Higher gross margins lift earnings above expectations Indus Motor Company Ltd (INDU) reported a 32% year-on-year rise in profit to Rs6.7bn for the first quarter of FY26, translating into earnings per share (EPS) of Rs85.49. The quarterly performance exceeded market expectations, driven by stronger-than-anticipated gross margins despite lower sequential sales and production bottlenecks. According to…
Hyundai Pakistan has introduced an interest-free installment scheme for the Tucson Hybrid AWD, providing buyers with a more flexible and accessible payment option nationwide. The offer applies to the Tucson Hybrid Signature AWD variant, which carries a price of Rs12.24 million under the newly announced payment structure. Buyers are required to make a 50 percent…
The Punjab Environmental Protection Agency (EPA) has announced a strict ban on all vehicles without green stickers, effective from November 15, to combat rising air pollution. The move is part of the intensified effort of the provincial government to improve air quality in Lahore, which has deteriorated over the past few months due to pollution….
BYD’s YANGWANG U9 Xtreme has become the fastest electric hypercar ever to lap Germany’s legendary Nürburgring Nordschleife, clocking an official time of 6 minutes 59.157 seconds and breaking the seven-minute barrier for the first time in its class. The record, achieved on August 22, 2025, comes just weeks after the U9 Xtreme set a global…
Meezan Bank, in collaboration with Changan Motors, has launched a Shariah-compliant auto financing offer for the Alsvin sedan and Oshan X7 SUV under its Car Ijarah program. The limited-time offer features revised prices, attractive rental discounts, and a free maintenance package. How to Apply Applying for the Car Ijarah facility is simple and fully digital….
Ghandhara Automobiles Limited (GAL) has posted net earnings of Rs 1.7 billion in 1QFY26. The company announced 1QFY26 result on Wednesday wherein the company posted onsolidated net earnings of Rs1.7bn (EPS Rs29.3) compared to net earnings of Rs601mn (EPS Rs10.5) in the same period last year. The result came higher than our expectation due to…
After launching the all-electric JAECOO J6 and OMODA E5 earlier this year, Nishat Motors has now introduced the JAECOO J7 PHEV in Pakistan. The mid-size plug-in hybrid SUV aims to bridge the gap between electric and fuel-powered vehicles in a market where charging facilities remain limited. The JAECOO J7 PHEV delivers a practical mix of…
Atlas Honda has launched a new installment plan for the Honda CG150, providing zero markup financing options through a partnership with Bank Alfalah across Pakistan. The offer enables Bank Alfalah credit card holders to purchase the motorcycle with flexible payment tenures of three, six, twelve, eighteen, twenty-four, or thirty-six months. Buyers choosing three- or six-month…
Changan Motors has launched a limited-time promotion on its popular Oshan X7 SUV, offering buyers savings of up to Rs. 500,000 on this spacious seven-seater vehicle. Under this offer, prices for the Oshan X7 now start at Rs. 8,274,000, making it an appealing choice for families seeking modern features and ample cabin space. The promotion…
Sazgar Engineering Works Limited (SAZEW) reported a 5% year-on-year increase in quarterly profit, driven by robust four-wheeler sales and higher-than-expected gross margins, signaling continued strength in Pakistan’s auto demand despite new levies on electric vehicles. SAZEW announced its 1QFY26 result, wherein the company recorded profit of Rs4.4bn (EPS of Rs73.06), up 5% YoY. The result…