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Auto loans slump for 17th month as interest rates bite

KARACHI: The auto loans fell for a 17th straight month in November as record-high interest rates and a weakening currency deterred consumers from buying new cars, central bank data showed on...

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Car and Bikes Companies in Jeopardy as Sales Halved

Car and Bikes Companies in Jeopardy as Sales Halved
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Pakistan , Hyundai , Pak-suzuki-motor-company-limited , Honda-atlas-cars-pakistan-limited , Pakistan-automotive-manufacturers-association , Suzuki-motor-company-limited , Indus-motors , Atlas-cars , Al-ghazi-tractors , Millat-tractors ,

Car sales rise 5pc m/m, but fall 65pc y/y in November

KARACHI The car sales rose 5 percent in November from a month earlier, but plunged 65 percent from a year ago, as high prices and low affordability weighed on demand for new passenger vehicles, data...

Pakistan , Nishat , Sindh , Karachi , South-korea , Arif-habib , Atlas-honda , Pakistan-automotive-manufacturers-association , Pakistan-nishat-group , Toyota , Korea-hyundai-motor-company , Honda

Atlas Honda rolls out first electric scooter in two-wheel EV push

KARACHI: Atlas Honda Ltd., Pakistan's largest motorcycle maker, launched its first electric scooter on Tuesday, marking its entry into the two-wheel EV segment in the country.The company, a joint...

Sheikhupura , Punjab , Pakistan , Karachi , Sindh , Pakistani , Toshio-kuwahara , Noriaki-abe , Saquibh-shirazi , Shinji-aoyama , Atlas-honda , Honda

Inflation Hits The Auto Sector Hard As Car Financing Falls 23.5% YoY

(CTN News) - The State Bank of Pakistan (SBP) has reported an Inflation 23.5% year-on-year decline in auto loans to Rs264 billion...........

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