Pakistani automotive industry sees out worst fiscal year since pandemic
Volume dips year-on-year by 37.7% for a contraction of 8.18 lakh vehicles sold
Highs and lows: Toyota shuts down plant same week it unveils HEV
The company unveiled the new HEV in a star-studded assembly whilst announcing that it will be suspending production next week the very next day
Okayker sets target on car mechanics with $700,000 in seed funding
Company claims it will revolutionize Pakistan’s auto care industry.Â
Isuzu, Gandhara Tyres set to raise capitalÂ
Gandhara Automobile’s subsidiaries set to raise Rs 2.5bn in capital if board approvesÂ
Record low annual profit in five years: Honda’s year of turmoilÂ
Honda’s year end earnings collapse by 90% year-on-yearÂ
Demand destroyed: Automotive lending down for tenth straight monthÂ
Outstanding automotive at lowest point since June 2021 with Rs58.7b contraction over the past 10 monthsÂ
Pakistan aims for 30% of all vehicles to be electric by 2030Â
Energy minister discusses proliferation of alternative energy options at Future Energy Asia Conference in Bangkok
Tesla restarts India market talks with new factory proposal
Tesla Inc (TSLA.O)Â has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told...
Honda to resume production after longest spell of plant shutdown
Company’s official 68 shutdown 'comes to an end' as it announces restart of production activities in the weeks to come
Is this economic crunch ready-made for the Sportage to flex on the competition?
If it ain’t broke, why fix it? Especially when your rivals’ localisation plans might be up in the air
Toyota turns to banking: Investment earnings drive profitability amid automotive downturn
Of the company’s Rs4.8b pre-tax profit, Rs3b came from investment earnings as it ends quarter with final earning of Rs3.2b
Govt to limit electric bike, rickshaw scheme to 15,000 recipients Â
Balloting to be conducted if number of applicants exceeds quotaÂ
Sazgar continues rally amidst automotive downturnÂ
The company recorded with a 552.86% QoQ increase, and a 17 fold YoY increase in its Q3FY23 earningsÂ
Suzuki suffers historic loss in first quarter of 2023: Largest in 16 years
Company ended first quarter of 2023 with final loss of Rs12.9b
How the two and three wheeler industry, not cars, became the hallmark of Pakistan’s automotive sector
Amidst economic turmoil and factory shutdowns, the two and three wheeler industry has casually carried on whilst its four wheeler counterpart continues to flounder