Islamabad: Indus Motors increases car prices

11-12-2011 Increasing utility expenses and record depreciation in Pakistani rupee, which in last month only has depreciated by almost 5 percent against Japanese Yen (from 1.0980 to 1.152) and 4 percent US$ (from 86 to 89) has forced the Indus Motor Company (IMC) to marginally increase the retail prices of […]

Major car makers cut prices in Pakistan

Pakistan Suzuki Motor Company (PSMC) and Indus Motor Company (IMC) have reduced the prices of their vehicles effective from July 1, 2011. 

Toyota to double hybrid output in 2011

  TOKYO: Toyota Motor Corp aims to double its global output of gas-electric hybrid cars to one million units in 2011, as it fights to stay in the lead in the growing market for low-emission cars, the Nikkei business reported on Monday.