Tuesday, February 10 2026

Honda reports more than 60% year-on-year drop in quarterly operating profit
Honda Motor said on Tuesday its third-quarter operating profit fell 61.4%, marking a fourth consecutive year-on-year decline, as U.S. import tariffs and weakening demand for electric vehicles weighed on results. Japan’s second-biggest automaker after Toyota Motor reported operating profit of 153.4 billion yen ($987.07 million) for the period, missing the 174.5 billion yen average forecast from nine analysts polled by LSEG. That compared to a 397.3 billion yen operating profit in the same quarter a year earlier. The company maintained its operating profit forecast for the year ending March 2026 at 550 billion yen. It said its automobile business booked an operating loss for the first nine months of the financial year.
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Related symbols: hcar (news stock)

Friday, January 30 2026

Pak Suzuki seeks auto policy push for parts localisation
Managing Director and Chief Executive Officer Pak Suzuki Motor Company Limited Hiroshi Kawamura said the company is looking forward to a new auto policy that encourages greater localisation of parts. "Suzuki continues assisting in the development of Pakistani vendor companies so they can meet global standards," Kawamura said while talking to the media at the SME Cluster Expo in Lahore the other day. He said foreign investment is extremely important for Pakistan, not only for bringing in overseas dollars but also for transferring technology and building industrial capability. "Pakistan needs strong SMEs, and it also needs strong foreign partners. This Expo plays an important role in connecting SMEs with large industry, opening new opportunities and strengthening Pakistan's industrial ecosystem.
Related news categories: auto-assembler business economic-indicators psx stock-exchanges
Related symbols: psmc (news stock)

Wednesday, January 14 2026

Pakistan auto sales jump 42% in 1HFY26
Auto sales have continued their positive momentum, registering an increase of 42% during the first six months of the current fiscal year (July to December FY2026) in Pakistan. According to data released by the Pakistan Automotive Manufacturers Association (PAMA), sales of cars rose by 42% to 65,910 units during the six-month period. Sales of jeeps and pickups increased by 58% to 22,412 units. Whereas, sales of trucks and buses jumped by 106% and 52%, clocking in at 3,071 units and 461 units, respectively. Motorcycles and rickshaws sales also surged by 32% reaching 921,566 units. On the other hand, sales of farm tractors registered a decline of 26%, dropping to 12,929 units, during the six-month period. Shafiq Ahmed Shaikh, an auto sector expert, said that the data suggest a “major recovery” for the industry.
Related news categories: auto-assembler business economic-indicators misc