Toyota speeds up electric vehicle schedule as demand heats up
'Toyota is now faced with a higher-than-expected demand for cars that use batteries, rather than gasoline'
TOKYO:Â Toyota Motor Corp aims to get...
EDB opposes relaxation for importers of used cars
'Facilitation of importers will undermine the expected investment plan of $3.2bn in the auto sector'
ISLAMABAD:Â As the government was mulling to withdraw...
Fraud probe targets top Porsche bosses: report
FRANKFURT:Â Three top executives at Volkswagen subsidiary Porsche including chief Oliver Blume are under investigation over alleged excessive payments to a former works...
German prosecutors raid Porsche in corruption probe
FRANKFURT:Â Prosecutors in Stuttgart said they raided German sports car maker and Volkswagen subsidiary Porsche on Tuesday on suspicion that an auditor was...
Govt urged to discourage import of used cars
ISLAMABAD:Â Pakistan Automotive Manufacturers' Association (PAMA) and Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) have warned the government that any move...
Razzak Dawood reaffirms Al Futtaim-Renault after threats of exiting Pak market
Additionally, the investors are also seeking an extension of 10-year tax holiday under the SEZ incentives.
‘All your Grandes and Civics are coffins on wheels, and local assemblers are the undertakers’: BS or not?
Mubasher Lucman has a bone to pick, and this time it’s with the car manufacturing industry in Pakistan. The talk show host...
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:Â The Ministry of Climate...
Crisis-hit Nissan shakes up board, keeps boss
TOKYO:Â Japanese car giant Nissan shook up its executive board on Friday, adding a top director from partner Renault as it battles the...
Motorcycle production falls 10pc to 1.6mn units in eight months
The production of tractors also witnessed a decrease of 30pc, as it went down from 45,576 units in 8MFY18 to 31,879...
Car sales decline 14pc in April
Over 17,000 passenger cars were sold during the month of April 2019, according to a Pakistan Automotive Manufacturer's Association (PAMA) report. The...
PM vows facilitation of foreign investors
'Only foreign investment can steer the country out of prevalent economic crisis'
Prime Minister Imran Khan said on Saturday that only foreign...
German car sales stuck in reverse gear
FRANKFURT:Â New car registrations in Germany fell back in April, official data showed on Friday, in a sign the vital industry is still...
Indus Motor jacks up car prices by up to Rs307,000
Indus Motor Company (IMC) has jacked up prices of various models by Rs65,000 –Rs307,000, effective from Saturday.
After the revised price, the new...
Locally-assembled Changan vehicles to roll out in April
Master Motors CEO says the company has built a manufacturing plant in Karachi with a production capacity of 30,000 vehicles per...