KIA-Lucky to start operations with imported cars next year
KARACHI: KIA-Lucky Motors, which is set to start production of KIA cars in Pakistan, will first import cars in 2018 most probably...
The curse of ‘on’ money
As car prices have risen and demand has risen with them, premiums are also shooting up
Prices of Pakistani assembled cars among the lowest globally: Munir K. Bana
KARACHI: Loads Limited CEO Munir K. Bana believes the domestic automobile industry will have to immediately localize in wake of increasing competition...
Volkswagen’s entry to challenge dominance of Asian producers in Pakistan: Fitch Solutions
Fitch Solutions projected LCV sales in Pakistan to average annual growth of 8.7% over FY19-FY22, reaching a total of around 40,400 units by the end of FY22
Hyundai Motor, Tencent tie up to develop self-driving cars software
SEOUL: South Korean automaker Hyundai Motor Co and Chinese technology firm Tencent Holdings have signed a preliminary deal to develop software for...
Car sales inch up by 1.1 percent in July-September 2018
The country’s auto sales grew by 3 percent YoY in September 2018, breaking the trend of falling volumes in the past couple of months
Honda jacks up car prices by up to Rs425,000
Honda Atlas Cars (Pakistan) Limited (HACPL) has increased the rates of its cars by up to Rs425,000, according to a statement issued...
Sindh excise & taxation recovers record Rs700 million from vehicle tax defaulters
Sindh's Minister for Excise and Taxation Mukesh Kumar Chawla extended his gratitude to the media for advertising the campaign
Indus Motors on the path to recovery
The company has seen an improvement in its half year results and announced further investment in Pakistan
Pak Suzuki jacks up car prices, again
Price of Wagon R has been increased by Rs40,000, Cultus VXR by Rs30,000 and Ciaz by Rs100,000
Pak Suzuki has again increased...
Government proposes major tax exemptions for Electric Vehicles
ISLAMABAD:In order to promote the use of electric vehicles in the country, the government has decided to offer massive tax exemptions.
As per...
Betting on death of petrol cars, Volvo to go all electric by 2030
LONDON: Volvo’s entire car line-up will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of...
Meezan Bank and Hyundai Nishat Motor sign Rs5.66b Islamic finance facility
Meezan Bank is the sole lead arranger of this Islamic finance facility for Hyundai Nishat to finance its upcoming vehicle manufacturing project
GNL working with Nissan Motor Japan for localization of parts
Ghandhara Nissan said NML teams had paid a visit to domestic suppliers for determining their quality and capacity, however, the majority of them didn’t qualify as per the global standards set by NMI
Pak Suzuki again ratchets up prices of vehicles by Rs40,000
The prices of Suzuki Swift DLX and AT have been jacked up to Rs1,515,000 and Rs1,651,000 and Cultus VXR, VXL and AGS prices have been revised upwards to Rs1,380,000, Rs1,501,000 and Rs1,608,000