A sharp increase in global petrol prices amid tensions linked to the Iran war has significantly influenced consumer behavior across Europe, accelerating the shift toward electric vehicles (EVs). The surge in fuel costs has made traditional petrol-powered cars more expensive to operate, prompting many buyers to consider cleaner and more cost-efficient alternatives. Read More: Ex-PM […]
auto industry
Toyota recalls 162,000 Tundra trucks over multimedia display issue
Toyota has announced a safety recall affecting approximately 162,000 Tundra and Tundra Hybrid pickup trucks in the United States due to a malfunction in the vehicles’ multimedia display system, the automaker confirmed on Friday. Read More: Massive 2020 Toyota Sequoia TRD Pro nearly comes with own zip The recall covers 2024–2025 model-year Toyota Tundra and Tundra Hybrid […]
Government signals new push to strengthen SMEs sector
The government is working to evolve new policies aimed at supporting small and medium enterprises (SMEs) to boost industrial output, reduce the trade deficit and generate employment, officials said on Monday. Read More: SAPM assures SMEs of support to unlock growth, jobs Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan said […]
Auto industry divided over REEV classification in Pakistan
A dispute has emerged within Pakistan’s auto industry amid reports that certain market players are lobbying to have Range-Extended Electric Vehicles (REEVs) classified as pure electric vehicles, a move that industry insiders warn could undermine policy objectives and result in significant revenue losses. Read More: Punjab official vehicles to go electric Sources say a Chinese assembler, along with […]
North American automakers call for NAFTA talks to resume
GETTY IMAGES NORTH AMERICA/AFP/File / Drew AngererNorth American auto industry groups released a joint statement urging their governments to update the North American Free Trade Agreement in the wake of steep tarrifs on goods including automobiles US, Canadian and Mexican auto industry groups on Monday urged their governments to resume stalled efforts to overhaul the […]