11-12-2011 Increasing utility expenses and record depreciation in Pakistani rupee, which in last month only has depreciated by almost 5 percent against Japanese Yen (from 1.0980 to 1.152) and 4 percent US$ (from 86 to 89) has forced the Indus Motor Company (IMC) to marginally increase the retail prices of […]
Pakistan Suzuki Motor Company (PSMC) and Indus Motor Company (IMC) have reduced the prices of their vehicles effective from July 1, 2011.
By Hina Mahgul Rind KARACHI: Continuous price hike of local automobiles since 2006 has put new cars out of range of middle-income groups. According to the latest data released by Pakistan Automotive Manufacturing Association (PAMA) cumulative auto sales (cars + LCVs) depicting a fall of 40 per cent year […]
By Mushfiq Ahmad KARACHI: Car sales dropped sharply in the first five months of the current fiscal year, indicating the worsening health of the economy and falling purchasing power of consumers. According to figures released by Pakistan Automotive Manufacturing Association (PAMA), car sales stood at 33,858 during Jul-Nov 2008 compared […]
By Nauman Tasleem LAHORE: The prices of used vehicles have increased by 15 to 25 percent because of rapid increase in prices of new cars, a survey conducted by Daily Times found on Tuesday.