United Autos set to launch ‘Bravo’ on 8 September
The highly anticipated United Bravo hatchback car is all set to be unveiled on the 8th of September 2018, which is being...
Apple self-driving car rear ended during road testing
Apple is entering a crowded field where rivals such as Alphabet Inc’s Waymo unit and traditional carmakers such as General Motors Co’s Cruise Automation
Al-Haj obtains exclusive rights to assemble and market Proton vehicles in Pakistan
This agreement will bring in $200-300 million of investment in Pakistan
Indus Motors profits surge 25pc YoY, touch Rs15.772mn
Indus Motor is going to make a capital expenditure of Rs3.3 billion to increase production capacity from 65,000 units to 76,000 units on a double-shift basis which is anticipated to produce great benefits in FY20-21
United Auto’s gearing to launch 800cc Bravo hatchback by 1st September: Report
In November last year, United Auto Industries announced it was venturing into car manufacturing and was gearing up to launch an 800cc car
MoIP to present case to incoming PTI government for revival of EDB
The EDB, which was a part of MoIP was disbanded after allegations of corruption and malpractices surfaced and creating roadblocks in the way of investment of billions of dollars
IMC gearing to launch Toyota Rush on August 30th: Report
The first few hundred units of Toyota Rush are going to be CBUs and per PakWheels it isn’t clear if IMC will be assembling the vehicle locally or keep selling it as a completely-built unit
World Bank’s insurance arm issues guarantee for $66m loan to Sojitz Corporation
The guarantee issued by WB’s insurance arm will assist the construction, design and operation of a Hyundai vehicle assembly plant to be established in Lahore
Toyota records best quarterly profit in 2.5 years on higher Asia sales
Global retail vehicle sales rose 1 percent to 2.6 million units in the quarter, boosted by an 8.5 percent lift in Asia
Honda puts off plans to launch new car
KARACHI: The management of Honda Atlas Cars Pakistan (HACP) has deferred the introduction of a new locally-assembled car owing to the country’s...
Govt restrictions on non-tax filers bite auto companies, as delivery period of new car shortens
The last government in its budget presentation for FY19 had levied restrictions on non-filers of tax returns which prevents them from acquiring or importing vehicles
Honda’s profit down to Rs1.050 billion, down 50 per cent
Honda Atlas Cars (HCAR) has posted a profit of Rs1.050 billion in its first quarter result for the period of April-June 2018 compared to Rs2.086 billion in the same period last year.
An eye for detail
Passion for the vintage stuff – from cars to guns – provides an opening to Junaid Ahmed to pioneer in lucrative car detailing business
Imports of vehicles, parts rise as demand remains robust
Import of parts and accessories for domestically assembled cars surged by 23 percent, touching $809 million compared against $660 million in FY17.
IMC bags gold medal in Asia Pacific skill contest
KARACHI: Team of Indus Motor Company (IMC) wins 4 medals, at “Asia Pacific Skill Contest 2018” in Thailand, defeating India, among other...