RMS makes bid for Baluchistan Wheels 

Company intends to acquire 81.78% of Baluchistan Wheels

Toyota revamps iconic Land Cruiser with hybrid version

Toyota (7203.T) on Wednesday unveiled the first hybrid version of its Land Cruiser that it will bring to North America and other key...

SECP finds only 2.77% of total registered vehicles in Pakistan are insured

At 2.77%, Pakistan lags behind countries like India, Bangladesh, Sri Lanka, and Uganda 

Suzuki to resume motorcycle production after Independence Day

The company will observe a plant shutdown from July 31 to August 15 

Fiscal year 2023 ends with 12 consecutive months of contractions in automotive credit 

Outstanding credit shrank by Rs 74 Arab, ending two fiscal years worth of growth in automotive loans 

FBR adds another category for vehicles imported by diplomats 

Vehicles sold within two years of import will be levied 100% of prevailing duties, and taxes 

Pakistani automotive industry sees out worst fiscal year since pandemic

Volume dips year-on-year by 37.7% for a contraction of 8.18 lakh vehicles sold

Highs and lows: Toyota shuts down plant same week it unveils HEV

The company unveiled the new HEV in a star-studded assembly whilst announcing that it will be suspending production next week the very next day

Okayker sets target on car mechanics with $700,000 in seed funding

Company claims it will revolutionize Pakistan’s auto care industry. 

Isuzu, Gandhara Tyres set to raise capital 

Gandhara Automobile’s subsidiaries set to raise Rs 2.5bn in capital if board approves 

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

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

Demand destroyed: Automotive lending down for tenth straight month 

Outstanding automotive at lowest point since June 2021 with Rs58.7b contraction over the past 10 months 

Pakistan aims for 30% of all vehicles to be electric by 2030 

Energy minister discusses proliferation of alternative energy options at Future Energy Asia Conference in Bangkok

Tesla restarts India market talks with new factory proposal

Tesla Inc (TSLA.O) has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told...
Motorcycles-Honda Atlas

Honda to resume production after longest spell of plant shutdown

Company’s official 68 shutdown 'comes to an end' as it announces restart of production activities in the weeks to come