KARACHI: Import of used vehicles continued to show negative trend as only 17,968 units were imported in engine capacity range of 660cc to above 3,000cc including jeeps (4x4) in July-April 2013-14 as compared to 41,281 units in the same period last fiscal year. The government’s customs duty collection from the above imports plunged to Rs7 billion from Rs15bn collected in the corresponding period of last fiscal year. Only 13,090 cars up to 1,000cc ...

TOKYO: Japanese car makers are unlikely to see a major impact on their businesses in Thailand after last week's military coup, the head of Japan's auto lobby said on Tuesday. Fumihiko Ike, chairman of Honda Motor Co and the head of the Japan Automobile Manufacturers Association, also said that appetite for investment into Thailand remains strong. "Thailand of course poses risks as a country, but if you ask me whether they are major country risks, ...

SYDNEY: General Motors Co said on Monday it will recall almost 46,000 cars in Australia and New Zealand after routine testing found an automatic seatbelt tightening mechanism may fail in an accident as a result of unexpected friction with a bolt. GM's Australian subsidiary GM Holden Ltd said it would recall certain 2014 Commodore and Caprice models a week after South Korea's Hyundai Motor Co recalled 137,500 vehicles globally because of concerns their air ...

NEW DELHI: The maker of India's Ambassador car has suspended production, citing debt and lack of demand for the iconic vehicle which came to define the country's political class, a company official said on Sunday. Hindustan Motors, India's oldest car maker, shut down its factory on Saturday at Uttarpara in West Bengal state, where it has been making the Ambassador based on Britain's long-defunct Morris Oxford since 1957. "Work has been suspended i ...

WASHINGTON: The WTO on Friday rejected Chinese tariffs on US-made luxury cars, handing Washington a victory on one of the growing number of disputes between the world's two largest economies. A World Trade Organization panel, responding to a US complaint, found that China was inconsistent with the global body's rules when it imposed tariffs in December 2011 over alleged US dumping and subsidies. China, the largest foreign market for US automakers after ...

DETROIT: Suzuki Motor Corp is recalling 184,244 cars in the United States that were built by General Motors Co because of a potential fire risk, according to documents filed with US safety regulators. Suzuki is recalling the Forenza and Reno compact cars from model years 2004 through 2008 because a faulty part in the daytime running lights could overheat and cause a fire, according to documents filed with the National Highway Traffic Safety Administratio ...

KARACHI: Import of motorcycles, new and used, registered a sharp increase while arrivals of second-hand cars tumbled during the first 10 months of this fiscal year. Rising interest of young generation towards used heavy bikes propelled imports thus pushing the two leading bike assemblers to introduce brand new bikes. In contrast, imports of used cars have been falling due to cut in age limit to three from five years and reduction in depreciation limit ...

DETROIT: General Motors Co said on Tuesday it is recalling another 2.6 million vehicles globally, raising the number of vehicles it has recalled so far this year to almost 15.4 million. The four recalls are the latest announced by the largest US automaker, the highest profile of which is the recall of cars with defective ignition switches linked to at least 13 deaths. GM has been criticized by safety advocates and fined by US safety regulators for not cat ...

WASHINGTON: South Korean automaker Hyundai is recalling 140,000 vehicles in the United States and Puerto Rico because of an air bag problem, according to documents filed with US auto safety regulators. There were no known accidents or injuries as a result of this problem, the company said in its recall notice to the National Highway Transportation Safety Administration. The issue relates to the bolts that attach the driver's airbag to the steering colu ...

TOKYO: Japan's eight carmakers have joined forces to develop environmentally friendly engines to stave off fierce competition from foreign rivals, a press report said Sunday. Two of Japan's leading universities will join Toyota, Honda, Nissan, Suzuki, Mazda, Mitsubishi, Daihatsu and Fuji Heavy in the project, which is mainly aimed at slashing engine emissions to meet tougher environmental standards, the business daily Nikkei reported. By 2020 the group ...