Tesla, the world’s leading electric vehicle (EV) manufacturer, has reported a staggering 70% drop in net income for the fourth quarter of 2024. This sharp decline has raised concerns among investors and analysts about the company’s financial health and future growth prospects.
Toyota has once again asserted its dominance in the global automotive industry by securing the top spot as the world’s best-selling car manufacturer in 2024. The Japanese automaker outpaced competitors such as Volkswagen, General Motors, and Hyundai, reaffirming its reputation for reliability, innovation, and market adaptability.
The long-awaited Serena Interchange project has finally received an official completion date: February 4, 2025. After weeks of unexpected delays, authorities have confirmed that the construction will be wrapped up, bringing much-needed relief to commuters and residents in the area.
The electric revolution is in full swing, and Suzuki has officially stepped into the EV two-wheeler market with its first-ever electric scooter, the e-ACCESS. This marks a significant shift for the Japanese automotive giant, which has long been known for its reliable and fuel-efficient gasoline-powered scooters.
Sindh is set to take a significant step towards sustainable transportation with the launch of an electric vehicle (EV) taxi service next month. This initiative aims to reduce carbon emissions, promote eco-friendly travel, and offer an affordable commuting option for the residents of the province.
The Punjab Transport Department has recently proposed a budget of Rs. 240 million to replace its aging fleet of vehicles. This move is part of the department’s broader initiative to modernize the public transportation system and enhance commuter safety and comfort.
In an incredible display of ingenuity and passion, a Pakistani engineer has stunned the automotive world by building a replica of the Tesla Cybertruck at the cost of a Suzuki Alto. The project, which has gone viral on social media, showcases the creativity and technical skills of local talent in Pakistan’s growing DIY automotive scene.
The automotive industry is undergoing one of the most significant transformations in its history, driven by the rapid adoption of electric vehicles (EVs), stringent emissions regulations, and technological advances. Amid this backdrop, reports have surfaced that two of Japan’s automotive giants, Honda and Nissan, are exploring the possibility of a merger to strengthen their positions in the evolving market.
As winter grips the roads, Hyundai has taken a bold step forward in automotive innovation with the introduction of its next-generation heated windscreen technology. Designed to enhance driver safety and convenience, this state-of-the-art feature promises to make icy mornings and frosted windows a thing of the past.
In a proactive move to facilitate citizens and reduce the hassle of token tax payments, the Excise and Taxation Department in Islamabad has announced extended office hours. This decision comes at a time when the deadline for token tax payments is fast approaching, and the department aims to accommodate the growing number of taxpayers.
