Page 14 - Auto Sector News Today

BYD, a Chinese auto conglomerate and the world’s largest electric vehicles (EVs) manufacturer, discussed Pakistan’s...

Despite lower sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) clocked in at Rs675.34...

The 3rd Generation President and CEO of the renamed Enterprise Mobility reveals how shes repositioning the iconic rental car brand and her growth plans from here.

The standout feature of this earnings season has been the expansion of margins by 694 basis points YoY, reaching a remarkable 30.14% for the quarter. This was propelled by the strategic benefit reaped from the decline in input costs.

A four-wheel EV manufacturer yet to approach govt for license under EV policy

"Our market has displayed resilience and has seen a maximum drawdown of just 6.5% in this phase (that too with FPIs in withdrawal mode). Given the relative strength of our market, we believe our benchmark index could pause and see some further time correction as opposed to deep cuts from the current levels of ~19000 Nifty."

German Economy: Union Investment, which has 432 billion euros (USD 462 billion) in assets under management, looked at nearly 2,000 listed companies globally in a study seen by Reuters, concluding that German companies were particularly vulnerable.

ISLAMABAD: Indus Motor Company (IMC) Chief Executive Ali Asghar Jamali has said issues such as high taxation,...

Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant amid...

Honda Atlas Cars (Pakistan) Limited, a subsidiary of Honda Motor Co., Ltd., Japan, on Tuesday announced a temporary...