Chinese state-owned automaker FAW Group gets $144 billion credit line
FAW said in a posting on its social media account it wanted to consolidate its cooperation with banks, create an open and innovative financial platform and to secure funds for FAW initiatives in the future
Sales of motorbikes, three-wheelers decline 19pc in 1QFY20
ISLAMABAD:Â The sales of motorcycles and three-wheelers dipped by 19.48pc during the first quarter of the current financial year 2019-20, compared to the...
Renault cars may hit Pakistani roads by June 2020
Al-Futtaim Renault Pakistan is set to invest $140 million for establishing its automobile assembly plant in FIEDMC
Pak Suzuki reports 39pc YoY increase in net profits
Karachi: One of Pakistan’s largest automobile manufacturers Pak Suzuki Motor Company (PSMC) reported its earnings for the first six months (Jan-June) 2017...
Motorcycle tubeless tyres aimed to facilitate lower, middle class: GT
ISLAMABAD: General Tyre tubeless tyres have been aimed to facilitate middle income and poor lower-middle class at an affordable price. These tyres...
Audi to invest 14 billion euros in e-mobility, self-driving cars
Overall, the company’s total projected expenditure for the next five years amounts to 40 billion euros, the company said in a statement
FBR to brief PM about administrative measures to boost revenue collection
The tax regulator has projected Rs37 billion in tax demand from an audit of high net-worth individuals
Volkswagen signs agreement for vehicle assembly in Karachi
The world’s largest automobile manufacturer in partnership with Premier Systems Private Limited, which is the authorized importer of Audi vehicles in Pakistan, will assemble Amarok, Transporter T-6, Caddy and Skoda in Pakistan
Electric rickshaws: Between Yellow-brick and Lytton road
On the precipice of having their registration approved, electric rickshaws now face an uphill battle to win over everyone
Auto loans hit 17-month low amid high interest rates
Car financing declined 24.4% year-on-year to Rs 257 billion in November
Volkswagen expected to post great 2017 results, says: CEO
BERLIN: Volkswagen will report excellent group results this year, its chief executive said, helped by expected record vehicle sales and by spending...
NAB summons 19 Customs Intelligence officials in Hino trucks auction case
ISLAMABAD: The National Accountability Bureau (NAB) Balochistan has summoned nineteen officials of Customs Directorate of Investigation and Intelligence Quetta in the case...
What e&’s $400 million boost means for Careem
Flush with a war chest in a high interest environment; Careem looks scarier than ever with possibly ever more grand plansÂ
Belarusian dumper trucks enter Pakistani market
Cherat Cement Factory has planned to procure at least 15 heavy-duty BelAZ trucks in a year
NOWSHERA: BelAZ, a Belarusian mining truck...
Cars production rises 19pc in first half of 2017-18
ISLAMABAD: The production of cars in the country increased by 19.46 per cent during the first half (July-December) of 2017-18 compared to same period...