Page 17 - Auto Sector News Today

WASHINGTON: Retail sales in the United States came in stronger than expected in September according to government...

Pak Suzuki Motor Company (PSMC) on Wednesday announced a temporary shutdown of its automobile plant. In its notice...

Honda Atlas Cars Pakistan, a subsidiary of Honda Motor Co., Ltd., Japan, on Wednesday announced a temporary shutdown...

MG Motors has announced Rs600,000 reduction in the price of its model HS Essence, citing rupee’s appreciation...

The approaching festive season, price stability across various segments, enhanced consumer sentiment in both rural and urban areas leading to increased demand for discretionary products, and a favourable low base effect in certain segments is expected to aid the sector

Indus Motor Company (IMC), the assembler of Toyota vehicles in Pakistan, has once again announced that it will shut...

The strike is not just about wages but also protecting employment in the wake up of an inevitable shift to battery-powered electric vehicles from internal combustion engine vehicles

Shares of auto major Tata Motors jumped over 4 percent to their record high on Friday after the companys arm Jaguar Land Rover (JLR) India reported its highest-ever performance in the first half of financial year 2023-24 (FY24).

Board meeting on Oct 19 to review and consider majority shareholder’s intent to purchase all outstanding shares and de-listing under Rule 5.14.1. of listing regulations

“The domestic consumer space is muted on the rural side, doing quite well on the urban and especially higher on the luxury segment. That is where the positioning will be for any portfolio, by and large, domestic focused, especially on the higher end of the consumption curve. The current positions are very overweight in terms of defence, railways and government infrastructure. ”