Latest News on Business, Finance and Markets from Pakistan

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News

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brecorder.com > news > 40/43/9266 > tesla-to-unveil-long-delayed-roadster-on-oct-1-musk-says

Tesla to unveil long-delayed Roadster on Oct. 1, Musk says

1+ hour, 17+ min ago   (249+ words) Tesla CEO Elon Musk announced the long-delayed next-generation Roadster will be unveiled on October 1, potentially featuring SpaceX cold-gas thrusters and an evolved hypercar design. Tesla CEO Elon Musk said on Saturday the electric-vehicle ‌maker would unveil its long-delayed Roadster on…...

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brecorder.com > news > 40/43/9264 > hyundai-motor-to-roll-out-in-house-driver-assist-system-in-2029

Hyundai Motor to roll out in-house driver-assist system in 2029

1+ hour, 27+ min ago   (411+ words) Hyundai Motor Group delays its proprietary driver-assistance software launch to 2029, partnering with Nvidia for earlier ADAS deployment by 2028, raising concerns about reliance and competition. SEOUL: Hyundai Motor Group will launch vehicles equipped with its proprietary driver-assistance software in late 2029, two…...

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brecorder.com > news > 40/43/9119 > petrol-price-up-by-rs502-hsds-by-rs528

Petrol price up by Rs5.02, HSD’s by Rs5.28

1+ day, 5+ hour ago   (264+ words) ISLAMABAD: In its daily revision of fuel prices, the government on Friday increased the ex-depot price of petrol by Rs5.02 to Rs375.82 per litre from Rs370.80 per litre. The price of high-speed diesel (HSD) has also been increased by Rs5.28 to Rs403.32 per litre from…...

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brecorder.com > news > amp > 40438498

Lower duties on completely built-up vehicles risk local vendors, auto experts say

3+ day, 14+ hour ago   (1093+ words) The Pakistani auto industry warns that reduced duties on imported vehicles and parts threaten local manufacturing, jobs, and investment, urging government protection against foreign competition and high domestic costs. Reducing duties on completely built-up (CBU) vehicles could divert market demand…...