Pakistan News

    Today Pakistan And China Relations 2011 Hyundai

  • 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...

  • 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...

    Arrival is focused on designing and producing so-called Generation 2 electric vehicles, which are environmentally friendly cars made from scratch rather than being retrofitted, standard engine production models...

  • 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...

  • 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 South Korean whistleblower reported concerns last year to the US National Highway Traffic Safety Administration (NHTSA), which will probe the timeliness of three recalls carried out in the United States and whether they covered enough vehicles...

  • 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...

    According to a stock notice on Friday, the project will be able to avail duty concessions and incentives under the auto policy subject to the completion of...

  • 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...

  • Raymond Davis pens tell-all on 2011 Pakistan incident

    Raymond Davis — United States citizen and ex-Central Intelligence Agency employee who sparked a diplomatic storm in Pakistan in 2011 after shooting dead two young men in Lahore — has written a book about his experience...

    In his memoir, titled The Contractor: How I Landed in a Pakistani Prison and Ignited a Diplomatic Crisis, Davis talks in detail about his experience in Pakistan...

  • Dollar rises as US-China relations worsen over Hong Kong and tariffs

    The dollar rose on Wednesday and trade-exposed currencies fell after the United States president threatened a trade war escalation and China condemned a US senate measure backing pro-democracy protesters in Hong Kong...

    China's yuan slipped to a new two-week low in overnight trading after US President Donald Trump threatened to raise new tariffs on Chinese imports if ongoing trade negotiations fail...

  • Hosni Mubarak to stand re-trial over 2011 killing of protesters

    CAIRO: Egypt's high court said on Thursday former president Hosni Mubarak would be retried in the case of the 2011 killing of protesters...

    Earlier in Novmber 2014, an Egyptian court has dismissed criminal charges against former president Hosni Mubarak in connection with the killing of protesters in the 2011 uprising that ended his nearly three-decade reign...

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