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Tag Archives: automobile

China’s Geely Auto shares slump after profit warning on Russia

BEIJING: Russian crises tumbled the China’s Geely Automobile Holdings Ltd who expected its net profit in 2014 to roughly halve due to foreign exchange losses from its operations in Russia and a sharp fall in sales in its major export markets, the Chinese carmaker said here the other day. “In terms of the Russian operations, the group has started to ... Read More »

Rs249.7b collected thru customs duty, reveals FBR Year Book 2013-14

ISLAMABAD: Increase in value of rupee versus dollar pushed net collection of customs duty up by around one per cent, while gross and net collection from customs duty remained Rs249.7 billion and Rs241 billion respectively during 2013-14. According to the Year Book 2013-14 issued by Federal Board of Revenue (FBR), the customs duty contributed around 17.4 per cent and 10.6 ... Read More »

Audi India to recall 382 units of Q7 SUV over brake flaw

JAIPUR: Audi India Thursday announced to recall of premium SUV Q7 manufactured between March and December 2012 due to brake system flaw. The automaker is recalling 382 units of Q7 as a part of global exercise under which company is calling back about 70,000 units of A4, A5, A6 and A7 saloons and Q5 and Q7 in SUV segment to ... Read More »

Audi recalls 2740 A4 cars in Ireland for software update

DUBLIN: Audi Ireland is recalling 2,740 A4 models in Ireland for updating the software to avoid any untoward incident during accident because airbags may not inflate properly in such event. The models affected are A4 saloon, Avant (estate) and AllRoad versions manufactured between November 2011 and mid-October this year. A software update is required to resolve the matter. Audi Ireland ... Read More »

Ambitious targets: KPRA collection increased by 300pc

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) is committed to executing the provincial government directives for broaden the base of sales tax on services in the province as the authority has already registered a 300 percent increase in the collection of Sales Tax on service in the last financial year. It is to be noted that the KPRA has been ... Read More »