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carmakers

Renault, Nissan boards approve ‘rebalanced’ alliance

LONDON: The boards of French automaker Renault and Japanese partner Nissan have approved a major overhaul of their...

Published 06 Feb, 2023 12:53pm

Business & Finance

Most automakers fall short on climate goals

PARIS: Only two of the world’s 12 top automakers plan to make enough electric vehicles by 2030 to stay in step ...

Published 23 May, 2022 08:02am

BR Research

Autos: The more things change…

The more they remain the same. It was inevitable that car makers would raise prices as their costs increased (price...

Published 17 Nov, 2021 07:44am

Business & Finance

Carmakers shift up a gear in race to go electric

LONDON: With electric car sales soaring and regulations increasingly favouring zero-emission vehicles, a flurry of...

Published 25 Oct, 2021 05:35am

Business & Finance

VW's Skoda to halt Czech plants for a week due to chip shortage

Recent COVID-19 outbreaks in Asia, for example in Malaysia, are forcing semiconductor manufacturers to close their factories again

Published 16 Sep, 2021 06:41pm

Business & Finance

Carmakers warn chip shortage putting brakes on recovery

PARIS: The automobile industry is being hit hard by a shortage of computer chips that has slowed production and is...

Published 02 Aug, 2021 06:02am

Business & Finance

Carmakers warn chip shortage putting brakes on recovery

But as automakers overcome the chip shortage another problem awaits, Dudenhoeffer warned

Published 01 Aug, 2021 11:12am

Opinion

Europe to boost battery production as electric shift accelerates

As electric car sales take off and petrol engines face being phased out by 2035, Europe is looking to develop its ...

Published 26 Jul, 2021 05:21am

Business & Finance

Going electric: carmakers make the switch

PARIS: Leading automakers have signalled their intention to scrap internal combustion engines by 2030 or cut back...

Published 26 Jul, 2021 05:21am

Business & Finance

Renault-Nissan India plant complying with COVID-19 rules, report says

Workers in Tamil Nadu for global automakers such as Renault-Nissan, Hyundai and Ford plants had halted work for several days in May over coronavirus-related safety concerns.

Published 05 Jul, 2021 08:06pm

World

Carmakers in 'India's Detroit' allowed to operate

CHENNAI: Carmakers in the Indian automobile hub of Chennai will be allowed to keep operating, the state government...

Published 30 May, 2021 03:51am

Business & Finance

GM profit shrugs off chip shortage with high-priced pickups, SUVs

Barra added that the No. 1 US automaker's "supply chain and manufacturing teams are maximizing production of high-demand and capacity-constrained vehicles."
In a conference call with reporters, Barra said that the chip shortage will worsen in the second quarter before starting to improve in the second half of the year.

Published 05 May, 2021 06:18pm

Business & Finance

Ford, BMW lead $130mn investing round in solid-state battery startup

The partnerships and the capital that comes along with it are really going to put us on a good footing to execute on our road map, which simply speaking is qualifying this technology for vehicle use and getting them into vehicles in the not-too-distant future.
Carmakers are racing to develop EVs amid tightening CO2 emission standards in Europe and China.

Published 03 May, 2021 06:51pm

Business & Finance

Volkswagen considers succession for board member Osterloh

One source said that Osterloh had been offered the position of personnel director at Traton, Volkswagen's truck unit that was spun off and separately listed in 2019.
Osterloh, 64, has since 2005 been a member of Volkswagen's supervisory board, half of which is composed of labour representatives under Germany's system of corporate governance.

Published 22 Apr, 2021 05:38pm

Markets

Japan shares tumble as fire at chip factory hits Renesas, carmakers

Fast Retailing dropped 3.2% while Fanuc lost 3.1%.

Published 22 Mar, 2021 11:36am

Business & Finance

Tesla short-sellers sitting on $3.5bn weekly profits-Ortex

The electric carmaker's shares slumped 17% the week through Wednesday off record high levels, as Bitcoin, in which Tesla invested $1.5 billion, pulled back sharply.

Published 25 Feb, 2021 06:30pm

Business & Finance

Taiwan to increase chip production after shortage hits carmakers

Taiwan's chip foundries are some of the world's biggest and most advanced, and so European car manufacturers have been reaching out to Taipei for help.

Published 28 Jan, 2021 09:32pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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