Topic

carmakers

Volkswagen CEO says 50,000 more job cuts may be needed to close competitive gap

Published 13 Jul, 2026 02:59pm

The company must work on reducing costs further, having calculated a cost disadvantage versus comparable companies of 20%, says Blume

Backlash on ethanol-blend fuel intensifies in India, puts carmakers in the dock

Published 08 Jul, 2026 05:30pm

Hundreds of motorists have posted complaints on X alleging reduced fuel efficiency and increased wear and tear of car parts from E20

EV envy - US car buyers want the Chinese models they can’t have

Published 25 Mar, 2026 08:18pm

15% of car dealers told Cox Automotive in a recent survey that they support the entry of Chinese auto brands into the US market

Tata Motors Passenger Vehicles expects JLR recovery, maintains margin target

Published 05 Feb, 2026 06:36pm

A cyberattack on JLR, Tata Motors’ luxury unit and Britain’s largest carmaker, hit sales and led to a $177.2mn one-time charge

India to slash tariffs on high-end EU cars to 30% in boost for luxury carmakers

Published 28 Jan, 2026 09:13pm

India is the third-largest car market globally by sales after the United States and China

India’s top carmakers post August sales drop to dealers, await tax cut verdict

Published 01 Sep, 2025 05:58pm

India’s top carmakers reported lower sales to dealers for a fourth straight month in August amid weak demand, with...

India’s push for ethanol-mixed fuel sparks driver backlash, leaves carmakers scrambling

Published 29 Aug, 2025 05:59pm

NEW DELHI/LUCKNOW: The Indian government is facing a backlash from motorists after the nationwide rollout of fuel...

BYD’s July production falls for first time in 17 months as expansion spree slows

Published 01 Aug, 2025 08:27pm

BEIJING: BYD’s vehicle production fell 0.9% in July from a year earlier, ending a 16-month growth streak that has...

India’s Mahindra logs 20% jump in July SUV sales to dealers, rivals stumble

Published 01 Aug, 2025 05:12pm

Indian automaker Mahindra & Mahindra logged a 20% year-on-year jump in sales of sports utility vehicles to...

Carmakers in India plan EV onslaught in 2025 despite slowing global demand

Published 16 Jan, 2025 11:21am

NEW DELHI: Automakers operating in India plan to launch close to a dozen new electric car models this year, many in...

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...

Most automakers fall short on climate goals

Published 23 May, 2022 08:02am

PARIS: Only two of the world’s 12 top automakers plan to make enough electric vehicles by 2030 to stay in step ...

Autos: The more things change…

Published 17 Nov, 2021 07:44am

The more they remain the same. It was inevitable that car makers would raise prices as their costs increased (price...

Carmakers shift up a gear in race to go electric

Published 25 Oct, 2021 05:35am

LONDON: With electric car sales soaring and regulations increasingly favouring zero-emission vehicles, a flurry of...

VW's Skoda to halt Czech plants for a week due to chip shortage

Published 16 Sep, 2021 06:41pm

Recent COVID-19 outbreaks in Asia, for example in Malaysia, are forcing semiconductor manufacturers to close their factories again

Carmakers warn chip shortage putting brakes on recovery

Published 02 Aug, 2021 06:02am

PARIS: The automobile industry is being hit hard by a shortage of computer chips that has slowed production and is...

Carmakers warn chip shortage putting brakes on recovery

Published 01 Aug, 2021 11:12am

But as automakers overcome the chip shortage another problem awaits, Dudenhoeffer warned

Workers in Tamil Nadu for global automakers such as Renault-Nissan, Hyundai and Ford plants had halted work for several days in May over coronavirus-related safety concerns.

Carmakers in 'India's Detroit' allowed to operate

Published 30 May, 2021 03:51am

CHENNAI: Carmakers in the Indian automobile hub of Chennai will be allowed to keep operating, the state government...

GM profit shrugs off chip shortage with high-priced pickups, SUVs

Published 05 May, 2021 06:18pm

Barra added that the No. 1 US automaker's "supply chain and manufacturing teams are maximizing production of high-demand and capacity-constrained vehicles."
In a conference call with reporters, Barra said that the chip shortage will worsen in the second quarter before starting to improve in the second half of the year.

Ford, BMW lead $130mn investing round in solid-state battery startup

Published 03 May, 2021 06:51pm

The partnerships and the capital that comes along with it are really going to put us on a good footing to execute on our road map, which simply speaking is qualifying this technology for vehicle use and getting them into vehicles in the not-too-distant future.
Carmakers are racing to develop EVs amid tightening CO2 emission standards in Europe and China.

Volkswagen considers succession for board member Osterloh

Published 22 Apr, 2021 05:38pm

One source said that Osterloh had been offered the position of personnel director at Traton, Volkswagen's truck unit that was spun off and separately listed in 2019.
Osterloh, 64, has since 2005 been a member of Volkswagen's supervisory board, half of which is composed of labour representatives under Germany's system of corporate governance.

Japan shares tumble as fire at chip factory hits Renesas, carmakers

Published 22 Mar, 2021 11:36am

Fast Retailing dropped 3.2% while Fanuc lost 3.1%.

Tesla short-sellers sitting on $3.5bn weekly profits-Ortex

Published 25 Feb, 2021 06:30pm

The electric carmaker's shares slumped 17% the week through Wednesday off record high levels, as Bitcoin, in which Tesla invested $1.5 billion, pulled back sharply.

Taiwan to increase chip production after shortage hits carmakers

Published 28 Jan, 2021 09:32pm

Taiwan's chip foundries are some of the world's biggest and most advanced, and so European car manufacturers have been reaching out to Taipei for help.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Oct 1	158.32
USD to Swiss Franc / Oct 1	0.84
Pound Sterling to USD / Oct 1	1.32
Euro to USD / Oct 1	1.13
SOFR % / Sep 29	3.88

Stock	Volume
S&P 500 / Sep 30	7,651.54
Nasdaq / Sep 30	26,861.06
Hang Seng / Sep 30	24,613.27
Dow Jones / Sep 30	50,906.05
India Sensex / Oct 1	71,770.30
Tokyo Nikkei / Oct 1	68,956.72
FTSE 100 / Oct 1	10,413.82
Germany DAX 30 / Oct 1	24,851.64
France CAC40 / Oct 1	7,827.14

Item	Value
Petrol/Litre / Oct 1	387.40
Crude Oil USD/Barrel / Oct 1	92.53
Karachi Cotton PKR/37.32 KG / Oct 1	18,480
Gold 10 Grams PKR / Oct 1	376,059
Gold Spot USD/Ounce / Oct 1	4,162.20
Diesel/Litre / Oct 1	400.35
Cotton US¢/pound / Oct 1	78.41

Gainers
Losers
Leaders

Stock	Price
Dewan Motors / Oct 1 Dewan Farooque Motors Limited(DFML)	17.49 ▲ 1.59 (10%)
Ellcot Spinning / Oct 1 Ellcot Spinning Mills Limited(ELSM)	196.28 ▲ 17.84 (10%)
First Imrooz Mod. / Oct 1 First Imrooz Modaraba(FIMM)	286.94 ▲ 26.09 (10%)
Fazal Cloth / Oct 1 Fazal Cloth Mills Limited(FZCM)	280.46 ▲ 25.5 (10%)
Mandviwala / Oct 1 Mandviwala Mauser Plastic Industries(MWMP)	84.78 ▲ 7.71 (10%)
Popular Islamic / Oct 1 Popular Islamic Modaraba(PIM)	65.60 ▲ 5.96 (9.99%)
Arctic Textile / Oct 1 Arctic Textile Mills Limited(ARCTM)	57.29 ▲ 5.17 (9.92%)
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	15.68 ▲ 1.41 (9.88%)
Lse Spac-I Ltd. / Oct 1 Lse Spac-I Limited(SPAC1)	22.36 ▲ 1.95 (9.55%)
Asim Textile / Oct 1 Asim Textile Mills Limited(ASTM)	124.56 ▲ 10.6 (9.3%)

Stock	Price
EFU Life Assr / Oct 1 EFU Life Assurance Limited(EFUL)	125 ▼ -39.01 (-23.79%)
Ashfaq Textile / Oct 1 Ashfaq Textile Mills Limited(ASHT)	45.51 ▼ -5.06 (-10.01%)
First Tri-Star Mod. / Oct 1 First Tri-Star Modaraba(FTSM)	44.03 ▼ -4.89 (-10%)
Pakistan Credit Rating Agency / Oct 1 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	43.67 ▼ -4.85 (-10%)
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	26.14 ▼ -2.9 (-9.99%)
East West Ins. / Oct 1 East West Insurance Company Limited(EWIC)	59.25 ▼ -6.37 (-9.71%)
Asia Ins. / Oct 1 Asia Insurance Company Limited(ASIC)	32.42 ▼ -3.43 (-9.57%)
Karam Ceramics / Oct 1 Karam Ceramics Limited(KCL)	156.18 ▼ -15.27 (-8.91%)
Power Cem(Pref) / Oct 1 Power Cement (Pref)(POWERPS)	29.62 ▼ -2.87 (-8.83%)
Apna Microfin. / Oct 1 Apna Microfinance Bank Limited(AMBL)	18.07 ▼ -1.73 (-8.74%)

Stock	Volume
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	93,751,754 ▲ 0.11
F. Nat.Equities / Oct 1 First National Equities Limited(FNEL)	38,616,570 ▲ 0.09
Cnergyico PK / Oct 1 Cnergyico PK Limited(CNERGY)	26,026,242 ▼ -0.14
Pak Int.Bulk / Oct 1 Pakistan International Bulk Terminal(PIBTL)	25,714,456 ▲ 0.03
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	22,551,198 ▼ -2.9
Tasdeeq Info. Serv. / Oct 1 Tasdeeq Information Services Limited(TISL)	19,722,398 ▲ 0
K-Electric Ltd. / Oct 1 K-Electric Limited(KEL)	17,323,432 ▼ -0.03
WorldCall Telecom / Oct 1 Worldcall Telecom Limited(WTL)	17,315,970 ▼ -0.01
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	16,558,025 ▲ 1.41
Pak Refinery / Oct 1 Pakistan Refinery Limited(PRL)	16,113,756 ▼ -1.8

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