News

Back in 1990’s, Mitsubishi Lancer was considered to be a prestigious sedan in the country. Despite exceptional vehicles, Mitsubishi had to face tough time in Pakistan for multiple reasons. Mitsubishi is still…

NML (Nishat Mills Limited) is selling 40pc stake of its auto assembling business to the Sojitz Corp., a Japan native company, the company informed PSX (Pakistan Stock Exchange) on Thursday. Sources report…

In a hearing on Wednesday, the two-judge bench of supreme court allowed Qingqi Rickshaws by particular manufacturers only. The Supreme Court’s bench led by Justice Gulzar Ahmed briefed on a case moved by All…

In an unprecedented turn of events Honda Atlas has issued a recall for some of its vehicles. Although the company has been advertising this recall as a 'Free Upgrade. Nonetheless, the official advertisement…

Local authorities in conjunction with Pakistan Army has initiated a vehicle scrutiny procedure to address the NCP cars in SWAT and Malakand division. The concerned authorities have reported that once assessment…

Supreme Court of Pakistan has banned the use of unregistered motorcycle Qingqi rickshaws across the country. In a hearing on Wednesday, Supreme Court said that there would be an exception made for the rickshaws…

As reported earlier in January 2017, the deputy commissioner of Lahore Mr. Sumair Ahmed Syed chaired a meeting at DC office in which he directed Daewoo Pakistan to shift its express bus terminal from Kalma…

In a recent development Board of Investment has turned down -Germany' Premiere Auto Manufacturer- Audi' investment plan. Chairman BOI, Shah Jahan Shah remarked, 'Audi representatives visited Pakistan and…

In a shocking discovery, the Pakistan Board of Investment (BOI) has refused to bend to the pressure from existing auto manufacturers. Speaking to a group of journalists on Tuesday (28th March 2017), Board of…

Daewoo Pakistan Express Bus Service Ltd shall be operating the Lahore Feeder Bus Service. Chief Minister Muhammad Shahbaz Sharif, formally inaugurated this service on DATE. As reported earlier this project is…

In a summary sent to the government, OGRA has recommended an increase in prices of all petroleum products. In this (proposed) summary, OGRA has recommended an increase in the prices of: Petrol by 6.11pc…

Sources inside Yamaha have reported that company is all set to launch YBR-Z in April 2017. The bike in question is expected to feature a 125cc engine with the highly coveted flat seat and a much linear fuel…

Automakers have responded to the criticism by State Bank of Pakistan on the subject of imposing 100 percent cash margins on completely knocked-down kits. In a letter sent to the SBP chief economist, PAMA…

In the recent development, Pak-Suzuki Motors posted a net profit of 2.77 billion rupees for the year 2016, down 53pc from its profit 5.84 billion on YoY (Year-on-Year) basis, it announced on Tuesday 21 March,…

Faisal Movers, a private bus service, operating from the heart of Punjab - Lahore; is about to launch a premium executive bus on Lahore to Islamabad Route. The aim is provide a much needed premium bus service…