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...
FBR grants exemption on duty payment condition for car imports
KARACHI: A temporary exemption has been granted on duty payment condition for car imports under transfer of residence, personal and baggage scheme...
Customs seeks FBR approval for clearance of 6,000 imported vehicles
KARACHI: Pakistan Customs is seeking Federal Board of Revenue’s approval for clearance of 6,000 used and new vehicles which were imported without...
Ford Motors to invest $11 billion in electric vehicles by 2022
DETROIT: Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid...
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...
General Motors outlines plans to mass-produce autonomous car’s
DETROIT: General Motors says it is making the first mass-production autonomous car without a steering wheel or pedals.
The company says it has...
Cars sales remain low in the month of December
KARACHI: Cars sales dropped for the month of December 2017 by 9 per cent month on month basis as people waited for...
Prices of Pakistani assembled cars among the lowest globally: Munir K. Bana
KARACHI: Loads Limited CEO Munir K. Bana believes the domestic automobile industry will have to immediately localize in wake of increasing competition...
Volvo Cars reports record sales in 2017
STOCKHOLM: Swedish carmaker Volvo, owned by the Chinese Geely, reported record sales in 2017, as global sales rose 7.0 per cent compared...
China’s Geely turns to Volvo trucks in latest Swedish venture
STOCKHOLM: China’s Geely Holding , owner of the Volvo car brand, is buying an 8.2 per cent stake in Swedish truck maker...