Honda Faces First Loss in 70 Years; Cancels Major EV Models in $15.7B Reset.
In a historic reversal for the automotive industry, Honda has announced a staggering $15.7 billion (2.5 trillion yen) restructuring charge,...
Auto
Toyota Leads Governance Reform with $19 Billion Strategic Share Unwind.
In a landmark move reported on February 26, 2026, Toyota Motor Corp. is facilitating the sale of approximately $19 billion...
Kia Recalls 85,448 Telluride SUVs Over Front Seat Back Frame Defect.
Kia America has issued a safety recall for 85,448 vehicles in the United States due to a critical defect in...
MG JW Automobile and Wafi Energy Launch Advanced MG Motor Oil in Pakistan.
In a landmark move to enhance automotive aftersales service, MG JW Automobile Pakistan has partnered with Wafi Energy to officially...
Pakistan’s Auto Loans Hit Rs 328 Billion as 14-Month Growth Streak Continues.
In a major turnaround for the automotive sector, auto financing in Pakistan reached Rs 328 billion in January 2026, marking...
Atlas Honda Expands to Interior Sindh with its 7th Lifestyle Dealership; First in South Region.
Atlas Honda has inaugurated its 7th Honda Lifestyle Dealership, establishing its first-ever official presence in Pakistan's South Region. This state-of-the-art...
Pakistan Auto Sales Hit 43-Month High: 23,055 Units Sold in January 2026.
Pakistan’s automotive sector has hit a 43-month high in January 2026, with total car sales reaching 23,055 units. This performance...
EV Crown Reclaimed: Volkswagen Surpasses Tesla as Europe’s Leading Electric Vehicle Seller in 2025.
In a major shift in the automotive landscape, Volkswagen has overtaken Tesla to reclaim its position as the leading seller...
Safety Alert: Toyota Recalls 161,000+ Tundra Trucks Over Critical Rear-View Camera Glitch.
Automotive giant Toyota has issued a fresh safety recall for 161,268 vehicles in the United States after discovering a critical...
Riding the High Tide: Atlas Honda Posts Massive PKR 15.25 Billion Profit Amid Economic Challenges.
Atlas Honda Limited (ATLH) has once again proved its dominance in the Pakistani market by posting a staggering PKR 15.25...
