Auto Industry

Magna International is intensifying its commitment to India’s electric vehicle ecosystem through a $35 million follow-on investment in Yuma Energy. This fresh injection of capital raises the Canadian automotive…

The founders of Starcloud, a prominent startup previously known for its plans to deploy a fleet of high-performance GPUs in orbit, have announced a bold new transition into interstellar exploration. Through their newly…

Ford Motor Company is navigating a pivotal era as it seeks to replicate the historical success of iconic models like the Taurus and the Explorer to reverse a long-term decline in market volume. Despite a modest 6%…

ISLAMABAD — In a major move to rapidly accelerate the country’s green energy transition, the National Assembly Standing Committee on Finance has formally finalized explicit custom updates for the Finance Bill 2026. Led by Chairman Syed Naveed Qamar, the parliamentary panel has officially signed off on a 0% Federal Excise Duty (FED) structure for all

ISLAMABAD — In a major development expected to dramatically shake up the domestic auto market, the Ministry of Commerce has briefed the parliamentary finance panel on a comprehensive plan to rationalize import duties across multiple vehicle engine capacities. Under the newly tabled framework, total cumulative duties and taxes on standard 1800cc cars will plummet from

KARACHI — In a major development for Pakistan’s automotive ecosystem, Lucky Motors Corporation (LMC) has officially launched China’s GAC Motor in Pakistan. This milestone introduces premium electric vehicle (EV) models under the AION and HYPTEC brands. The strategic partnership focuses heavily on intelligent mobility, advanced safety, electrification, and smart connectivity. Following recent EV movements by

Classic Car Sales Slow at Monterey: A Generational Shift in the Collector Car Market Monterey Car Week has long stood as a pinnacle event in the classic car world — a stage where rare and historic automobiles regularly achieve record-breaking auction prices. However, the 2025 edition painted a different picture. Sales slowed noticeably, signaling a

Tesla’s Full Self-Driving (FSD) Coming to Europe and China by Early 2025: A Leap Toward the Future of Mobility Tesla’s Full Self-Driving (FSD) technology has long been at the center of conversation in the automotive and tech industries. In a recent announcement, Tesla revealed that its FSD software is expected to be fully ready for