Month: February 2015
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 February 26, 2015
KARACHI: Auto sales outlook remains bright as import of completely knocked down (CKD) kits of locally-produced heavy vehicles, cars and bikes rose by 37, 51 and 23 per cent, respectively, in the first seven months of this fiscal year from the same period last year.   According to the figures of Pakistan Bureau of Statistics (PBS), import of CKD kits for buses, trucks and heavy vehicles increased to $91.4 million in July-Jan 2014-15 from $66.5m in the same period last year...
KARACHI: Auto sales outlook remains bright as import of completely knocked down (CKD) k...
KARACHI: Auto sales outlook remains bright as import of completely knocked down (CKD) kits of locally-produced heavy vehicles, cars and bikes rose ...

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 February 25, 2015
SINGAPORE - Oil turned lower in Asia Tuesday as a feeble rebound failed to take hold, with prices under pressure in an oversupplied market.   US benchmark West Texas Intermediate (WTI) for April delivery was down 29 cents to $49.16. Brent crude for April fell 17 cents to $58.73 in afternoon trade, reversing gains in the morning.   WTI shed $1.36 in New York and Brent lost $1.32 in London the day before as US crude stockpiles lingered at historic level...
SINGAPORE - Oil turned lower in Asia Tuesday as a feeble rebound failed to take hold, w...
SINGAPORE - Oil turned lower in Asia Tuesday as a feeble rebound failed to take hold, with prices under pressure in an oversupplied market. ...

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 February 25, 2015
KARACHI - Indus Motor Company Limited (IMC), manufacturer and distributor of Toyota vehicles in Pakistan, has posted a 50pc growth in sales revenue in the half year ending December 2014.   Posted sales revenues of Rs 39. 1 billion compared to Rs 26. 1 billion for the same period last year. The profit after tax for the period is Rs 3. 1 billion as compared to Rs 1. 4 billion achieved same period last year.   Board of Directors declared an int...
KARACHI - Indus Motor Company Limited (IMC), manufacturer and distributor of Toyota veh...
KARACHI - Indus Motor Company Limited (IMC), manufacturer and distributor of Toyota vehicles in Pakistan, has posted a 50pc growth in sales revenue...

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 February 23, 2015
Toyota will unveil revised styling for its Corolla hatch at the 2015 Geneva motor show in March.   The popular five-door will benefit from new headlights, bumpers and wheels that lend a sportier look. Details surrounding the changes are slim, as Toyota has released just one image of the new car along with limited information.   Toyota says model will also receive an upgraded interior with new comfort and safety equipment.   The mo...
Toyota will unveil revised styling for its Corolla hatch at the 2015 Geneva motor show ...
Toyota will unveil revised styling for its Corolla hatch at the 2015 Geneva motor show in March.   The popular five-door will ...

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 February 18, 2015
Suzuki Kizashi is the jewl in the 4 wheel product range of Suzuki. It is equipped with a 2.4L engine accompanied with CVT for smooth and progressive acceleration.   The car is equipped with electronic sensors to illuminate the headlamps and activate wipers. Along with the provision of an advanced driveline, the car has all the high end driver and passenger amenities with the provision of electrically adjustable seats.   The car provides ample space fo...
Suzuki Kizashi is the jewl in the 4 wheel product range of Suzuki. It is equipped with ...
Suzuki Kizashi is the jewl in the 4 wheel product range of Suzuki. It is equipped with a 2.4L engine accompanied with CVT for smooth and progressiv...

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 February 17, 2015
The new Mercedes-Benz C-Class has been named as the Car of the Year at the BusinessCar Awards 2015. Voted for by readers of BusinessCar, the BusinessCar Awards are unique in being the only awards decided entirely by the fleet industry itself. In announcing the award, Paul Barker, Editor at BusinessCar, commented: “It’s testament to both the quality of the product and to the way Mercedes-Benz has stepped up its business operation that the readers of BusinessCar have voted the C...
The new Mercedes-Benz C-Class has been named as the Car of the Year at the BusinessCar Awa...
The new Mercedes-Benz C-Class has been named as the Car of the Year at the BusinessCar Awards 2015. Voted for by readers of BusinessCar, the Busine...

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 February 14, 2015
Apple is hiring automotive technology and design experts to staff up a top-secret research lab, with the possible intention of building a car, the Financial Times reported on Friday, citing several people familiar with the iPhone maker. It's unclear whether the world's largest smartphone maker is simply looking for talent to shore up CarPlay, the in-car entertainment and software service it unveiled last year that CEO Tim Cook has identified as pivotal to the company...
Apple is hiring automotive technology and design experts to staff up a top-secret ...
Apple is hiring automotive technology and design experts to staff up a top-secret research lab, with the possible intention of building a car,...

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 February 12, 2015
Toyota, the world's biggest carmaker, has raised its annual profit outlook after a weak yen offset a fall in domestic sales.   The Japanese giant now expects a record operating profit of 2.7 trillion yen ($22.93bn; £15bn) for the fiscal year to March, up from 2.5tn yen.   The weaker yen has boosted the value of the carmaker's sales overseas to make up for slow demand in Japan.   The move comes despite Toyota's re...
Toyota, the world's biggest carmaker, has raised its annual profit outlook after a ...
Toyota, the world's biggest carmaker, has raised its annual profit outlook after a weak yen offset a fall in domestic sales.   ...

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 February 11, 2015
A Senate-commissioned investigation details how an iPad can interfere with vehicle performance and be used to collect data such as driving history   Forget crowbars – all a hacker needs to break into your car is an iPad, according to a report released on Monday by Senator Edward Markey. What’s more, car companies are doing little to protect you.   Most cars now contain more than 50 separate electronic control units collecting vehicl...
A Senate-commissioned investigation details how an iPad can interfere with vehicle ...
A Senate-commissioned investigation details how an iPad can interfere with vehicle performance and be used to collect data such as driving hist...

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