Omar Faruq

After Russian petrol reached Pakistan, inflation-stricken masses were waiting for a fuel relief for next fortnight. Federal Finance Minister Ishaq Dar came with a different one – announced that the petrol and…

After Pakistan Suzuki Motor Company (PSMC), Honda Atlas is facing the worst. The company is witnessing a terrible year narrating production shutdowns, low sales and shattering profit. Honda’s output is abysmal…

After Shell has announced to sell its shareholdings, Taj Gasoline Ltd, a private oil marketing company with 61 retail sites in Sindh is all set to acquire at least 41% of Hascol Petroleum Ltd. The…

Toyota's Franchise in United States has made it official: The Land Cruiser moniker will make a comeback in the United States. In an early Tuesday morning announcement on Facebook, the company shared a brief…

It’s been a year since the car makers in the country have been announcing a production shutdown, and the reason is the prevailing economic meltdown leading to the import curbs shattering the sales and profit…

In the recent times, country’s automobile industry seems to be shattering as the country enters a period of hyperinflation. Amidst these difficulties, Honda, one of the prominent car manufacturers in Pakistan,…

After a decrease of 85% in April, car sales performed slightly better last month. As per Pakistan Automotive Manufacturers Association (PAMA) car sales observed a month-on-month (MoM) jump of 19% selling 5,290…

In the wake of the Budget 2023-24, the automobile industry is bracing for a significant change that could have a direct impact on car prices. The impact is for 1300cc and above used and old cars with Asia Make.…

The 2023-24 budget has generated extensive discussions in Pakistan, but it holds little significance for the automotive sector. Details have revealed that the incumbent government plans to proceed with the…

In the midst of an economic crisis crushing the country's import-dependent auto industry, United Motors came with a surprising move. The company has discreetly raised the price of its popular model Alpha by Rs.…

The prices of Proton's X70 and Saga models have been taken down the prices from their website in Pakistan, where they are the only two models available for sale. An authorized dealership has indicated that…

With an aim to urge non-filers to pay taxes, the Pakistan Business Council (PBC) has suggested that the Federal Board of Revenue (FBR) implement higher advance taxes on their utility bills, real estate…

After two consecutive cuts in petrol prices, the federal government is a victor till date. But unfortunately, this win in terms of lowering the fuel prices is near to die soon. Suffice it to say, the incumbent…

For Pakistan’s auto industry, there couldn’t be more challenging times than the present ones when one of the biggest car giants 'Pak Suzuki' starts selling used cars for its survival. The uncertainties during…

Last year in June, we were reckoning about the relief to be given in budget, and yet, we are once again at the same point but with even worse cards. Political and economic chaos seems to be fighting for a new…