Market Daily: KSE-100 index turns green, adding 164 points
The KSE-100 index resurrected from a negative 727.17 points, just 2.31 per cent away from 52-week low levels, up to intraday high of a positive 281.31 points. It ended the session higher by 164.33 points at 39,452.81.
Hi-Tech Alloy Wheels Ltd set to get listed on PSX
Loads Limited become the first auto-parts manufacturer company in Pakistan to begin manufacturing of alloy wheels, which were previously being imported by car assemblers for their high-end vehicles
No requirement to be a tax filer for vehicles below 1000cc: Tax authorities
ISLAMABAD: While the Federal Board of Revenue (FBR) has imposed the conditions for filers for the purchase of new/imported vehicles from July...
Customs in a jumble as stolen vehicles from Japan worth Rs200m await final decisionÂ
ISLAMABAD: The Collectorate of Customs Lahore is all set to manage Rs200 million worth scandal of 14 luxury V8 Land Cruisers and...
Jaguar says ‘bad Brexit’ would mean it could not stay in UK
Shares in Tata plunged to their lowest in more than five years on Thursday, as investors turned jittery on the company, whose biggest business is JLR, which contributed nearly 77 percent of its total revenue in the year ended March 31, 2018
Vintage cars exempt from import tax, to be taxed at $5,000 flat
Under the proposed rules taxation will not vary according to the engine capacity of the car but will be imported at a fixed rate of $5,000 per unit.
Honda Atlas raises car prices amid increasing production costs
KARACHI: Honda Atlas Cars Ltd, has once again increased the prices of its cars including the Civic, City and BR-V in Pakistan...
Trucks, bus’s production posts 13.63 percent increase in July-May FY18
Production of trucks posted an increase of 20.27 percent to 8,544 units in July-May (2017-18) compared to the production of 7,104 units during the same period of last year
UD Trucks launches the new Quester in Pakistan
UD Trucks was established in Japan in 1935, and in 2007 became part of the Volvo Group, a world-leading manufacturer of trucks, buses and construction equipment
Master Motors, Changan Automobiles to enter a joint venture
Master Motor Corporation (Pvt) Limited (MMCL) Friday signed a joint venture with Chinese automotive brand Changan Automobiles for $100 million investment in the local auto industry to contribute to the indigenisation of the automobile industry of Pakistan.
Indus Motor (Toyota) increases car prices yet again
Following the third round of rupee depreciation, Indus Motor Company, which makes Toyota vehicles in the country, has increased its vehicle prices for the...
Daehan: Korean or Vietnamese? Well, what’s in a nationality?
In an era of globalisation, where a company is from, and what country its brand name should be associated with is increasingly...
Chinese electric car manufacturers eye Pakistani market
KARACHI: The auto industry is transforming at unparalleled speeds and is converting technology from fossil-fuel based vehicles to electric motor engines to...
VW’s Audi CEO arrested in Germany over diesel scandal
Volkswagen was holding crisis talks on Monday to find a stand-in boss for its Audi brand, a source familiar with the discussions said, after German authorities arrested Audi CEO Rupert Stadler as part of a probe into emissions test cheating.
Atlas Honda jacks up prices of motorbikes third time this year
The fresh price for its vastly popular model CD-70 is now Rs64,900, for Pridor Rs89,900, CB150F Rs167,000 and CD Dream Rs68,900