State Bank Of Pakistan

SBP Cuts Interest Rate to 12% Impact on Car Financing

Wajahat

29 Jan 2025

226

The State Bank of Pakistan (SBP) has recently reduced the policy interest rate to 12%, which is a critical mov...

Increased Demand for Electric Vehicles in Pakistan

Abdullah

27 Nov 2024

311

The ongoing fiscal year has witnessed a remarkable surge in vehicle sales, signaling a shift in consumer behav...

Car Financing Increases After 27 Months

Jawad

19 Oct 2024

230

Car financing in Pakistan saw a notable increase, rising by Rs. 245 million to reach Rs. 228 billion by the en...

Car Financing Declines for 25 Consecutive Months

Abdullah

20 Aug 2024

221

For the 25th straight month, car financing in Pakistan has continued to decline, decreasing by 20.1 percent ye...

Car Financing Decreases for the 23rd Month Running

Jawad

24 Jun 2024

213

For nearly two years, the auto financing sector has experienced a persistent decline. This downward trend bega...

Car Financing Drops for 22 Months

Jawad

20 May 2024

262

Car financing continued to decline for 22 consecutive months in 2024, with a significant year-on-year drop of ...

Bank Car Financing Drops for 21 Months

Jawad

19 Apr 2024

270

In the calendar year 2024, car financing experienced a continued decline for 21 consecutive months, reaching R...

Government's Proposed Credit Guarantee Scheme for EVs

Jawad

20 Feb 2024

278

The government is considering the introduction of a credit guarantee scheme for electric vehicles (EVs) throug...

Why Politicians Avoid SUVs This Election

Abdullah

18 Dec 2023

459

As the upcoming elections loom on the horizon, the political atmosphere in Pakistan takes on a different tone ...

Auto Financing Hits Lowest Point in 16 Months

Jawad

27 Nov 2023

292

In yet another update on the fluctuating landscape of the country's auto industry, the third revelation within...

CKD Imports Hit Bottom Levels

Jawad

23 Nov 2023

453

In October, local assemblers experienced a sharp decline of 58% in Completely Knocked Down (CKD) imports, plum...

Honda and Kia Launch Zero-Interest Plans

Abdullah

03 Nov 2023

2214

Lucky Motors and Honda have introduced revolutionary financing schemes, ushering in an entirely new era in the...

Electric Bus Imports for Islamabad Metro Approved by SBP

Jawad

30 Oct 2023

273

Significant strides have been taken in the import of electric buses for Islamabad's public transportation syst...

Auto Loan Availability Shrinks Over 15 Months

Jawad

23 Oct 2023

230

In the face of a sharply deteriorating economy, Pakistan’s auto financing sector has been on a continuous do...

Changan Limited Offer: Buy Alsvin And Save Upto Rs. 475,000

Abdullah

19 Oct 2023

532

As winter approaches, Pakistan's car market is experiencing a shift from a seller's market to a buyer's paradi...

Car Financing Sees 14 Months of Continuous Decline

Jawad

19 Sep 2023

285

Pakistan (SBP), it witnessed a significant year-on-year drop of 21.1 percent compared to August 2022 when it s...

Toyota Pakistan Aims to Cut Petrol Imports with Hybrid Cars

Jawad

31 Aug 2023

352

Toyota Indus Motor Company (IMC) CEO, Ali Asghar Jamali, underscores the urgency for Pakistan to take strategi...

Consecutive 13-Month Drop in Bank Financing for Cars

Jawad

29 Aug 2023

200

Persistent Weak Car Demand and Escalating Interest Rates Continue to Haunt Auto Industry as Bank Financing Dec...

Chery Tiggo 4 Price Hike: Unveiling Its Latest Rate

Jawad

09 Aug 2023

238

Amid economic uncertainty, ban on imports, and problems with LCs, Chery Pakistan has increased the price of on...

Local Assemblers' Dislike for Imported Used Cars

02 Aug 2023

223

Despite more than three decades of government support, Pakistan's auto industry, which is dominated by a few k...

Honda's Profits Plunge by 76% in MY24 First Quarter

27 Jul 2023

257

During the first quarter of MY24, Honda Atlas faced a significant setback as it reported negative gross margin...

MG Pakistan Announces New Variants for MG HS

25 Jul 2023

362

After the State Bank of Pakistan (SBP) announced the upcoming opening of letters of credit (LCs) for the car i...

IMC Unveils First Locally-Made Corolla Cross to PM

02 Jun 2023

427

A delegation from Indus Motor Company (IMC) recently presented Prime Minister Shehbaz Sharif with the fir...

Yamaha And Suzuki Bikes Sales Declined By 50%

31 May 2023

406

The local auto industry in Pakistan has been severely impacted by the prevailing economic crisis and import re...

Hyundai Special Offer Delivery & Price of Elantra

10 May 2023

341

As Pakistan's car industry continues to struggle amidst the ongoing economic meltdown, Hyundai Nishat, the new...

Simplifying Traffic Challan Payments in Islamabad

09 May 2023

264

Islamabad Capital Territory Police (ICTP) has recently increased its efforts in issuing challans to traffic la...

Pakistan's Iconic Alto Faces an Impending Sales Disaster

28 Mar 2023

581

Pakistan's local auto industry is facing significant challenges due to import curbs imposed by the State Bank ...

DFSK Car Prices Increase March 2023

14 Mar 2023

859

Regal Automobile Industries Limited has raised the price of DFSK Glory 580 Pro by Rs. 490,000 to Rs. 6,990,000...

Toyota Yaris Facelift Launching Soon in Pakistan 2023

11 Mar 2023

983

Despite the current economic downturn and decreasing sales, Toyota Indus Motor remains committed to its "...

Toyota Corolla Cross Hybrid Launching in Pakistan 2023

10 Mar 2023

482

During a recent financial briefing, Toyota Indus Motor Company (IMC) reported on their financial performance a...

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