Auto sales likely to increase 60pc YoY in FY21

LAHORE: The country's auto industry sales are likely to grow 60pc in the current fiscal year (FY2020-21), with total sales expected to...

Electric vehicle policy to be incorporated in ADP 2021-26

ISLAMABAD: The government has decided to incorporate the policy for electric vehicles in the next auto policy (2021-26). As the Automotive Development Policy...

Automakers Hyundai, Kia warn of $2.9bn hit to earnings over US quality woes

SEOUL: Hyundai Motor and affiliate Kia Motors warned of another $2.9 billion of provisions related to engine issues, bringing their total hit...

Govt, auto sector to review vehicle prices in December

IMC chief says removal of federal excise and additional custom duties can help the industry reduce vehicle prices

Tesla CEO Musk suggests India entry in 2021

BENGALURU: Tesla Inc chief executive Elon Musk indicated on Friday that the US electric carmaker will make a foray into India in...

Covid-19 boosts online trading of automobiles in Pakistan

ISLAMABAD: During the period when lockdown was imposed and showrooms, markets and weekly bazaars remained closed across the country, the online trading...

Senate body concerned over low standard, high prices of vehicles

ISLAMABAD: While the Ministry of Science & Technology and the Ministry of Industries & Production are not on the same page for...

Pandemic e-commerce surge spurs race for ‘Tesla-like’ electric delivery vans

Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks...

Car manufacturers concerned over ‘hollow claims’ of Fawad Chaudhry

PAMA says S&T ministry preparing national standards for vehicles 'without basic facilities'

Pak Suzuki raises prices of two-wheelers again

Pak Suzuki Motor Company Limited (PSMCL) has announced an increase in prices for its two-wheelers which is the second increase announced by...

Hyundai-Nishat introduces flagship vehicle ‘Tucson’

Hyundai Nishat Motor Limited on Wednesday announced the launch of its flagship vehicle, Hyundai Tucson, as other automobile dealers and manufacturers reported...

Car manufacturing down 49.73pc YoY in July

ISLAMABAD: The production of passenger cars in the country posted a record decline of 49.73 per cent to 8,280 units during the...

July 2020: Cars sales surge 36pc MoM as govt eases Covid restrictions

The sale of cars increased by 8pc YoY to 11,501 units in July 2020, as compared to the sale of 10,968 units...

Indus Motor’s profit plunges 63pc in FY20

INDU's after-tax profit falls from Rs13.71bn in FY19 to Rs5.08bn in FY20 

Toyota ekes out weakest Q1 profit in 9 years as pandemic halves car sales

TOKYO: Toyota Motor Corp eked out its smallest quarterly profit in nine years as the coronavirus pandemic halved its car sales and...