Omar Faruq

Toyota Pakistan has emerged with impressive financial results for the first half of the fiscal year 2024, as announced today. The company posted a profit after tax of Rs. 4.95 billion, marking a substantial 89…

Indus Motor Company Limited (INDU) is making significant strides towards enhancing the localization of parts and components for its vehicles with a substantial investment of around Rs. 3 billion. This strategic…

Since the inception of this year, bike and car manufacturers have a single roll, roll of announcing enticing offers one after the other. And the purpose of these offerings is to allure customers and bring…

A few months have passed since the last glimpse of the Proton X70 facelift, the refreshed C-segment SUV from the Malaysian automaker. Once again, images of the development unit have surfaced, wrapped in…

Pakistan's automobile financing sector has witnessed a significant downturn, with a staggering 25.82% year-on-year drop to Rs. 246.26 billion in January 2024, compared to Rs. 331.98 billion in January 2023.…

From last couple of years, local car industry is in shambles, thanks to the country's historic low economic performance. Resultantly, automakers are struggling hard to at least maintain their shattering sales…

In a significant announcement, Dewan Farooque Motors Limited (DFML) unveiled its plans to recommence local assembly operations of KIA Commercial Vehicles in Pakistan, with the iconic KIA Shehzore slated for…

After the Economic Coordination Committee (ECC) had accepted the proposal to increase the General Sales Tax (GST) from 18% to 25% on all cars above Rs. 40 lacs but with engine sizes lower than 1400cc, the local…

According to media reports, a nominal Rs. 5 hike has been approved for both services, along with a similar increase in feeder bus fares. This move comes as a response to the surge in fuel prices, aiming to…

Pakistan might witness a surge in petrol and diesel prices by Rs. 4 to 11 per liter for the next fortnight. The reason behind this anticipated hike in petrol prices in Pakistan lies in the global oil market,…

In a promising stride for Pakistan's automotive sector, Sazgar Engineering (SAZEW) has marked a significant milestone by achieving its highest-ever 4-wheeler sales in January 2024. Surpassing all previous…

After months long sales and production crisis, for IMC (Toyota Indus Motors), there is a beacon of optimism shining through the clouds of prevailing challenges, as there are strong indications of a significant…

After a series of downtrends and consecutive nosedives, car sales in Pakistan are off to a promising beginning this year. As per PAMA (Pakistan Automotive Manufacturers Association), month-on-month (MoM) report…

A day after introducing a YBR125G with a new ‘Markhor Inspired’ visual enhancement, the Japanese motorcycle manufacturer Yamaha Pakistan comes with another move. The bike maker has recently launched another…

Earlier in a blog, we informed you regarding Yamaha Pakistan's new cosmetic adventure – revealing the new YBR125G taking clues from the country's national animal 'Markhor'. While this unveiling sparked…