Millat Tractors: set to cultivate sales growth in FY21
How important is agriculture to Pakistan? The sector contributes 18.5% to the country’s gross domestic product (GDP) and employs 38.5% of the...
Atlas Honda increases motorbike prices by up to Rs20,000
Atlas Honda has informed its dealers through a notification that it will be increasing prices of its motorbikes by up to Rs20,000...
Covid and the economic slowdown hit the auto sector hard, but the outlook for 2021 and beyond looks brighter
Is there any silver lining for the automobile sector in the pretty awful year that has been 2020? Yes, and that is...
Govt imposes 7.5pc FED on locally assembled double-cabin vehicles
LAHORE: The federal government has imposed a 7.5 percent duty on double cabin vehicles in the Budget 2020-21, making double cabin vehicles...
Auto manufacturers express reservations on import of used cars
ISLAMABAD: While importers of used cars in the country are reportedly lobbying for relaxation in import policy, local vehicle manufacturers and assemblers...
Pakistan set to export car part to Toyota Vietnam
ISLAMABAD: AuVitronics Limited, is set to export a car part to Toyota Motor Vietnam Co, Ltd. (TMV), making it a member of...
Goldman predicts 36pc drop in iPhone shipment, says time to sell Apple shares
Goldman Sachs said on Friday it expects iPhone shipment to drop 36 per cent during the current quarter due to coronavirus-related lockdowns...
Indus Motors shuts its production plant down
LAHORE: The Indus Motors Company has announced to shut its production plant down as per the federal government's ordinance and advisery.
Through a...
Jet fuel demand to remain low for years as airlines buckle up for tough ride
LONDON/PARIS/SINGAPORE: Demand for flights and jet fuel could take years to recover from the coronavirus crisis as airlines struggle to survive their...
China’s auto industry wastes no time coaxing drivers back to showrooms after lockdown
BEIJING: China’s auto industry has gone from zero to sixty in its post-pandemic campaign drive, with manufacturers and dealers quick to woo...
Ministries lock horns over formulation of automobile standard, EV policy
ISLAMABAD: The Ministry of Industries and Production (MoIP) is opposing the move of the Ministry of Science & Technology (MoST) to formulate...
Toyota Yaris launch likely to be postponed due to virus outbreak
KARACHI: The launch of Toyota Yaris in Pakistan by the Indus Motor Company (IMC) is likely to be postponed because of the...
Car sales plummet 44pc in seven months
ISLAMABAD: The car sales have witnessed a decline of 43.92 per cent during the first seven months of the fiscal year (FY20),...
Pakistan Auto Show draws 25,000 customers on first day
LAHORE: The three-day Pakistan Auto Show 2020 (PAS20) kicked off at the Lahore’s Expo Centre on Friday, attracting more than 25,000 visitors...
EV Policy a paradigm shift in Pakistan’s transport sector: minister
LAHORE: Prime Minister's Adviser on Climate Change Malik Amin Aslam said on Friday the Electric Vehicle (EV) Policy would help transform Pakistan's...