ERP upgrade halts Suzuki’s production for 12 days
KARACHI: Pak Suzuki has recently upgraded its Enterprise Resource Planning (ERP) to SAP from Oracle which resulted in a 12-day deadlock in...
Toyota Vitz was the highest imported car of 2017
KARACHI: A major spike of 70 percent was recorded in imports of used cars during 2017, touching 65,723 units compared to 38,676...
Pakistan failed to devise specification of manganese additive in petrol
ISLAMABAD: Pakistan has still not formally revised the specifications of fuels and due to which increased content of manganese in gasoline has...
Mortgages escalate 250 percent during 1st quarter of FY 2017-18
KARACHI: Driven by low interest rates regime, State Bank of Pakistan (SBP) reported house financing loans registered a staggering rise of 250...
Govt import policies to put 0.7mn jobs at risk in the auto industry
KARACHI: Government’s policy of putting restrictions and eventually halting import of used cars will leave 0.6 to 0.7 million Pakistanis without employment,...
Honda’s quarterly revenue plunge 5pc, expenses surge 3 folds YoY
KARACHI: Honda Atlas Cars Limited (HCAR) saw a 5 per cent decline in its revenues for the quarter that began in October...
Honda Pakistan achieves record breaking sales in 2017
LAHORE:Â Honda Atlas Cars Pakistan Limited (HACPL), an automobile subsidiary of Honda, announced its annual sales for the year 2017. The company has...
Car production increases 28.8pc in five months
ISLAMABAD: The production of cars and jeeps increased by 28.84 per cent during the first five months of the current fiscal year...
METRO Cash & Carry, Careem to facilitate customers across Pakistan
LAHORE: METRO Cash & Carry Pakistan in a new initiative has joined hands with Careem, a ride-hailing app, to make the travelling...
A perfectly legit bugbear
For long years, the local automobile tyre manufacturers had whined about 2.5 million pieces being smuggled every year. While the smuggling has...
Railways set to re-launch Kohat Rail Car on January 25
RAWALPINDI:Â Pakistan Railways (PR) will re-launch Kohat Rail Car on January 25 and all arrangements in this regard are being finalised.
Earlier, PR had...
Import of used cars: MoC issues clarification
ISLAMABAD:Â Ministry of Commerce (MoC) has issued a clarification aimed at the general public and overseas Pakistanis regarding its decision of streamlining the...
MoC concedes to powerful automakers
ISLAMABAD: Ministry of Commerce has made amendment in import policy order with regard to new and used condition cars, imported under transfer...
Tractor production increases 64.05pc in five months
ISLAMABAD:Â Tractor production in the country during the five months from July to November of the current financial year witnessed an increase of...
Dewan Motors set to commence production by end February 2018
LAHORE: A bourse notification filed Friday by Dewan Farooque Motors Limited revealed it has been granted Brownfield status by Engineering Development Board...