Car import surges by 180 percent

KARACHI: The import of motor cars has increased by 180 percent during first two months of current fiscal year due to normalization of life after lifting of corona lockdown. The import of... Read more »

Car sales climb up by 16pc in August

KARACHI: The sales of locally manufactured cars have recorded 16 percent increase to 11,678 units in August 2020 as compared with 10,102 units in the same month of the last year. According... Read more »

Pak Suzuki declares half year loss of Rs2.46 billion

KARACHI: Pak Suzuki Motor Company Limited has declared loss of Rs2.46 billion for the half year (January – June) 2020, according to financial results submitted to Pakistan Stock Exchange (PSX) on Wednesday.... Read more »

TPL, Pak Suzuki sign agreement for auto insurance

KARACHI: TPL Insurance, Pakistan’s first Direct Insurance Company, has signed a Memorandum of Understanding (MoU) with Pak Suzuki, the country’s largest car manufacturing company to provide services of auto insurance. A statement... Read more »

Car sales dip by 8 percent in July 2020

KARACHI: Domestic car sales have registered 8 percent decline to 11,501 units in July 2020 as compared with 12,482 units in the same month of the last year. Pak Suzuki Motors registered... Read more »

Sindh allows people to check number of vehicles registered on CNIC

KARACHI: Sindh Excise and Taxation Department has introduced online facility for the citizens to check number of vehicles registered with their Computerized National Identity Card (CNIC). The facility has been introduced in... Read more »

Import of old, used motor cars falls by 55.41 percent in 2019-2020

KARACHI: The import of used and old cars massively fell by 55.41 percent during fiscal year 2019/2020 due to condition of payment of duty and taxes through foreign exchange imposed by the... Read more »

Annual car sales plunge by 53 percent on slow economy, COVID

KARACHI: Domestic car sales have plunged by 53 percent in fiscal year 2019/2020 owing to slow economic activity and outbreak of coronavirus, analysts said on Monday. According to statistics released by Pakistan... Read more »

Car imports fall by 61pc in eleven months

KARACHI: The import of used and old cars witnessed sharp decline of 61 percent during first eleven months (July-May) of current fiscal year due to condition of payment of duty and taxes... Read more »

Car sales plunge by 75 percent in May

KARACHI: The sales of locally manufactured cars have posted a massive decline of 75 percent in May 2020 due to closure of business operations of all major car assemblers during the month.... Read more »