TMC Automobiles (or Transmission Motor Company (PVT) Limited)was a Pakistani automobile make based in Karachi. TMC is renowned in Pakistan for its Alif and Bay models, which are among some of the least expensive in production today, second at least to the Tata Nano, at a mere $2,500. The company closed down in early 2011.The Company was owned by Multi Million Tycoon Asmeer Asif