Nissan board unlikely to select new chairman on Monday: source

Ghosn has been held in a Tokyo jail since he was arrested on Nov. 19 on suspicion of conspiring to understate his pay by about half of the actual 10 billion yen ($88 million) awarded over five years from 2010

Automotive sales in July, August 2023, worse than the same months during the pandemic

Cars and motorcycles record worst 2MFY sales in five years

Import of used cars: MoC issues clarification

ISLAMABAD: Ministry of Commerce (MoC) has issued a clarification aimed at the general public and overseas Pakistanis regarding its decision of streamlining the...

Electric vehicle policy to be unveiled on November 30, says minister

Minister for Industries outlines licensing and infrastructure plans in Senate session

PM wants electric vehicle policy finalised in two weeks

PM was informed that the main reason behind environmental pollution in Punjab was smoke emitted by the vehicles ISLAMABAD: The Ministry of Climate...

Panther Tyres: the quiet growth story in the automotive industry

The company grew revenues by 38% in fiscal 2024 even as the industry struggled with slowing sales of cars and other automobiles

Record low annual profit in five years: Honda’s year of turmoil 

Honda’s year end earnings collapse by 90% year-on-year 

Sazgar and its ability to adapt is reaping dividends

The only constants at the company are change and profits

Pandemic e-commerce surge spurs race for ‘Tesla-like’ electric delivery vans

Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks...

Govt, auto sector to review vehicle prices in December

IMC chief says removal of federal excise and additional custom duties can help the industry reduce vehicle prices

Car assemblers facing technical problems due to substandard fuel: PAMA

ISLAMABAD: Honda’s complain regarding substandard fuel being provided by OMC’s has opened a hornet’s nest, as it has led to a creation...

Dewan Farooque Motors plans to kickstart local assembly of KIA Shehzore

Plans include after-sales services through a nationwide dealership network

Pak Suzuki expected to announce major CKD model upgrade, extension

KARACHI: Pak Suzuki (PSMC) is expected to announce a major CKD model upgrade or extension, meanwhile, the launch of Mega Carry Xtra...

Vintage cars exempt from import tax, to be taxed at $5,000 flat

Under the proposed rules taxation will not vary according to the engine capacity of the car but will be imported at a fixed rate of $5,000 per unit.

FBR proposes higher withholding tax on vehicles with engine capacity above 1300cc in 2025-26 budget

Proposed increase in tax rates aims to boost revenue collection in the new fiscal year