Maruti Suzuki profit misses estimates as cost surge, fall in other income squeezes margins Published 28 Apr, 2026 05:13pm The Swift maker posted profit of 35.91 billion Indian rupees for the quarter ended
Tata Motors posts sharp fall in quarterly profit on demerger, labour-code charge Published 29 Jan, 2026 05:49pm The company took a one-time hit of 15.45 billion Indian rupees
Car sales in Pakistan jump 62% YoY to 14,050 units in August 2025 Published 11 Sep, 2025 07:22pm KARACHI: Car sales in Pakistan surged by 62% year-on-year (YoY) and 27% month-on-month (MoM) in August 2025 amid...
China’s BYD to produce all EVs for Europe locally by 2028, executive says Published 08 Sep, 2025 07:34pm MUNICH, Sept 8 (Reuters) - China’s No. 1 automaker BYD 002594.SZ will make its EVs for sale in Europe locally within...
India’s Tata Motors tops fourth-quarter profit view on higher JLR sales, lower costs Published 13 May, 2025 04:48pm Indian automaker Tata Motors reported a bigger-than-expected quarterly profit on Tuesday, helped by higher sales at...
GM pulls forecast due to tariffs as nervous consumers rush to buy Published 29 Apr, 2025 04:18pm DETROIT: General Motors has pulled its annual forecast, reflecting the uncertain effects of U.S. President Donald...
GM to increase dividend by 25%, buy back another $6 billion of shares Published 26 Feb, 2025 06:03pm DETROIT: General Motors said on Wednesday it would increase its quarterly dividend by 25% and undertake a new $6...
General Motors approves new $6 billion share buyback plan Published 11 Jun, 2024 05:16pm General Motors on Tuesday announced a new $6 billion share buyback plan, just over a month after the automaker...
Spin to win for Afghanistan at World Cup Published 29 Oct, 2023 06:10pm PUNE: When cricket lovers refer to a ‘fearsome foursome’ they are usually talking about one of the West Indies’...
EDB official says import quotas for new auto companies opened Updated 29 Oct, 2023 10:55pm Asim Ayaz, General Manager Policy at Pakistan’s Engineering Development Board (EDB), said on Saturday that quotas...
Govt, auto sector appear ‘close to resolving manufacturing certificate’ issue Published 26 Oct, 2023 06:50am OEMs' licence expired at the end of September, and has not yet been renewed due to companies missing the 2% export target in FY23
After Toyota, Honda Atlas also reduces car prices in Pakistan Published 25 Oct, 2023 09:49pm Honda Atlas Cars is the latest to announce reduction in car prices by up to Rs300,000, in line with rupee’s...
Mitsubishi Motors to end production in China Published 25 Oct, 2023 06:19am TOKYO: Japan’s Mitsubishi Motors will end production in China, the company said on Tuesday, after failing to keep...
As high as Rs1.31mn: Indus Motor announces significant reduction in Toyota car prices Updated 24 Oct, 2023 06:54pm Rates reduced in range of 2 to 8% following rupee's recent appreciation against US dollar
Tesla Q2 margins fall as it boosts discounts to drive demand Published 24 Jul, 2023 06:11am NEW YORK: Tesla beat quarterly revenue expectations on Wednesday, but said gross margin fell in the second quarter...
Ford to cut 3,800 jobs, mostly in Germany and UK Published 20 Feb, 2023 06:26am PARIS: US automaker Ford said Tuesday it would cut 3,800 jobs in Europe, mostly in Britain and Germany, as...
IMC profit after tax declines by 74.3pc in Q2 Published 14 Feb, 2023 07:18am KARACHI: Indus Motor Company Limited (IMC) announced its financial results for the second quarter ended December 31,...
Car sales drop to 31-month low in Pakistan Published 13 Feb, 2023 10:11pm Amount to 10,867 units in January 2023 after 36% month-on-month drop
Indus Motor after-tax income plunges 72% in Q2 FY23 Published 13 Feb, 2023 01:06pm Profit After Tax fell from Rs4.75 billion in 2QFY22 to Rs1.33 billion. Also announces interim cash dividend of Rs10.2/share
Second hike in two weeks: Honda Atlas jacks up car prices by up to Rs550,000 Updated 06 Feb, 2023 04:23pm New prices came into effect on February 4, 2023
Renault, Nissan boards approve ‘rebalanced’ alliance Published 06 Feb, 2023 12:53pm LONDON: The boards of French automaker Renault and Japanese partner Nissan have approved a major overhaul of their...
Nissan directors endorse steps to reach deal with Renault Published 17 Jan, 2023 11:23am TOKYO: A Nissan Motor Co board committee reviewed proposals from Renault SA on Monday and endorsed pressing ahead on...
Pak Suzuki extends plant shutdown again due to inventory shortage Updated 13 Jan, 2023 09:06pm Plant to be closed until January 20
Tata Motors extends losses on chip woes, weak exports Published 09 Nov, 2022 05:34pm MUMBAI: India’s Tata Motors announced a seventh consecutive quarter of losses Wednesday as chip shortages and weak...
India's Tata Motors to delist American Depositary Shares from January Updated 09 Nov, 2022 06:10pm BENGALURU: Indian automaker Tata Motors said on Wednesday it plans to delist its American Depositary Shares (ADS)...
Dewan Farooque Motors says it has entered into agreement with KIA Corp to assemble its vehicles in Pakistan Updated 07 Nov, 2022 06:42pm Dewan Farooque Motors Limited (DFML) announced on Monday that it has entered into a Technology License Agreement...
OMC sales: of weak demand and high prices Published 04 Nov, 2022 08:54am The consumption of petroleum products in the country improved during October as compared to the previous month ...
Govt should revisit auto policy, PAC told Updated 19 Oct, 2022 07:20am ISLAMABAD: The policy of import compression by the government to manage the balance of payments which was ...
Tesla steps up recruiting in Thailand as EV competition heats up Published 05 Sep, 2022 05:47pm BANGKOK: Tesla Inc is stepping up recruitment in Thailand, Southeast’s Asia automotive hub, with the U.S. electric...
Pak Suzuki announces further extension in automobile plant shutdown Published 29 Aug, 2022 04:43pm Pak Suzuki Motor Company (PSMC) on Monday said it has further extended the shutdown of its automobile production...