By Aftab Ahmed | February 20, 2026

Indus Motor Company (INDU) announced its 2QFY26 results on Friday, where the company recorded profit of Rs5.98bn (EPS of Rs76.11), up 23% YoY. The result came in line with industry expectations. This took 1HFY26 earnings at Rs12.7bn (EPS of Rs161.60) up 28% YoY compared to 1HFY25 profit of Rs9.96bn (EPS of Rs126.68). INDU announced an…

By Aftab Ahmed | February 18, 2026

Millat Tractors Achieves 90% Localization and Expands Export Footprint Islamabad: The Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, held an important meeting with the CEO of Millat Tractors, Sikandar Mustafa, to discuss the future roadmap of Pakistan’s auto and tractor sector. Federal Secretary for Industries and Production, Capt(r) Saif…

By Aftab Ahmed | February 17, 2026

Islamabad Deputy Commissioner Irfan Nawaz Memon has announced a new regulation requiring all motorcycles in the federal capital to be equipped with M-Tags. This move is part of the ongoing vehicle registration and security enhancement campaign in the city. The process of affixing M-Tags on vehicles has been underway, and starting from 10am on February…

By Aftab Ahmed | February 16, 2026

Sherman Market analysts have projected the earnings of Ghandhara Automobiles (GAL) in 2QFY26 earnings at Rs 1.6 billion. “We present 2QFY26 earnings estimate for Ghandhara Automobiles (GAL) wherein company is expected to post consolidated net earnings of Rs1.6bn (EPS Rs28.5) as compared to net earnings of Rs469mn (EPS Rs8.2) in the same period last year,…

By Aftab Ahmed | February 16, 2026

The Service Group has announced a significant expansion into Pakistan’s automotive components industry with an $80 million investment to establish a passenger car tyre manufacturing facility in Nooriabad, Sindh. This move marks the group’s first foray into tyre production, diversifying beyond its established presence in footwear and industrial rubber products. The new plant will be…

By Aftab Ahmed | February 16, 2026

KP has raised Rs 470 million in one day-auction for preferred vehicle number plates, a move that has shown key interest of car owners. The car owners have been eyeing for attractive numbers for their cars. Read More: KP Excise Plans Fancy and Special Number Plates Key details for auction for vehicle number plates Auction…

By Aftab Ahmed | February 13, 2026

Dewan Motors has officially launched MINI vehicles in Pakistan, unveiling the Cooper, Countryman, and Aceman models for local customers with bookings now open at authorised dealerships nationwide. The company, also serving as Pakistan’s official BMW importer, stated that deliveries are expected between August and September, giving buyers ample time to complete orders and select petrol…

By Aftab Ahmed | February 12, 2026

The Punjab government has launched online registration for vehicle fancy number auctions, allowing citizens to apply for their preferred numbers through a dedicated e-auction mobile app and official web portal. Applicants can submit requests for motorcycle, motor car, and commercial vehicle fancy numbers directly from their homes, ensuring a convenient, contactless process while adhering to…

By Aftab Ahmed | February 12, 2026

Chief Executive Officer of the Engineering Development Board, Hamad Ali Mansoor, stated that under the Prime Minister’s PAVE (Pakistan Accelerated Vehicle Electrification) Scheme, the process of providing electric bikes, rickshaws, and loaders on easy installments, along with subsidy payments, has commenced. The initiative aims to provide the public with affordable and environmentally friendly transportation and…

By Aftab Ahmed | February 12, 2026

The Punjab government has announced new regulations to govern the registration, purchase, and transfer of government vehicles, aiming to enhance transparency, monitoring, and administrative efficiency across all relevant departments. Under the updated policy, the purchase of electric vehicles will require prior approval from the Finance Department, while government vehicles will now be allotted exclusively to…