Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
China is slowly becoming the attraction for industrial conglomerates in terms of consumption. Although the per capita consumption is still low as compared to Europe and the US but out of 1.6 Billion people, a fraction counts for millions. The latest of the news is related to the automotive industry in mainland China, where the […]
The Chinese auto-market, as compared to other parts of the world, has more potential of growth, thanks to the European debt crisis that has affected its automotive market among other issues. The China Association of Automobile Manufacturers forecasts sales in the country to increase 9.5% in 2012, but that’s optimistic. “The best scenario is for annual […]
More importantly, the Ministry’s list is just another effort to undermine foreign brands. Late last December, Beijing announced a cut back in approvals for foreign companies to build plants, and we can be sure there will be unfairly means to ensure sales growth of local manufacturers. In more candid moments, foreign car executives say they […]
California regulators voted to mandate major automakers substantially increase the numbers of electric, plug-in hybrid and hydrogen fuel cell-powered models in their fleets in the coming years, eventually accounting for 15.4 percent of all vehicles sold in the state by 2025. According to Automotive News, the new standard is part of a broader package of […]
2011 was not a prosperous year for Southeast Asia in addition to the US and Europe. The 2011 second half brought a debt crisis that devoured the whole continent and the most affected area was the export-dependent Southeast Asian countries. However, two nations out of this sector remained consistent in showing progress, Indonesia and Malaysia. […]
Indonesia’s auto market has plenty of room to grow. CLSA Asia-Pacific Markets estimates the country had 32 vehicles for every 1,000 people in 2010, compared with 123 in Thailand and 300 in Malaysia. Indonesia’s economy and population are bigger than those two Southeast Asian neighbors combined. U.S. carmakers still have a long way to go […]
Officials at Japan’s Suzuki and Nissan cited the future government incentives as an impetus for growth, while South Korea’s Hyundai Motors cited the improving economic environment for its optimism in Indonesia. “Indonesia is so hot for the auto industry because the economy is growing significantly,” said Jongkie Sugiarto, president director of Hyundai’s Indonesian unit. The […]
Korean and Japanese delegation keen to invest in Pakistan – Pakistan Industrial sector update KARACHI: it has been learnt from special sources that Japan and Korea have shown keen interest in investing in the domestic markets of Pakistan. Both countries have already made huge investments in automotive, machinery sector and chemical industries in Pakistan. It […]
