Car sales witness 45 percent decline in July – November

KARACHI: Car sales witnessed 45 percent decline during first five months (July-November) 2019/2020 owing to increased prices and high cost of auto financing. Read more »

Meezan Bank, Indus Motors sign MoU for priority vehicle delivery

KARACHI: Meezan Bank – Pakistan’s leading Islamic bank – has recently signed a Memorandum of Understanding with Indus Motor Company Ltd (IMC) – one of the largest automotive manufacturers and distributors in... Read more »

Indus Motors declares fall in half-year profit on high cost of sales

KARACHI: Indus Motors Company Limited has declared 6.13 percent decline in half yearly net profit owing to significant rise in cost of sales for the period. Read more »

Car sales decline 3.2 percent in July – January

KARACHI: The sale of locally assembled motor vehicles has declined by 3.2 percent during first seven months of current fiscal year despite higher prices owing to depreciation of rupee value. Read more »

Auto sales post 12-year growth in December on MoM basis

KARACHI: Pakistan Auto sales are up by percent Year-on-Year (YoY) in December 2018, as against 17 percent YoY decline in November 2018.       Moreover, sales are up 11 percent Month-on-Month... Read more »