Mercedes aims to be among top two players to scale autonomous tech: paper
FRANKFURT: Mercedes-Benz’s is not aiming to be the first manufacturer to develop a self-driving car but it wants to be among the...
Substandard helmets being manufactured, imported
Hospitals in Lahore recorded a 21 per cent increase in motorcycle accident patients in 2018
Pak Suzuki again jacks up car prices
KARACHI:Â The Pak Suzuki Company has once again enhanced the prices of all its models, excluding Mehran, from Rs30,000 to Rs322,000 from January...
Dewan Automotive warned of delisting citing failure to meet regulations
The notification said that till December 31st, 2018 DWAE had been unable to make any reasonable progress towards correcting the default and failed to comply with the regulations
Senate panel asks automobile companies to brief on quality standards, price ranges, tax matters
The meeting chaired by Senator Ahmed Khan on Thursday discussed the total number of vehicles sold, the amount of tax paid, details of spare parts produced locally and imported from abroad and fulfilment of corporate social responsibility role by Toyota, Honda and Suzuki motors.
Japan court approves bail for Nissan American exec in Ghosn case
Kelly and Ghosn have been detained in Tokyo since their Nov. 19 arrest. They are charged with underreporting Ghosn’s pay by about 5 billion yen ($44 million) in 2011-2015
In a market dominated by Toyotas and Suzukis, a Porsche dealership thrives in Lahore
Demand for luxury car in Pakistan is rising, and would rise faster if the government changed its import regulations, says Abuzar Bokhari
Nissan board unlikely to select new chairman on Monday: source
Ghosn has been held in a Tokyo jail since he was arrested on Nov. 19 on suspicion of conspiring to understate his pay by about half of the actual 10 billion yen ($88 million) awarded over five years from 2010
Auto sales nosedive 17% YoY to 17,442 units in November
On a month-on-month basis (MoM), auto sales declined 30% to 17,442 units in November against 24,850 units in October
EDB asks FBR to take back regulatory duty on locally manufactured auto parts
The EDB letter states while finishing the meeting, Secretary Industries and Production suggested the FBR exclude SRO 655 (I)/2006 from the purview of regulatory duty
New auto companies express dismay at tax relief for Pak Suzuki Motor
Previously, Pak Suzuki Motor had tried to secure tax exemptions under the Greenfield investment category from the PML-N administration which was declined
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
Suzuki seeks Greenfield status, tax benefits in exchange for $450 million investment
As per ADP 2016-2021 policy, Suzuki’s investment of $450 million would fall in the Brownfield category, however, it wants to avail tax benefits under the aegis of Greenfield project, said officials in the Ministry of Industry and Production (MoIP).
Volkswagen’s entry to challenge dominance of Asian producers in Pakistan: Fitch Solutions
Fitch Solutions projected LCV sales in Pakistan to average annual growth of 8.7% over FY19-FY22, reaching a total of around 40,400 units by the end of FY22
Nissan says CEO did not mention need to review alliance equity structure
TOKYO: Nissan Motor Co said Chief Executive Officer Hiroto Saikawa did not mention a need to review the automaker’s equity partnership with...