Daimler and Geely join forces to build next-gen Smart car
The new vehicle will go on global sale in 2022
BERLIN:Â Mercedes-Benz maker Daimler and Chinese auto giant Geely announced plans Thursday to...
Belarusian dumper trucks enter Pakistani market
Cherat Cement Factory has planned to procure at least 15 heavy-duty BelAZ trucks in a year
NOWSHERA: BelAZ, a Belarusian mining truck...
Suzuki Gixxer 150 launched in Pakistan
Pak Suzuki official says the premium category motorbike, designed on Moto GP style, is for people who are ‘young at heart’
KARACHI:...
Proton officially enters Pakistani car market
ISLAMABAD:Â The joint venture between Malaysia's Proton and Pakistan's Al-Haj Group has been the centrepiece among a series of agreements signed between Pakistan...
US regulators sue VW over emissions scandal
WASHINGTON:Â US stock regulators have sued Volkswagen over the emissions cheating scandal, alleging the German automaker committed fraud by raising billions in corporate...
Tesla unveils Model Y as electric vehicle race heats up
SAN FRANCISCO: Tesla Inc unveiled its Model Y electric sports utility vehicle on Thursday evening in California, promising a much-awaited crossover that...
Volkswagen accelerates electric push as core brand margin slips
VW has brought forward its target of achieving a return on sales of 6pc to 2022, but this will also involve...
Hyundai unveils Santa Fe and Grand Starex in Lahore
Hyundai Nishat Motor (Private) Limited (Hyundai) has officially unveiled its hi-end vehicles, Santa Fe and Grand Starex, in Pakistan. Both vehicles were...
Hyundai Nishat set to unveil two vehicles on Saturday
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
Ghandhara Nissan working on procurement of plant & machinery for automobile plant
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
Hyundai-Nishat plant likely to commence production by end of 2019: Mian Mansha
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
SoftBank’s Vision Fund in talks to invest $1.5 billion in Chinese used car platform: sources
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 Honda Motor Q3 profit plunges 40.2pc, misses estimates
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.
Kia Lucky Motors targeting commercial production by 1st quarter FY19-20
KLM has opened company owned /third-party operated dealerships in some of the metro cities of Pakistan
Toyota runs campaign against ‘own money’ premium on cars
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