British Lotus cars to be ‘Made in China’ at new Geely plant – documents
The share of luxury SUVs in China’s overall passenger car market grew from 4.07 percent in 2014 to 5.01 percent in 2018, according to data from consultancy J.D. Power
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...
Tesla launches cheaper variant of Model Y SUV
Tesla Inc launched a cheaper variant of the Model Y, bringing its sports utility vehicle’s price closer to that of its Model...
Vintage Vespa scooter’s still evoke nostalgia amongst Pakistani’s
KARACHI: As cheap Chinese-made motorbikes flood Pakistan's roads, fans of vintage Vespa scooters are scrambling to find spare parts and preserve models...
Isuzu, Gandhara Tyres set to raise capital
Gandhara Automobile’s subsidiaries set to raise Rs 2.5bn in capital if board approves
Suzuki decides to shutdown motorcycle, automotive plants to remain operational
In a first, motorcycle plant will cease operations for rest of March
Pak Suzuki declares profits of Rs900mn for Q1FY2018
KARACHI: Pak Suzuki Motor Company Limited (PSMC) in the first quarter (Jan-Mar) 2018 posted a profit after tax (PAT) of Rs0.9 billion with...
Toyota’s robust global sales propel net profit to historic high of 4.5tr yen
Toyota has set a new record for its annual net profit forecast, driven by strong sales globally in the first three quarters,...
United Auto set to introduce 800cc car
LAHORE: United Auto Industries which announced its entry into car manufacturing last month is set to launch an 800cc car in 2018.
The...
German prosecutors raid Porsche in corruption probe
FRANKFURT: Prosecutors in Stuttgart said they raided German sports car maker and Volkswagen subsidiary Porsche on Tuesday on suspicion that an auditor was...
Tesla restarts India market talks with new factory proposal
Tesla Inc (TSLA.O) has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told...
Car production surges by 31.37pc in first quarter
ISLAMABAD: The production of jeeps and cars surged by 31.37 percent during the first quarter of the current fiscal year against output...
Explainer: What do FBR’s proposed amendments mean for tourists and their vehicles?
If approved, amendments will lead to greater oversight of vehicles temporarily imported by tourists
Ford’s China sales decline 8 percent in November
BEIJING: Ford Motor Co’s sales in China fell 8 percent in November from a year ago, following a 5 percent decline in...
Toyota lifts full-year profit forecast on weaker yen
During the July-September quarter, it posted a 20 percent jump in sales in China, which helped to lift overall sales in Asia by 9.2 percent to 417,000 units during the period