Motorcycle production falls 10pc to 1.6mn units in eight months
The production of tractors also witnessed a decrease of 30pc, as it went down from 45,576 units in 8MFY18 to 31,879 unitsISLAMABAD: The production...
Car sales decline 14pc in April
Over 17,000 passenger cars were sold during the month of April 2019, according to a Pakistan Automotive Manufacturer's Association (PAMA) report. The cumulative sale...
PM vows facilitation of foreign investors
'Only foreign investment can steer the country out of prevalent economic crisis'Prime Minister Imran Khan said on Saturday that only foreign investment could...
German car sales stuck in reverse gear
FRANKFURT: New car registrations in Germany fell back in April, official data showed on Friday, in a sign the vital industry is still grappling with...
Indus Motor jacks up car prices by up to Rs307,000
Indus Motor Company (IMC) has jacked up prices of various models by Rs65,000 –Rs307,000, effective from Saturday.After the revised price, the new rates of...
Locally-assembled Changan vehicles to roll out in April
Master Motors CEO says the company has built a manufacturing plant in Karachi with a production capacity of 30,000 vehicles per annumISLAMABAD: Master Motor...
Pak Suzuki launches all-new Alto 660cc
As per estimates, the starting price of Suzuki Alto 2019 variants will be around Rs0.96m and it may go up till Rs1.2mPak Suzuki Motor Company...
Toyota sees new business opportunity in leveraging hybrid tech
TOYOTA CITY: The head of Toyota Motor Corp's electric vehicle (EV) business has said that the automaker has received enquiries from more than 50...
Honda launches 10th generation Civic 2019 in Pakistan
Honda Atlas Cars Pakistan Limited (HACPL) has launched the eagerly-awaited Civic 2019 – 10th generation, in Pakistan.Following the values that created the identity of...
15 automakers awarded Greenfield status under ADP
ISLAMABAD: Under the Auto Development Policy 2016-2021, 15 new companies have been awarded the Greenfield status while two companies have been awarded the Brownfield status...
Hyundai Motor, Tencent tie up to develop self-driving cars software
SEOUL: South Korean automaker Hyundai Motor Co and Chinese technology firm Tencent Holdings have signed a preliminary deal to develop software for driverless vehicles,...
Govt decides to withdraw 10pc duty on 1,700cc and above cars
ISLAMABAD: Succumbing to the pressure of local car manufacturers/assemblers, the government is all set to withdraw its decision of imposing 10pc federal excise duty (FED)...
GM, Ford and Toyota join to advance self-driving testing, standards
Three major automakers said on Wednesday they were forming a consortium to help draw up safety standards for self-driving cars that could eventually help...
More than half of new cars in Norway are electric
OSLO: Electric cars for the first time accounted for more than half of new cars in Norway in March, official data showed on Monday, as...
Pak Suzuki jacks up car prices, again
Price of Wagon R has been increased by Rs40,000, Cultus VXR by Rs30,000 and Ciaz by Rs100,000Pak Suzuki has again increased the prices...
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Offshore drilling near Karachi coast completed
ISLAMABAD: Offshore drilling near Karachi coast on Indus G-Block (Kekra-1) has finally been completed after four months of hard work. The drilling was done through...
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KSA minister sees no oil shortage, but OPEC to act if...
JEDDAH: Saudi Arabia’s Energy Minister Khalid al-Falih said on Saturday that he saw no oil supply shortage as global oil inventories are still rising, particularly...
