Hyundai Motor to sell 142mn shares it holds in India subsidiary for IPO

South Korean automaker said it will still hold 670 million shares in Hyundai Motor India

BYD recalling 97,000 top-selling EVs on steering component fault, regulator says

Chinese automaker is recalling Dolphin and Yuan Plus EVs manufactured in China between Nov 2022 and Dec 2023

Indus Motor halts production amid supply chain disruptions  

Temporary suspension from September 26 to September 30 due to shortage of raw materials and components  

Auto financing declines for 26th straight month despite rate cuts  

Credit demand for auto loans remains sluggish as total financing falls to Rs227.3 billion

Pakistan’s auto industry may soon need to abide by safety standards

In the absence of a domestic testing facility, MoST wants overseas type approval for vehicular safety. Auto Manufacturers do not seem to like the idea

Motorbike and Three-Wheeler sales surge 16.87% in first two months of FY25  

Sales of Honda and Suzuki motorcycles lead the market growth; Sazgar three-wheelers see a sharp rise

Dewan Farooque Motors commences production of electric vehicles 

Company initiates EV manufacturing at its assembly plant following the approval of the Engineering Development Board

Millat Tractors’ 10-day shutdown: the story behind the decision

Ostensibly, the shutdown was about unpaid tax refunds – which are a legitimate grievance for the company – but there is more than meets the eye to the shutdown

Electric vehicles will account for up to half of auto sales by 2030, BYD Pakistan says

Company is collaborating with two oil marketing companies to establish charging infrastructure, says BYD's spokesperson in Pakistan

Toyota Indus sold 11,000 fewer cars than it did last year. They still managed to increase profits. 

Indus Motors sold just over 20,000 cars last year. The year before that they sold more than 31,000. Despite the dip in sales, higher margins mean their profits l increased. 

Indus Motor approves additional Rs1.1bn investment for vehicle part localisation

Company’s total investment in localization project reaches Rs4.1 billion

Tesla to pay 9% tariff to EU on its Chinese-made electric vehicles 

Some Chinese companies in joint ventures with EU automakers may also receive lower duties

Auto financing falls for 25th consecutive month, hits Rs228 billion in July

Economic pressures and high vehicle prices drive continued decline in auto loans

A 10,000% return but no sales since 2020: Bela Automotive’s surreal stock surge

As the stock price of a defunct auto parts manufacturer skyrockets, questions abound. What's driving this exuberance, and why do investors remain uneasy?

BYD holds official launch event

Three upcoming electric cars unveiled at launch