Pakistan News

    Hyundai Santro Car Price List Pakistan

  • Hyundai, Al-Haj to assemble vehicles in Pakistan

    KARACHI: Hyundai of South Korea has joined hands with Al-Haj Group to introduce top-of-the-line heavy commercial vehicles (HCV) through a technology transfer contract (TTC) under the subsidiary of Al-Haj Hyundai Ltd...

    Al-Haj Hyundai will initially introduce a heavy duty truck Xcient, Universe Luxury buses and Mighty medium and light duty trucks...

  • Hyundai to assemble cars in Pakistan in venture with textile group Nishat Mills

    Hyundai Motor Company plans to set up a car assembly plant in Pakistan in a joint venture with local textile firm Nishat Mills, an official from Nishat said on Friday...

    Hyundai's return to Pakistan will boost the government's efforts to shake up the Japanese-dominated car market and loosen the grip of Toyota, Honda and Suzuki, who assemble cars in Pakistan with local partners...

  • Hyundai will launch pickup, more SUVs to reverse US sales slide

    DETROIT: Hyundai Motor plans to launch a pickup truck in the United States as part of a broader plan to catch up with a shift away from sedans in one of the Korean automaker’s most important markets, a senior company executive told Reuters...

    OBrien, vice president of corporate and product planning at Hyundai’s US unit, told Reuters that Hyundai’s top management has given the green light for development of a pickup truck similar to a...

  • Hyundai halts China production as missile row cuts sales

    SEOUL: Hyundai Motor Co, South Korea’s largest automaker, said on Tuesday it has halted auto production at its plants in China as tensions between Seoul and Beijing over an US anti-missile system hurt its sales and left it unable to pay a supplier...

    All four of its factories that have been in operation in China had stopped manufacturing vehicles as of Tuesday after a local parts supplier refused to supply components when Hyundai...

  • US opens probe into recall of 1.7m Hyundai, Kia models

    7 million vehicles by Hyundai Motor Co and affiliate Kia Motor Corp over engine defects, according to filings published Saturday...

    A Hyundai spokesman in Seoul the company “has conducted recalls in compliance with US regulations and procedure” and will “sincerely” cooperate with the investigation...

  • MTL mulls joining hands with Hyundai

    KARACHI: Millat Tractors Ltd (MTL) said on Thursday it can possibly join the consortium that is setting up a greenfield plant for the assembly and sale of Hyundai Motor Company (HMC) passenger cars and light commercial vehicles (LCVs) in the one-tonne range...

    MTL informed the Pakistan Stock Exchange (PSX) on Thursday that its board of directors has authorised the company’s CEO and director to initiate discussions with the...

  • Hyundai Nishat signs pact with production ministry

    KARACHI: Hyundai Nishat Motor Ltd has signed an investment agreement with the Ministry of Industries and Production under Automotive Development Policy 2016-21 for setting up a greenfield project to undertake assembly and sale of passenger and one-tonne commercial vehicles...

    However, they did not give any details about the investment size and names of vehicles that would be built in Pakistan...

  • PM Abbasi breaks ground on Hyundai-Nishat vehicle assembly plant in Faisalabad

    The groundbreaking ceremony of the Hyundai Nishat vehicle assembly plant at Faisalabad's M-3 Industrial City took place on Wednesday, with local production of vehicles expected to begin within two years...

    Hyundai Nishat Motor Ltd signed an investment agreement with the Ministry of Industries and Production under the Automotive Development Policy 2016-21 earlier this week to set up a greenfield project to undertake assembly and sale...

  • Hyundai-Nishat begins truck production

    LAHORE: Hyundai-Nishat Motor Company on Wednesday started commercial production of light trucks at its assembly plant in Faisalabad...

    The company, which plans to launch three locally assembled Hyundai passenger cars -- each every six months from June, expects to run one shift over the next few months in view of the depressed domestic auto sales, rolling out only 20-25 units of its light trucks a day...

  • Hyundai and Kia bet on London start-up for electric cars

    South Korea's Hyundai and its Kia affiliate announced plans on Thursday for a major investment in London-based start-up Arrival to produce next generation electric vehicles that cost less than standard engine models...

    Hyundai and Kia have a shared ownership structure but target slightly different markets and demographics...

  • ‘Retailers must list sales tax on price tags separately’

    ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday made it binding on all registered retailers to show price and tax separately on the price tags and menu cards to ensure depositing of deducted tax in government kitty...

    The decision came at a time when retailers — especially those deals in selling of fabrics in local markets — have started charging sales tax at the rate of 17 per cent on retail price from consumers without...

  • CM wants price list displayed at shops

    PESHAWAR: Khyber Pakhtunkhwa Chief Minister Mahmood Khan on Monday directed all district administrations and other relevant authorities to ensure that retail shops display the essential items price list...

    During a meeting here, Mr Mahmood also ordered improvement of the price inspection and monitoring mechanism for the enforcement of the government fixed prices...

  • Poor labourers pay the price for India's cheap car boom

    Singh was one of thousands of poor labourers, many temporary, who toil for 12 hours a day making auto parts for as little as $3-a-day to feed India's cheap car boom...

    Car makers such as Maruti Suzuki India and Hyundai Motor see huge growth in India, set to become the world's third-largest auto market by 2020 as millions buy their first new car...

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