Eleven companies from Pakistan exhibit at Automechanika Istanbul 2018
KARACHI: Eleven companies from Pakistan will take part in the Automechanika exhibition to be held from April 5 to 8, 2018 in Istanbul.
Automechanika Istanbul...
General Tyres, Continental Global Holding Netherlands renew technical services agreement
LAHORE: In a notification to the Pakistan Stock Exchange (PSX), General Tyre and Rubber Company of Pakistan Limited (GTR) announced the renewal...
KeepTruckin raises $50mn for technology expansion
LAHORE:Â KeepTruckin a technology company owned by a Pakistani, Shoaib Makani, has raised $50 million to develop additional products and help it expand,...
Auto sector bleeds red as dollar jumps to Rs118Â
KARACHI: The massive rupee devaluation of Rs7.5, which made the dollar to jump to Rs118, has had a negative affect on the...
Woman dies after being hit by Uber self-driving car
SAN FRANCISCO: An Uber self-driving car hit and killed a woman crossing the street in Arizona, police said on Monday, marking the...
Tractor production grew by 50.23 pc in seven months of current FY
ISLAMABAD: Tractors manufacturing in the country witnessed 50.23 per cent growth during first seven months of the current financial year as compared...
Pak Suzuki announces Rs3825.82mn net profit for 2017
LAHORE: Pak Suzuki Motor Company Limited (PMSC) announced its financial results for the year ended December 31, 2017, communicating net profit of...
Car manufacturers suggest tax on resale of new cars to discourage illegal premium
ISLAMABAD: Despite various attempts by the government, car manufacturing companies have failed to end the menace of ‘on money’, an illegal selling fee...
Uber facing license renewal problems in UK
LONDON: Britain’s second city Birmingham is seeking clarity from Uber on its business model as it decides whether to renew the taxi...
US agency probing air bag failure in Hyundai, Kia cars
WASHINGTON: The United States (US) National Highway Traffic Safety Administration said on Saturday it is opening an investigation to determine why some...
Toyota, Uber in talks on self-driving tech
TOKYO: Uber Technologies is discussing the possibility of installing its self-driving system in Toyota Motor Co vehicles as the United States (US)...
Toyota to increase car prices amidst rupee devaluation
MUZAFFARABAD: The rupee devaluation has made it unsustainable for the Indus Motor Company (IMC) to operate under the present prices of its...
SsangYong Motors keen to introduce premium SUVs in Pakistan
KARACHI:Â Within weeks of launching Daehan SHEHZORE, the senior management of SsangYong Motor Company (SYMC), a well-known premier SUV manufacturer from South Korea...
Car sales increase 15pc in February
KARACHI: The sale of locally assembled cars and LCVs increased by 15 per cent year on year basis for the month of...
Elon Musk frustrated with China’s trade policy, partly agrees with Trump
WASHINGTON: US President Donald Trump has spent the last week railing against trade policies that allegedly put the US companies at a...