In a strategic move, Toyota Indus Motor Company (IMC) is set to make a substantial investment of Rs 3 billion in the local production of auto parts. This development underscores the company's commitment to fostering domestic manufacturing capabilities and aligning with the broader objectives of promoting self-sufficiency in the...
Pakistani motorsports leaps forward as the Omni Racing team, comprised of the top 4 racing drivers of the country, Syed Ovais Naqvi (c), Shahzeb Qureshi, Omer Khuhro, and Sanaan Jamali, prepares to compete in the first round of the Dubai Endurance Championship 2024 on Feb 24. "Motorsports in Pakistan have...
Toyota Pakistan, one of the leading automobile manufacturers in the country, has announced a remarkable surge in sales for January 2024, marking an unprecedented increase of 304% compared to December 2023. According to official data released by the company, Toyota sold a total of 2,762 vehicles in January, a stark...
In a bid to enhance affordability and accessibility for motorcycle enthusiasts, Yamaha takes a customer-centric approach with the introduction of a zero-interest installment offer. This strategic move by Yamaha aims to make owning a Yamaha motorcycle even more accessible to a broader segment of consumers, providing them with an...
In a recent development, reports have emerged suggesting that Chery Pakistan is gearing up to make a significant splash in the local automotive market with the launch of two new cars in 2024. The eagerly anticipated models, namely the Omoda E5 and Jaecoo J7 PHEV, are set to be...
In a strategic move, MG Motors introduces the MG5 Electric Car to the Pakistani market, not for commercial sales but as part of a market research initiative. This launch marks a significant step towards gauging the reception and understanding of the potential demand for electric vehicles (EVs) in the...
Siwa Industries is gearing up to introduce AIMA electric bikes in Pakistan, marking a significant foray into the sustainable and electric transportation sector. This strategic move aligns with the global shift towards eco-friendly modes of transport and positions Siwa as a key player in bringing innovative and sustainable mobility...
In a significant downturn for the automotive industry, car sales in December witnessed a staggering 66% plunge, marking a concerning trend that industry analysts attribute to inflation and the challenges posed by unaffordable auto financing. The data paints a grim picture for the automotive sector, revealing a substantial contraction in...