High prices of automobiles are likely to persist at elevated levels even during 2022, said Grant

BERLIN, April 27( Xinhua)--The General German Automobile Club( ADAC) on Wednesday called on its

KARACHI: The amount of outstanding auto loans declined for the 18th consecutive month to Rs251 billion at the end of December 2023 from Rs257bn at the end of November, while it was Rs337bn during December 2022, depicting a drop of 2. 3per cent month-on-month and 25. 5pc year-on-year. The total drop in the last 18 months stood at a whooping Rs117bn as it was Rs368bn at the end of June 2022, data released by the State Bank of Pakistan( SBP) showed. Samiullah Tariq, Research Head at Pak Kuwait Inve

Vehicles should be roadworthy", he said. Ayukaway further said," So we should have regular testing of in-use vehicles.... I can only say that the industry is working on whatever is in our control.... We are working hard to maximise production and sales while ensuring safety of our people across the safety chain," Ayukawa said.He said the second wave of covid came with" great force, scale and speed....

certificate will be given on scrapping the old vehicle.... Premium Gold prices today struggle after

The historic chip shortage has crimped production for automakers around the world, including some in China, the group said. Japanese carmakers were among the hardest hit by the chip shortage last month.... Honda cited component shortages. The car association said it expects supply constraints to ease in the second half of the year, the WSJ reported further. Nikkie Asia reported that until now, the global chip crunch had only a limited impact on the Chinese auto market.... Delays in European pa

Spending will benefit from recent strength in job gains and a boost from back-to-school spending as kids begin to return to in-school classrooms." Retail sales dropped 1.1% last month.... Sales increased 15.8% compared to July last year. Receipts at auto dealerships fell 3.9% after declining 2.2% in June.... That boosted manufacturing production last month. Online retail sales dropped 3.1%, payback after Amazon. com pulled forward its Prime Day to June from July....

This volume brings the total number of travelers close to pre-pandemic levels. And with it, comes the congested airports, packed roads and sold-out trains.... Holiday decorations in a window as travelers make their way on foot outside of Terminal 3 at Chicago's O' Hare International Airport in 2018.... The airports will also be congested Tuesday and Wednesday, the department said....

KARACHI: Assemblers have started pushing up the motorbike prices anticipating a surge in demand for

Automobile Association( AAA). The national average gas price just hit a record high of 4. 619 dollars