Wednesday, February 11 2026

Pakistan car sales jump 43% YoY in first seven months of FY26
Car sales in Pakistan increased by 43% year-on-year (YoY) to 111,377 units in the first seven months of the fiscal year 2025-26 (FY26), showed Pakistan Automotive Manufacturers Association (PAMA) on Tuesday. Car sales (including LCVs, Vans, and Jeeps) stood at 77,686 units in 7MFY25. “There are two reasons for the increase in sales of all vehicles; a decrease in interest rate set by the State Bank of Pakistan (SBP) and light-and-small industry improved performance following a boost in auto sales,” auto analyst Mashood Khan said.
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PSMC exports first shipment of Ecstar engine oil to Oman
Pak Suzuki Motor Company (PSMC) has successfully exported its first shipment of Ecstar engine oil to Oman, becoming the first Original Equipment Manufacturer (OEM) in Pakistan to achieve this milestone. According to an official announcement made by the PSMC, the Ecstar is a globally trusted engine oil brand, renowned for its high performance automotive, motorcycle, and outboard engine oils. Pak Suzuki already exports parts to Vietnam and accessories to Europe and Japan. This shipment marks their debut lubricant export to the Middle East, signaling plans for further international growth. Pak Suzuki Managing Director Hiroshi Kawamura, President and CEO Idemitsu Lube Pakistan (Pvt) Ltd Tomohiro Yamashita witnessed the ceremony along with their teams. At the ceremony, the Managing Director of Pak Suzuki Motor Company highlighted the company’s longstanding history, noting that it was established in 1983.
Related news categories: auto-assembler business economic-indicators psx stock-exchanges
Related symbols: psmc (news stock)

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.
Related news categories: auto-assembler business economic-indicators psx stock-exchanges
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)