News

Warren Buffett’s Berkshire Hathaway has exited its long-standing investment in Chinese electric vehicle (EV) giant BYD, after nearly two decades of holding a stake that outperformed expectations. The sale,…

A fatal road crash occurred near Khanewal on the M-4 Motorway, involving a car and a Mazda truck, three killed.

Suzuki has announced an exclusive offer for those interested in purchasing the Alto. Through a collaboration with HBL, customers can now exchange their old vehicles and finance the new Alto with a 10% markup.…

KARACHI – Terra Motors, a prominent Japanese electric mobility company, has officially entered Pakistan’s transport market with the launch of its flagship Kyoro electric three-wheeler, Business Recorder…

KARACHI – The Board of Intermediate Education Karachi has announced a major incentive for high-achieving students of government colleges: electric bikes. Chairman Faqir Muhammad Lakho stated that the awards…

In April of this year, we announced that Pakistan Suzuki Motor Company (PSMC) was preparing to introduce a compact SUV to the local market within the next two years. Now, there’s another significant update.…

ISLAMABAD: The Capital Development Authority has imposed strict speed ceilings for the city’s electric buses, instructing drivers to keep to 40 km/h in sector areas and 45 km/h on highways. CDA officials…

KARACHI: Premier Systems (Pvt.) Ltd. has issued a statement dismissing all the circulating allegations about Audi’s operations as “false and misleading,” saying vehicle sales, service, warranty support, and the…

Karachi: Sindh Senior Minister Sharjeel Inam Memon announced at a press conference yesterday that the provincial government will begin distributing free “pink scooters” to women this week. Sindh Pink Scooty…

If you’ve been tracking the steady trickle of EV news, you already knew Capital Smart Motors has been working to bring the Zeekr 009, China’s headline-grabbing luxury MPV, to Pakistan.  However, the main…

Millat Tractors Limited (PSX: MTL) has reported a steep decline in its earnings for the current financial year. The company’s revenue declined by more than 43%, falling to Rs 52.1 billion from Rs 91.5 billion…

Islamabad: Bestway Cement Limited (BCL) has revealed plans to enter Pakistan’s automobile sector by creating a wholly owned subsidiary. The announcement was made through a notice to the Pakistan Stock Exchange…

Indus Motor Company Limited (INDU) has announced its highest-ever net profit, closing FY25 with Rs. 23 billion, a 53 percent surge from Rs. 15.07 billion in FY24. Earnings per share rose to Rs. 292.74 from Rs.…

On September 22, 2025, BYD’s Yangwang U9 Xtreme was confirmed as the world’s fastest production car, exceeding the previous benchmark held by the Bugatti Chiron Super Sport. The Chiron achieved a record top…

Lahore/Karachi, September 2025 — The ongoing tussle between Audi's official partner in Pakistan, Premier Systems (Pvt.) Ltd., and dissatisfied customers continue to deepen, with legal, regulatory, and…