Tag: Automobile Sector
-
Declining sales: KIA slashes Sportage prices by up to Rs300,000
In a strategic move to stimulate demand, Lucky Motor Corporation, formerly known as Kia Lucky Motors Pakistan, has announced a significant reduction in the prices of its popular compact SUV, the Sportage.
-
Factors behind the continuous decline in car financing in Pakistan
In January 2024, the automobile financing sector in Pakistan witnessed a significant downturn, as car financing recorded a notable decrease to Rs246.26 billion.
-
PSX bounces back with gain of nearly 500 points
The Pakistan Stock Exchange (PSX) welcomed a resurgence of bullish activity as the KSE-100 Index marked a substantial gain of nearly 500 points in Tuesday’s trading session. At 1:55 pm, the benchmark index stood at 66,496.21, reflecting a noteworthy increase of 483.89 points, or 0.73 per cent. The positive momentum was evident in key sectors…
-
Car sales in Pakistan witness 57% decline in July 2023 compared to last year
In the midst of ongoing economic uncertainty, the automobile sector has encountered a substantial decline in car sales, marking another significant setback.