Sbp
Car Financing in Pakistan Jumps 7.5% by March 2025
Pakistan’s auto financing sector is experiencing a robust revival, with growing demand for vehicle loans sig...
1500 Electric Buses for Punjab
Transportation across Punjab is gearing up for a massive transformation, reaching far beyond Lahore’s bounda...
Punjab Launches Lahore’s First Electric Bus Service
The Punjab government has taken a major step toward environmentally friendly transportation by introducing an ...
SBP Cuts Interest Rate to 12% Impact on Car Financing
The State Bank of Pakistan (SBP) has recently reduced the policy interest rate to 12%, which is a critical mov...
Car Financing Increases After 27 Months
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
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
For nearly two years, the auto financing sector has experienced a persistent decline. This downward trend bega...
Car Financing Drops for 22 Months
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
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
The government is considering the introduction of a credit guarantee scheme for electric vehicles (EVs) throug...
Auto Financing Hits Lowest Point in 16 Months
In yet another update on the fluctuating landscape of the country's auto industry, the third revelation within...
Electric Bus Imports for Islamabad Metro Approved by SBP
Significant strides have been taken in the import of electric buses for Islamabad's public transportation syst...
Auto Loan Availability Shrinks Over 15 Months
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
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
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
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
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
Amid economic uncertainty, ban on imports, and problems with LCs, Chery Pakistan has increased the price of on...
Honda's Profits Plunge by 76% in MY24 First Quarter
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
After the State Bank of Pakistan (SBP) announced the upcoming opening of letters of credit (LCs) for the car i...
Hyundai Special Offer Delivery & Price of Elantra
As Pakistan's car industry continues to struggle amidst the ongoing economic meltdown, Hyundai Nishat, the new...
Simplifying Traffic Challan Payments in Islamabad
Islamabad Capital Territory Police (ICTP) has recently increased its efforts in issuing challans to traffic la...
DFSK Car Prices Increase March 2023
Regal Automobile Industries Limited has raised the price of DFSK Glory 580 Pro by Rs. 490,000 to Rs. 6,990,000...
Toyota Corolla Cross Hybrid Launching in Pakistan 2023
During a recent financial briefing, Toyota Indus Motor Company (IMC) reported on their financial performance a...
Peugeot Car Prices Increase February 2023
Peugeot Pakistan has announced an increase in the prices of two variants of its popular crossover SUV, Peugeot...
Petrol Price Increase February 2023
Starting from February 16, 2023, the cost of petrol in Pakistan will go up by Rs. 22.20 per liter. The Finance...
Govt Reduces Tax on Commercial Vehicles
The federal government has made the decision to ease the auto industry by lowering the tax rates on commercial...
Expected Provision of 1000cc Cars at Cheaper Rates
The government has reduced the custom duty on the import of vehicles, which are less in power. The revenue div...
Top 5 Best Selling Cars of November 2022
The prices and fuel of crippling cars have diminished sales significantly. In November there is a magnificent ...
Toyota Shuts Down Production for 10 Days
The auto manufacturing companies are facing issues in their operations as Toyota Indus Motor Company is going ...