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Ford

Toyota cuts 2026 global EV output plans by a third, Nikkei reports

TOKYO: Japan’s Toyota Motor has slashed its electric vehicle production plans for 2026 by a third, the Nikkei...

Published 06 Sep, 2024 03:01pm

Business & Finance

Ford considers making new SUV in Valencia

MADRID: Ford is considering making a new sports-utility vehicle (SUV) at its plant in Valencia in Spain, the company...

Published 30 Mar, 2024 04:58am

Business & Finance

Ford to pay $365mn in US tariff fraud case

NEW YORK: American auto giant Ford has agreed to pay $365 million to settle a civil suit linked to the alleged...

Published 12 Mar, 2024 12:34pm

Technology

Tesla, rivals get low marks for automated-driving technology

DETROIT: Tesla’s Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by...

Published 12 Mar, 2024 10:30am

Technology

Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread

SAN FRANCISCO: Tesla on Wednesday joined General Motors and Ford in being cautious about expanding electric vehicle...

Published 19 Oct, 2023 10:12am

World

Ford Chairman Bill Ford calls for deal to end UAW strike

DEARBORN (Michigan): Ford executive chairman Bill Ford on Monday urged the United Auto Workers union to end a 32-day...

Published 17 Oct, 2023 05:51am

Technology

Ford pauses work on $3.5bn battery plant

NEW YORK: Ford is halting work on a major battery plant in the northern US state of Michigan, the automaker said...

Published 26 Sep, 2023 12:36pm

World

UAW strikes more GM, Stellantis facilities, cites progress in talks with Ford

DETROIT: The United Auto Workers expanded its strikes against Detroit automakers General Motors and Chrysler parent...

Published 23 Sep, 2023 10:17am

World

'Premature' to predict hit from US auto strike: Yellen

WASHINGTON: US Treasury Secretary Janet Yellen said Monday it is too early to gauge the economic impact from an...

Published 18 Sep, 2023 10:39pm

Business & Finance

Ford doubles down on hybrid pickup trucks

DETROIT: Ford plans to double production of hybrid F-150 pickup trucks in 2024, accelerating the automaker’s pivot...

Published 18 Sep, 2023 06:32am

Business & Finance

US auto workers launch first simultaneous strike at Detroit Three

DETROIT: The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors,...

Published 15 Sep, 2023 11:01am

Business & Finance

Tesla, suppliers to invest $15bn in Mexico factory

MEXICO CITY: A state governor in Mexico said on Monday that Tesla and its suppliers would invest $15 billion over...

Published 12 Sep, 2023 09:52am

Business & Finance

Ford to cut jobs in US, Canada in a bid to trim costs

BENGALURU: Ford Motor Co said on Tuesday it will begin layoffs this week, impacting mostly engineering jobs in the ...

Published 03 Jul, 2023 06:04am

Business & Finance

Ford says it will reduce costs to boost China business

SHANGHAI/BEIJING: Ford said on Monday it was working to reduce costs in China as it strives to recover from a long...

Published 15 May, 2023 03:37pm

Markets

Volkswagen to partner on Indonesia EV battery ecosystem

JAKARTA: Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner...

Published 17 Apr, 2023 11:36am

Business & Finance

Ford to cut 1,100 jobs in Spain

MADRID: U.S. auto maker Ford plans to slash 1,100 jobs at its plant located in Valencia in eastern Spain, a company...

Published 10 Mar, 2023 05:09pm

Business & Finance

Ford to cut 3,800 jobs, mostly in Germany and UK

PARIS: US automaker Ford said Tuesday it would cut 3,800 jobs in Europe, mostly in Britain and Germany, as...

Published 20 Feb, 2023 06:26am

Business & Finance

Ford to cut 3,800 jobs in Europe, mostly Germany, UK

PARIS: US automaker Ford said Tuesday it would cut 3,800 jobs in Europe, mostly in Britain and Germany, as...

Published 14 Feb, 2023 02:22pm

Business & Finance

Ford to cut 3,200 jobs in Europe, says union

BERLIN: Ford plans to cut 3,200 jobs across Europe and move some product development work to the United States,...

Published 30 Jan, 2023 05:56am

Business & Finance

Renault reorganises towards electric future

PARIS: French automaker Renault presented its green revamp to investors Tuesday, splitting its operations in two: a...

Published 08 Nov, 2022 12:25pm

Business & Finance

Ford reports strong demand for new vehicles in September

WASHINGTON: Ford Motor Co on Tuesday reported strong demand for new vehicles in the United States in September amid...

Published 05 Oct, 2022 07:08am

Business & Finance

Ford’s electric drive reinvents historic Michigan factory

DEARBORN: Construction crews are back at Dearborn, remaking Ford’s century-old industrial complex once again, this...

Published 25 Sep, 2022 11:35am

Business & Finance

Ford unveils newest Mustang, extending gasoline-powered life

DETROIT: Ford unveiled Wednesday its seventh-generation Mustang in a brash and boisterous launch event in downtown...

Updated 15 Sep, 2022 03:53pm

Life & Style

Princess Diana's one-of-a-kind Ford Escort goes up for auction

LONDON: A unique black Ford Escort driven by the late Princess Diana in the 1980s is due to be auctioned this ...

Published 24 Aug, 2022 04:20pm

Business & Finance

Ford profits rise on strong Q2 sales, pricing

NEW YORK: Ford shares zoomed higher Wednesday as the US auto giant reported increased second-quarter profits on a...

Published 28 Jul, 2022 09:51am

Business & Finance

Ford doubles down on electric push in Europe

FRANKFURT: US carmaker Ford on Monday unveiled plans for seven new electric models in Europe, a battery-assembly ...

Published 14 Mar, 2022 05:48pm

Business & Finance

Ford unveils new structure as it speeds electric car push

NEW YORK: Ford announced Wednesday it is creating separate businesses for its conventional and electric-auto...

Published 02 Mar, 2022 07:00pm

Markets

Ford, Suzuki to get incentives under India’s $3.5bn clean fuel scheme

NEW DELHI: Ford Motor Co, Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for...

Published 12 Feb, 2022 05:09am

Business & Finance

Ford, Toyota halt some output as US, Canada warn on trucker protests

WINDSOR/OTTAWA/WASHINGTON: Ford and Toyota on Wednesday both said they were halting some production as...

Published 10 Feb, 2022 11:39am

Technology

Biden finally mentions 'Tesla' after Elon Musk complains

NEW YORK: US President Joe Biden, who has not publicly referred to Tesla when talking about electric vehicles since...

Published 09 Feb, 2022 11:34am

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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