VW has brought forward its target of achieving a return on sales of 6pc to 2022, but this will also involve cutting jobsWOLFSBURG:...
Hyundai Nishat Motor (Private) Limited (Hyundai) has officially unveiled its hi-end vehicles, Santa Fe and Grand Starex, in Pakistan. Both vehicles were on display...
Hyundai-Nishat Motors is considering starting its operations with the sale of fully loaded sports utility vehicle (SUV)-Santa Fe & the second variant to be unveiled includes Grand Starex, a 12-seat light commercial vehicle (LCV) for commuting purposes
During the financial year 2017-18, the company issued right shares to partially finance the investment for the revival of car assembly facility and allied activities for Datsun passenger car project
The business tycoon disclosed that hybrid vehicles are already here for trial testing and there was a reasonable demand for them and will be available for sale within the next two months
The fund is likely to invest up to $1.5 billion in Guazi in a deal that would value the firm at $8.5 billion before the investment, according to one of the sources, who had direct knowledge of the situation
Japan’s third-biggest automaker posted a profit of 170.1 billion yen ($1.56 billion) for October-December, from 284.5 billion yen in the same period a year earlier.
KLM has opened company owned /third-party operated dealerships in some of the metro cities of Pakistan
Toyota is one of the first auto companies to move towards the eradication of premium or ‘own money’ after the government’s stance of declaring the practise illegal
Renault SA, Nissan Motor Co Ltd and Mitsubishi Motors Corp together sold 10.76 million passenger cars and light commercial vehicles in 2018, according to calculations after new data released on Wednesday
A Nissan spokesman confirmed the automaker received an inquiry from the U.S. regulator, without giving further details
Herbert Diess told the World Economic Forum in Davos that he expected a difficult first quarter for Volkswagen and other automakers as the trade dispute between the world’s two largest economies sours consumer confidenc
Daimler is also thinking about a broader battery’s alliance in view of the challenge carmakers face trying to police potential ethical or human rights violations mining rare earths like Cobalt, which is needed for electric car batteries
Allahwala also revealed that “nine automotive manufacturers were working to bring an investment worth $1.50 billion to Pakistan”
He is willing to offer a higher bail amount to secure his release and remain in a Tokyo apartment his family has leased, the spokeswoman said, without specifying the bail amount