Indus Motor’s profit drops 13pc in FY19
The Board of Directors of Indus Motor Company (IMC) met on Tuesday to review the company's financial and operating performance for the...
Car sales drop 42pc in July
LAHORE: Auto sales witnessed a significant decline of 29pc in the first month (July) of the fiscal year 2019-20, as compared to...
Production of light commercial vehicles drops 16.19pc
ISLAMABAD:Â The production of light commercial vehicles (LCVs) witnessed a decrease of 16.19pc during the first eleven months of the fiscal year 2018-19,...
KLM officially launches KIA Sportage in Pakistan
Kia Sportage is Pakistan’s first locally-assembled all-wheel SUV with 100,000km or four years warranty
LAHORE: KIA Lucky Motors (KLM) on Wednesday launched...
JICA apprised on tech-related investment opportunities in textile, auto sectors Â
ISLAMABAD:Â Adviser to Prime Minister on Commerce Abdul Razak Dawood on Tuesday apprised the members of a Japanese delegation that the Auto Development...
Car production dips 5.32pc in 11 months
ISLAMABAD: The production of cars and jeeps witnessed a decrease of 5.32pc during the first eleven months of the fiscal year 2018-19,...
BMW profits dented by electric vehicle investment costs
FRANKFURT: German high-end carmaker BMW on Thursday reported slumping second-quarter profits, with pricey investment in electric cars sapping the bottom line, but...
Alto 660cc set to get up to Rs150,000 costlier
LAHORE: Pak Suzuki Motor Company (PSMC) is all set to increase the price of Alto 660cc by Rs100,000 to Rs150,000 from August...
Toyota, China’s BYD team up to develop battery EVs
TOKYO:Â Toyota Motor said it would develop battery electric vehicles (EVs) and batteries with BYD Co Ltd, in a sign it was ramping...
BMW, Tencent to open computing centre in China for self-driving cars
BEIJING: German automaker BMW and Chinese online gaming giant Tencent Holdings are teaming up to launch a computing centre in China that...
Pak Suzuki to maintain current production
Following the new taxation laws and hike in car prices, two of the leading auto manufacturers have already announced that they will...
Renault sales fall in weakening auto market
PARIS: French auto giant Renault said on Tuesday its first-half sales were hit by a slowdown in several emerging countries but overall...
After Honda, Toyota to halt production in Pakistan
After the decision of Honda Atlas Cars Pakistan (HACP) to shut down its plant for 10 days, Indus Motor Company (IMC), which...
Ford, Volkswagen expand alliance to electric autos
NEW YORK: Auto giants Volkswagen and Ford announced Friday they were expanding their alliance to include the development of self-driving cars.
The announcement...
Audi sees record half-year sales in China
CHANGCHUN: The Sino-German auto joint venture FAW-Volkswagen said a record 311,871 Audi vehicles were sold in China in the first half of...