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Tag Archives: Auto

Auto sector in sorry state of affairs

Auto sector in sorry state of affairs

The COVID-19 pandemic has adversely affected growth in key sectors of Pakistan’s economy and the auto sector is not an exception. The country’s auto sector was already facing a slump before the outbreak of the coronavirus pandemic for many reasons …

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Auto sector performance and outlook

Auto sector performance and outlook

Reportedly, utilization capacity, on stated double shift capacity basis of major OEMs for CY19 declined as compared to CY18 as the industry dealt with a hampered demand outlook, specifically as consumers suffered from ‘sticker-shock’ over rabid price hikes. The lessons …

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Auto sector of Pakistan in tight spot

Auto sector of Pakistan in tight spot

The automobile industry, along with the auto components industry, is one of the core industries in Pakistan. A well developed transportation system plays a key role in the development of an economy, and Pakistan is no exception to it. Automobile …

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Impact of global recession on local auto industry

Impact of global recession on local auto industry

Through 2018-19, the global auto industry was having vociferous recession in the sales and projections are painting similar decline in the current year. This protracted shrinkage would result into massive economic threats. Economists are optimistic that this would not last …

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Auto & Allied Industry (Facts & Figures)

COVID- 19 pandemic ushers new wave of digitalization (Facts & Figures)

Pakistan: Export Receipts By Engineering Goods  (Thousand US Dollar) Details Jul-Jun DecFY19 NovFY20 R DecFY20 P Jul-Dec FY18 FY19 FY19 FY20 P Engineering Goods 233,489 238,212 15,799 74,692 20,199 103,742 198,154 A) Electric Fans 29,265 29,088 1,811 1,308 2,029 11,428 …

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Review of automobile imports

According to the Pakistan Bureau of Statistics (PBS) imports into Pakistan during December 2019 worth to Rs. 625,463 million (provisional) as compared to Rs. 612,215 million (provisional) in November, 2019 and Rs. 609,596 million during December 2018 explaining a rise …

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Palladium prices rising to new highs

Palladium prices rising to new highs

Palladium, relatively unknown precious metal in Pakistan, has lately emerged one of the most valuable four precious metals around the world. Its price has doubled in a little more than one year, making it more expensive than gold. Analysts say …

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