Automotive - 3

Total car production increased by 23 percent during the first seven months of current fiscal year to 64,203 units as compared to 52,267 units during the same period last year. Whereas sales of cars recorded a surge of 26 percent to reach 65,803 units in July-January 2004-05 as compared to 52,302 units during the corresponding [...]

Nissan Motor Co. (7201.TO) said Friday it will enter the Pakistani market in late February with the release of four models, Kyodo News reported.The models to be offered are the Sunny subcompact sedan, the Cefiro luxury sedan, which is called the Teana in Japan, the Patrol off-roader vehicle, known as the Safari in Japan, and [...]

Nigeria-based NATIONAL MOTORS is expected to produce small trucks and large-sized prime movers in Pakistan within a year. The company, which is a joint venture of German and Chinese carmakers, will invest US$25 million in an assembly plant. The company is currently manufacturing prime movers and small trucks in Nigeria under the brand name of [...]

Lahore Fort has been selected as the launch site for sports car ‘A-1 Grand Prix’, and preparations are in full swing for the event which is to be held in the second week of February, Punjab archeology department told Daily Times on Monday. The car will have the Pakistani flag painted on its door. Sources [...]

Germany and UAE will invest $3 billion in hydel power generation and production of Mercedes Benz cars and trucks in Pakistan. Out of the total amount, about $2 billion would be invested in hydel power generation, while the rest would be invested in automobile sector to set up production plant for Mercedes Benz cars and [...]

For Zen Allah Khan from Pakistan, winning two Lexus vehicles still remains a shock, despite his participation six to seven times a year. ‘I have participated in the DSF raffles since its inception in 1996, but somehow never really expected to win. It was quite a wonderful experience, and one of the best things that [...]

The proposed project, commonly known as ‘Corridor No 1′, envisages introduction of a magnetic train on 17.5 kilometre double and single elevated tracks to be laid between Sohrab Goth and Tower. The CDGK had earlier signed a preliminary implementation agreement with a Chinese firm, China National Machinery and Equipment Group (CNMEG), following an agreement signed [...]

This three-day motor show, exhibiting local as well as foreign manufactured vehicles will remain open for the general public on December 18 and 19, who could enter into the premises by showing their driving licenses. The show providing an opportunity to automobile industry in the country to exhibit their latest products and mop up the [...]

The first ever joint venture agreement for manufacturing of automotive parts was signed between JinKwang, a South Korean firm and JAZ Engineering of Pakistan in the presence of Minister for Industries and Production, Jehangir Khan Tareen on Monday night. The joint venture company, Jinkwang JAZ Ltd, has planned to start manufacturing operation with two production [...]

The two-day conference on Pak-Iran joint co-operation in the Compressed Natural Gas (CNG) sector has provided a chance to market Pakistani manufactured CNG buses in Iran owing to its exceptionally low cost. This was stated by Hilal A Raza, Director General Hydrocarbon Development Institute of Pakistan (HDIP), at the conclusion of the conference on Friday. [...]