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...
Car sales up by 21pc in July-June 2017-18
KARACHI: Total car sales have gone up by 21 per cent in the last fiscal year with 216,786 units sold as compared...
Topsun Motors, Pak-China Motors accorded Greenfield status
Topsun Motors will setup assembly plant in Multan, the company has signed an exclusive cooperation agreement with Chongqing Big S&T Dev Group Ltd & Mianyang Huarui Automotive Co. Ltd. China for the production of LCVs with an initial investment of Rs5.43 million
Pak Suzuki to retire Mehran VX from November
ak Suzuki has in a notification to its dealers nationwide announced that it will be discontinuing Mehran VX Model SB-308 (without air-conditioner) from November this year
Market Daily: KSE-100 index turns green, adding 164 points
The KSE-100 index resurrected from a negative 727.17 points, just 2.31 per cent away from 52-week low levels, up to intraday high of a positive 281.31 points. It ended the session higher by 164.33 points at 39,452.81.
Hi-Tech Alloy Wheels Ltd set to get listed on PSX
Loads Limited become the first auto-parts manufacturer company in Pakistan to begin manufacturing of alloy wheels, which were previously being imported by car assemblers for their high-end vehicles
No requirement to be a tax filer for vehicles below 1000cc: Tax authorities
ISLAMABAD: While the Federal Board of Revenue (FBR) has imposed the conditions for filers for the purchase of new/imported vehicles from July...
Customs in a jumble as stolen vehicles from Japan worth Rs200m await final decision
ISLAMABAD: The Collectorate of Customs Lahore is all set to manage Rs200 million worth scandal of 14 luxury V8 Land Cruisers and...
Jaguar says ‘bad Brexit’ would mean it could not stay in UK
Shares in Tata plunged to their lowest in more than five years on Thursday, as investors turned jittery on the company, whose biggest business is JLR, which contributed nearly 77 percent of its total revenue in the year ended March 31, 2018
Vintage cars exempt from import tax, to be taxed at $5,000 flat
Under the proposed rules taxation will not vary according to the engine capacity of the car but will be imported at a fixed rate of $5,000 per unit.
Honda Atlas raises car prices amid increasing production costs
KARACHI: Honda Atlas Cars Ltd, has once again increased the prices of its cars including the Civic, City and BR-V in Pakistan...
Trucks, bus’s production posts 13.63 percent increase in July-May FY18
Production of trucks posted an increase of 20.27 percent to 8,544 units in July-May (2017-18) compared to the production of 7,104 units during the same period of last year