Car sales decline 39pc in Sept

Car sales in Pakistan registered a decline of 39pc in Sept 2019, compared with the same month of last year. This is primarily attributable to...

Toyota unveils revamped hydrogen sedan to take on Tesla

TOKYO: Toyota Motor Corp unveiled a completely redesigned hydrogen-powered fuel cell sedan on Friday in its latest attempt to revive demand for the niche technology...

Hyundai opens digital store in Karachi, unveils ‘Ioniq’ hybrid car

KARACHI: Hyundai Nishat Motor (Private) Limited (HNMPL) on Tuesday unveiled its 'Ioniq' hybrid car while inaugurating its digital showroom at the Emerald Tower in...

Govt urged to restrict dealers from charging premium on car delivery

ISLAMABAD: Car manufacturers have urged the government to take administrative and legal action against car dealers for "charging anything over and above the invoiced amount...

Alto keeps Pak Suzuki afloat amid crisis in auto industry

Unlike its competitors, Pak Suzuki Motor Company (PSMCL) has not seen a single non-production day (NDP) during the last three months owing to the...

Sales of motorbikes, three wheelers decline 9.9pc in Aug

ISLAMABAD: The sales of motorcycles and three-wheelers dipped 9.91pc in August 2019 when compared with the corresponding month of last year, Pakistan Automobile Manufacturing...

Car dealers to go on strike over exorbitant import duties

The car dealers of Lahore are mulling to hold a strike on The Mall if both the provincial and federal governments fail to address...

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...

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Rs100 billion worth of tax fraud discovered by FBR

KARACHI: The country's corporate sector has been found involved in at least Rs100 billion of tax evasion and avoidance during the last four months,...

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PSX outperforms world stock markets in three months

ISLAMABAD: Pakistan stocks have outperformed the world's leading stock markets during the last three months due to the government's steps to stabilise economy, Bloomberg reported...