Auto financing in Pakistan continued to grow for the 16th straight month, reaching Rs345.34 billion in March, up from Rs336 billion in February. Analysts say lower interest rates have made it easier for people to take car loans, supporting this steady increase. Despite the rise in financing, total vehicle sales showed mixed results. Sales of […]

Sazgar Engineering Works Limited has approved a major investment plan worth Rs. 22 billion to expand its SUV production capacity. The move is part of the company’s long-term growth strategy to strengthen its position in Pakistan’s automotive market. Under this plan, Sazgar aims to increase its annual SUV production capacity to 54,000 units. This significant […]

Auto financing in Pakistan has continued to grow steadily, marking its 15th consecutive month of increase. According to the State Bank of Pakistan, total auto financing reached Rs. 336 billion in February. This shows strong and consistent demand in the country’s automobile sector. One of the main reasons behind this growth is the rising interest […]

China’s leading car manufacturer, BYD, has achieved a major milestone by selling more vehicles globally than Ford Motor Company for the first time. In 2025, BYD recorded around 4.6 million vehicle sales, slightly higher than Ford’s 4.4 million units. This change has pushed BYD into sixth place worldwide, while Ford has moved down to seventh […]

Pakistan is preparing to enter a new phase in its automobile industry as a major electric vehicle manufacturing plant nears completion at Port Qasim. The facility is being developed by Mega Motor Company in partnership with Chinese electric vehicle giant BYD. The plant is expected to begin operations around 2026 and will assemble electric cars […]

MG Motor Pakistan has announced plans to invest about 20 million dollars to expand its vehicle manufacturing plant in Lahore. The move is aimed at increasing production and introducing new vehicle models in the Pakistani market. The investment will help upgrade the company’s existing facility by adding new production lines and modern automotive technologies. Company […]

Sazgar Engineering Works Limited has reported a solid financial performance for the first six months of the fiscal year 2025–26, posting a strong increase in profit compared to the same period last year. The company announced that its net profit rose by 27.4 percent to Rs. 8.44 billion, up from Rs. 6.63 billion in the […]

Toyota Pakistan’s special 35-year celebration offer for its popular Fortuner G and V variants has generated an extraordinary response from buyers with all promotional units now fully booked. The company has announced that, due to the high demand, it will temporarily suspend new orders for the promotional units. The milestone marks 35 years of Toyota’s […]