Indus Motors Terminates Dealership of Toyota Gujranwala Motors
Following a major fraud, Indus Motor Company (IMC) has terminated dealership of Toyota Gujranwala Motors for noncompliance of the company’s rules and regulations.
Read MoreDay: May 14, 2019
Al-Futtaim Puts Renault Project on Hold
According to sources, Al-Futtaim Group which was in process of introducing Renault cars in Pakistan has put a hold on its investment. The French automaker has reportedly cancelled the licensing agreement with the UAE conglomerate and has no interest to enter Pakistani market.
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Hyundai and Kia are Teaming Up with Rimac to Build Electric Sports Cars
Hyundai and Kia are Teaming Up with Rimac, the Croatian supercar maker behind the Rimac Concept-One to Build Electric Sports Cars
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Honda to Debut Its New Global Platform in 2020
Japanese automaker Honda will reveal a new scalable platform in 2020. The global platform will form the basis of Honda’s new model which has not been named as of yet.
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