Omar Faruq

Car prices in Pakistan have been rising steadily for the last couple of months, but the process has recorded a sharp increase since the inception of this year. Resultantly, sales charts are observing a massive…

Where the car and bike companies are issuing price hike notifications, there are also fake ones doing the rounds on social media. A price increase circular of Millat Tractor is one of them. As per that phony…

Toyota has unveiled another facelift of Yaris in Thailand with some major design modification. The newly launched facelift is refurnished version of the Yaris launched in Pakistan in 2020. In ASEAN market,…

The ongoing economic breakdown not spared even the state-owned petroleum corporation – humiliated PSO’s (Pakistan State Oil) debt charts. As per the media reports PSO is at the brink of international default.…

The recent major slump in Pakistan’s already shrinking economy is nothing less than a nightmare for the local car assemblers in the country. No production leading to dwindling sales has shattered all their…

After the incumbent government has increased the GST to 25%, the local car assemblers are back-to-back announcing price hikes. Honda Atlas, Pak Suzuki and Toyota Indus Motors including the new entrants Hyundai…

As expected, the ongoing economic disaster and closed LCs leading to production shutdowns has further shattered the already dwindling car sales. The incumbent government carries no coercive and well-thought…

After the incumbent government increased GST to 25%, the local car assemblers started passing the effect to the customers. After Honda, Toyota, Suzuki, Hyundai prices are also jacked up by a big  margin. The…

Country’s half-beating pulse economic pulse is hitting local car assemblers hard. Closed LCs, series of production cuts and sales slump has got industry in a big trouble. After Pakistan Suzuki Motors Company…

Following the incumbent government’s move to impose 25% General Sales Tax (GST) on luxury items the local car assembler started passing on the effect to the customers which in turn, will shatter their…

With dwindling sales and production cuts ruling in the local industry amid prevailing economic breakdown, there seems no change in Toyota Indus Motor (INDU) ‘New Model Launch Plan’. Despite the year-on-year…

Following Pakistan Suzuki Motor Company (PSMC), Toyota Indus Motors (INDU) sales also marked a new low – posted a slump of 52% (year-on-year). Similarly, monthly sales followed the footprints – the company…

If there were any illusions, they should have been dispelled by now that the incumbent government would beget some relief for the country’s auto industry. Interestingly, the price hike saga following the…

Economic breakdown in the country is worsening with time. Local car assemblers are announcing non-production and shutting down their assembly plants. Following Ghandhara Nissan Limited (GNL), Honda Atlas also…

Following the Rupee depreciation, foreign exchange constraints, and prevalent pricing mechanism, the country's oil industry has sounded alarms regarding major fuel supply breakdown. State Bank of Pakistan's…