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
Why did automotive CKD/SKD imports spike in December? Â
The automotive industry is at record lows, but car companies imported more CKD/SKD kits than normalÂ
Collapsing sales? No problem; Honda carries the torch nine months into market year
Honda’s gross and net profit margins rise despite collapse in sales revenueÂ
Pakistan’s auto loan sector shrinks for 18 months in a row
Since June 2022, there has been a decrease in auto loans amounting to Rs117 billion, falling from Rs368 billion over 18 months
Suzuki Japan agrees to PSX determined price; plans to purchase more stake in Pak Suzuki for final delisting
Shares buyback at Rs 609 per share helps qualify for delisting from PSXÂ
Suzuki’s stock market drama takes new twist
With the introduction of a new minority shareholder with 10%, things are heating up over at Suzuki.Â
Car sales decline 55% YoY in H1FY24
The latest data from the Pakistan Automotive Manufacturers Association (PAMA) has revealed that passenger car sales witnessed a 55.55% year-on-year decline in...