Omar Faruq

The ongoing major downfall in the country’s local auto industry is directly connected to economic misfortunes aggravated in the last couple of months. The old ones and new entrants including Kia and peugoet,…

Toyota Motor Corporation has stated that vehicle data of around 2.15 million users in the entire customer base had been publicly available for a decade in the face of human error – an alarming situation that…

The ongoing economic crisis has shattered all the local car makers but the Japanese car giants Pakistan Suzuki Motor Company (PSMC) and Honda Atlas carries a different story to present. As per Pakistan…

Toyota has wrapped off the all-new Yaris Cross Hybrid SUV in ASEAN regions. The company has launched a new B- Segment car in Indonesia, which offers more style and performance than Toyota Raize – another SUV in…

Economic meltdown in the country has ceased the local car industry, which in turn has nudged the production and sales charts to zero. Even the old player, Honda Atlas observed a terrible downtrend in sales and…

Again, media reports are predicting a decrease in petrol prices for next fortnight. As per the reports, the price of petrol can be reduced by Rs. 7 per litre, whereas diesel price can observe a slump of Rs. 10…

The country’s industrial sector is in severe pain in the face of ongoing economic chaos. Pakistan’s local industry is facing the same fate. Import curbs inflicted by the State Bank of Pakistan leading to zero…

The economic decline continues hurting Pakistan’s already dwindling auto industry. Car makers left with no choice but to announce production cuts in the face of zero inventory. However, the whole episode…

Where the historic riots have erupted around the country after paramilitary forces arrested PTI’s Chairman, major cities of Pakistan may face fuel shortages. As the law and order situation seems worse, oil…

The incumbent government is trying hard to manage cheap fuel for the inflation-stricken masses of Pakistan. Islamabad, amid BRICS collective de-dollarization efforts, has reportedly opened Letters of credit…

The ongoing economic meltdown and its adverse effect on entire industry is not in disguise. Meanwhile, Pakistan’s already-struggling car industry is also among the affectees. Depleting foreign exchange…

After twice or thrice a year, car assemblers in Pakistan have started giving multiple price shocks even in a month. And surprisingly, after a recent report, rupee depreciation against the dollar comes as the…

A Sharp increase in the inflation rate has also affected already dwindling petroleum sales in Pakistan. Reports have informed that year-on-year (YoY) sales of petroleum products decline by 46% to 1.71 million…

The steep decline in Rupee’s value was not enough that now smuggling of Iranian diesel is making up for the already-mounting economic deficit in Pakistan, replacing 40% of the consumption of domestic diesel.…

Besides the Rupee devaluation, back-to-back increase in petrol prices has been another reason for burgeoning inflation in Pakistan. The incumbent government’s not well-thought economic strategies regarding…