Bookings for Kia Picanto from next week

After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its customers. The company...

Car sales plunge 42pc in August

Pakistan's auto industry sold 10,222 units in the second month of the fiscal year 2019-20 (FY20), down 42pc on a yearly basis, as the...

Toyota tests solar-powered Prius in quest for plugless electric car

TOKYO: Inspired by new ultra-thin solar panels developed for satellites, a project led by Toyota Motor Corp is experimenting with a sun-powered Prius that...

Ferrari mixes sport with power in new Spider and GTS models

MARANELLO: Italy’s Ferrari showed off two new cars on Monday as it pursues an aggressive roll-out of new premium models to sustain turbo-charged core earnings...

India’s monthly passenger vehicle sales log worst-ever drop in Aug

NEW DELHI: India's monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to data released by an industry body...

Toyota may replace Corolla XLi, GLi with Yaris sedans to counter price hike

Toyota may halt the production of Corolla XLi and GLi variants and replace them with Yaris sedans, following the dramatic fall of Pakistani Rupee...

HACPL launches 10th generation Honda Accord in Pakistan

Honda Atlas Cars Pakistan Limited (HACPL) has launched the All-new Honda Accord, one of the high-end models that have received an excellent response from...

India’s Maruti Suzuki cuts 3,000 contract jobs

NEW DELHI: Maruti Suzuki India Ltd Chairman RC Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary employees, as the...

Indus Motor’s profit drops 13pc in FY19

The Board of Directors of Indus Motor Company (IMC) met on Tuesday to review the company's financial and operating performance for the year ended...

Car sales drop 42pc in July

LAHORE: Auto sales witnessed a significant decline of 29pc in the first month (July) of the fiscal year 2019-20, as compared to the same...

Production of light commercial vehicles drops 16.19pc

ISLAMABAD: The production of light commercial vehicles (LCVs) witnessed a decrease of 16.19pc during the first eleven months of the fiscal year 2018-19, as against...

KLM officially launches KIA Sportage in Pakistan

Kia Sportage is Pakistan’s first locally-assembled all-wheel SUV with 100,000km or four years warranty LAHORE: KIA Lucky Motors (KLM) on Wednesday launched its much-awaited...

JICA apprised on tech-related investment opportunities in textile, auto sectors  

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Tuesday apprised the members of a Japanese delegation that the Auto Development Policy 2016-21...

Car production dips 5.32pc in 11 months

ISLAMABAD: The production of cars and jeeps witnessed a decrease of 5.32pc during the first eleven months of the fiscal year 2018-19, as against...

BMW profits dented by electric vehicle investment costs

FRANKFURT: German high-end carmaker BMW on Thursday reported slumping second-quarter profits, with pricey investment in electric cars sapping the bottom line, but it remained...

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Bookings for Kia Picanto from next week

After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its customers. The company...

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K-Electric reports Rs12.3bn profit for FY18

KARACHI: The Board of Directors of K-Electric Limited recently approved the company’s financial results for the year ended 30 June 2018. During the reporting period,...