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Toyota Recalls 161,000+ US Vehicles Over Rear-View Camera Display Fault
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Toyota Recalls 161,000+ US Vehicles Over Rear-View Camera Display Fault

Toyota Motor Corp. is recalling 161,268 vehicles in the United States due to a defect affecting the rear-view camera display when the vehicle is shifted into reverse. The announcement came from the National Highway Traffic Safety Administration (NHTSA) on January 31, 2026, highlighting a safety concern that could impair visibility while backing up. Read More: https://theboardroompk.com/daraz-pakistan-brings-the-spirit-of-ramadan-to-life-with-grand-ramadan-bazaar/ Defect Details The issue involves the rear-view camera display malfunctioning specifically in reverse gear. This can prevent drivers from seeing the required backup image, violating federal safety standards mandating functional rear-view cameras in vehicles to reduce crash risks with pedestrians or objects behind the car. Affected Vehicles and Scope The recall targets specific Toyota models sold in the U.S., though exact models and production years were not detailed in initial reports beyond the total count of 161,268 units. This comes amid a series of recent Toyota recalls related to camera and display issues, including larger ones in late 2025 affecting over a million vehicles with panoramic view monitor problems. Safety Risks If the display fails to show the rear-view image or becomes unreliable while reversing, it increases the potential for accidents, particularly in parking lots or driveways where visibility is critical. Rear-view cameras have been mandatory since 2018 to enhance safety during reverse maneuvers. Toyota’s Response Toyota is addressing the problem through a voluntary safety recall. Owners of affected vehicles will receive notifications, and dealers will perform necessary repairs or software updates at no cost. This aligns with Toyota’s proactive approach to compliance with NHTSA standards. Context of Recent Recalls This recall follows closely on similar issues, such as a January 2026 action involving around 162,000 Tundra and Tundra Hybrid models for multimedia display glitches that could freeze on camera view or go black, and a larger October 2025 recall of over 1 million vehicles for backup camera freezing or non-display problems across multiple Toyota and Lexus lines.Owner Guidance Affected owners should monitor for recall letters from Toyota and can check their vehicle’s status using the NHTSA website by entering their VIN. Prompt attention to the free remedy is recommended to restore full safety compliance.

Pakistan's Agricultural Machinery Imports Surge 21.64% in First Half of FY26
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Pakistan’s Agricultural Machinery Imports Surge 21.64% in First Half of FY26

Pakistan’s imports of agricultural machinery and implements rose by 21.64% during the first six months of the current fiscal year (July-December 2025-26), reaching $65.760 million compared to $54.059 million in the same period last year. The figures come from the Pakistan Bureau of Statistics (PBS). Read More: https://theboardroompk.com/musk-regrets-govt-jobs-cutting-program-doge-role-somewhat-successful-but-wouldnt-lead-again/ Strong Growth Amid Broader Trade Trends This increase highlights growing demand for modern farming equipment to boost productivity in Pakistan’s agriculture sector, which remains a cornerstone of the economy. Higher imports reflect efforts to mechanize operations and improve efficiency. Context Within Overall Import Patterns While agricultural machinery showed positive momentum, related categories varied: agricultural and other chemicals increased by 9.04% to $5.373 billion, insecticides surged 45.38% to $97.937 million (19,003 metric tons), but fertilizers declined slightly by 2.62% in volume despite higher value. These trends indicate selective investment in farm inputs and tools. The growth in machinery imports supports modernization initiatives, potentially aiding higher yields, reduced labor dependency, and resilience against climate challenges. It aligns with ongoing pushes for technological adoption in rural areas. No specific reasons or sourcing countries were detailed in the report, but the uptick contrasts with some broader trade pressures, including a widening overall trade deficit in the period. Stakeholders view this as a positive signal for agricultural development and long-term food security.

Pakistan's Motorcycle Industry: 1.89 Million Units Produced as Sector Defies Economic Odds
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Pakistan’s Motorcycle Industry: 1.89 Million Units Produced as Sector Defies Economic Odds

KARACHI: Pakistan’s motorcycle industry has reported a remarkable recovery in 2025, recording a historic 35% year-on-year increase in sales. This growth comes as a significant indicator of economic resilience, proving that demand for affordable mobility remains robust despite broader inflationary pressures. According to the latest data for the period of January to December 2025, the country produced a total of 1,898,767 motorcycles. The 70cc category remains the backbone of the market, accounting for over 1.09 million units sold, while the 125cc segment followed with 579,127 units. The growth was spread across various engine capacities, with 70cc bikes seeing a 56% jump and 125cc models growing by 32%. Mid-tier 100cc and 150cc categories also saw modest gains of 10% and 2% respectively, reflecting a diverse consumer preference for both economy and performance. Industry leaders showed exceptional performance; Unique led the pack with a staggering 90% growth, followed by United Motors at 51% and Hi-Speed at 60%. Market giant Honda also maintained strong momentum with a 32% increase in its sales volume. Industry expert Sabir Sheikh noted that this “speedy recovery” is a vital sign for the national economy. He highlighted that the surge will not only create more jobs but also stabilize the local supply chain and provide much-needed relief to the country’s vast network of dealers and parts manufacturers.

Wafi Energy to Supply OEM-Approved Shell Lubricants for Hyundai Vehicles Nationwide
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Wafi Energy to Supply OEM-Approved Shell Lubricants for Hyundai Vehicles Nationwide

Wafi Energy Pakistan Limited and Hyundai Nishat Motors have signed a strategic agreement for the supply of Shell lubricants for Hyundai vehicles in Pakistan. The contract signing ceremony held in Lahore marked the launch of Shell Helix HX8 0W-20 AH, a lubricant developed as per Hyundai engine requirement. The ceremony was attended by senior leadership, including Zubair Shaikh, CEO of Wafi Energy Pakistan Limited, and Hasan Mansha, CEO of Hyundai Nishat Motors. This significant milestone underscores the commitment of both organizations to deliver premium lubrication solutions. Shell Helix HX8 0W-20 AH is the second co-branded lubricant introduced under the Hyundai–Shell collaboration in Pakistan, further expanding the jointly developed product range. Specifically designed in line with Hyundai’s technical specifications, the advanced lubricant delivers comprehensive engine protection, enhanced fuel efficiency, and optimized performance, particularly suited to local driving conditions across Pakistan. Under this strategic agreement, Wafi Energy Pakistan Limited will supply Shell lubricants aligned with Hyundai’s rigorous requirements, thereby strengthening aftersales support and ensuring Hyundai customers have seamless access to lubricant aligned with Hyundai specifications. This collaboration demonstrates a shared commitment to quality, technical excellence, and continuous innovation. The partnership reflects the dedication of both Wafi Energy and Hyundai Nishat Motors to deliver exceptional value and support to Hyundai vehicle owners across Pakistan. Through this collaboration, customers can confidently rely on authentic, OEM-approved lubricants that meet the highest standards of performance and reliability.

Auto Sector Profit Expected Jump 35% in Q2-FY26
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Auto Sector Profit Expected Jump 35% in Q2-FY26

Pakistan’s automobile sector is experiencing a strong revival in fiscal year 2026 (FY26), with leading brokerage firm Topline Securities projecting robust profitability gains for major listed players in the second quarter (Q2 FY26, October–December 2025). According to Topline’s latest preview released on January 23, 2026, the “Topline auto universe”—primarily encompassing key assemblers like Indus Motor Company (INDU) (Toyota), Honda Atlas Cars (HCAR), and others—is expected to deliver 35% year-on-year (YoY) and 19% quarter-on-quarter (QoQ) growth in profitability. This surge is primarily fueled by a sharp 45% YoY increase in sales volumes, reaching approximately 27,821 units during the quarter, alongside a 36% QoQ rise.The momentum builds on a broader sector recovery. In the first half of FY26 (July–December 2025), total sales of cars, light commercial vehicles (LCVs), pickups, and vans climbed 46% YoY to 88,322 units, up from 60,676 units in the same period last year. This rebound follows several years of contraction triggered by high interest rates, currency volatility, and import restrictions.December 2025 showed solid demand despite a typical year-end slowdown, with passenger car sales rising 35% YoY to around 13,300 units, though down 14% month-on-month due to registration delays and buyers deferring purchases into the new calendar year. Two-wheeler sales remained particularly strong, supported by dominant players like Atlas Honda.Key performers in Q2 FY26 are anticipated to include:Indus Motor Company (INDU), assembler of Toyota vehicles, which is projected to post around 32% YoY earnings growth. Strong recovery in models like Corolla, Yaris, and Cross—along with SUVs like Fortuner and Revo—has driven volumes higher, benefiting from improved gross margins and new model introductions. Honda Atlas Cars (HCAR), showing even sharper momentum with expected 34% YoY (or higher in some estimates) earnings per share improvement. Honda’s sedans (Civic and City) and SUVs (BR-V, HR-V) have seen significant uptake, reinforcing its position in the premium segment. The sector’s turnaround is underpinned by several favorable macro factors: easing interest rates, which have revived auto financing; relative PKR stability; declining inflation; and improved consumer confidence. New model launches, including hybrids and more affordable variants, have also played a role in stimulating demand.However, challenges persist. December’s MoM dip highlights seasonal patterns, while rising SUV imports—particularly from Chinese brands like Changan, Haval, and emerging players—signal growing competition and potential risks from import dependency in 2026. Analysts note that while Japanese brands (Toyota, Honda, Suzuki) still dominate, Chinese assemblers are gaining share through competitive pricing, better features, and localization efforts.Topline’s outlook aligns with industry-wide optimism, as the sector contributes meaningfully to large-scale manufacturing (LSM) growth and reflects broader economic stabilization. With policy continuity and sustained low borrowing costs, the auto industry could extend its recovery trajectory, though vigilance on external account pressures and import dynamics remains essential.

Xiaomi Budget Electric Car Redefines Performance Expectations
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Xiaomi Budget Electric Car Redefines Performance Expectations

Xiaomi budget electric car has sent shockwaves through the global automotive and technology industries after outperforming the Ferrari SF90 XX in a head-to-head drag race. Known globally for disrupting the smartphone and consumer electronics market with affordable innovation, Xiaomi is now redefining expectations in the electric vehicle (EV) space—challenging even the most elite supercar brands. The stunning result has sparked intense debate across automotive forums, business circles, and investor communities, raising an important question: Are affordable electric vehicles about to overtake traditional high-performance combustion supercars? How the Xiaomi Budget Electric Car Beat a Ferrari Xiaomi Budget Electric Car vs Ferrari SF90 XX: Performance Explained In multiple drag race runs, Xiaomi’s budget electric car demonstrated faster off-the-line acceleration than Ferrari’s SF90 XX, one of the most powerful hybrid supercars ever produced. While Ferrari boasts decades of racing heritage and cutting-edge engineering, Xiaomi leveraged the inherent advantages of electric propulsion instant torque delivery, seamless power transfer, and optimized weight distribution. Instead of focusing on top speed, Xiaomi optimized its EV for real-world acceleration, where electric motors excel. The result was a surprising yet repeatable victory that has redefined perceptions of what a “budget” electric car can achieve. Key Performance Comparison Explained in Text When comparing both vehicles, the performance gap becomes clearer when broken down: • Acceleration: The Xiaomi budget electric car reaches 0–100 km/h significantly faster due to instant electric torque, while the Ferrari relies on complex hybrid power delivery.• Power Delivery: Xiaomi’s single-speed electric drivetrain eliminates gear shifts, giving it smoother and quicker launches.• Cost-to-Performance Ratio: Ferrari’s SF90 XX costs hundreds of thousands of dollars, whereas Xiaomi’s EV is positioned for mass-market affordability.• Technology Focus: Xiaomi emphasizes software optimization, battery efficiency, and motor tuning rather than mechanical complexity. This contrast highlights how electric mobility is shifting the performance paradigm away from traditional engineering prestige toward software-led innovation. Why Xiaomi’s Budget Electric Car Matters for the EV Market Xiaomi Budget Electric Car Signals Industry Disruption Xiaomi’s entry into electric vehicles is not just about selling cars it’s about reshaping industries. Much like its smartphones disrupted premium brands, Xiaomi is applying the same playbook to mobility: high specifications, aggressive pricing, and ecosystem integration. For investors and automakers, the implications are profound. Legacy car manufacturers now face competition not only from Tesla and Chinese EV startups, but also from global tech giants with massive supply chains and software expertise. Impact on Supercar Brands and Luxury Automakers The drag race result doesn’t mean Ferrari is obsolete but it does expose a vulnerability. Supercar brands have historically justified premium pricing through performance superiority. As electric vehicles democratize acceleration and efficiency, luxury brands must pivot toward design, heritage, and experiential value rather than raw speed alone. The Xiaomi budget electric car represents a broader shift: performance is no longer exclusive to luxury pricing. What This Means for Consumers and Businesses Xiaomi Budget Electric Car Creates New Buyer Expectations For consumers, this milestone reinforces the idea that affordable EVs can deliver thrilling performance without compromise. For businesses, especially in emerging markets like Asia, the Middle East, and Pakistan, Xiaomi’s EV strategy could accelerate EV adoption at scale. Fleet operators, ride-hailing companies, and urban commuters are likely to benefit from lower costs, better efficiency, and competitive performance reshaping transportation economics globally. The Future of Affordable High-Performance EVs The Xiaomi budget electric car beating the Ferrari SF90 XX is more than a viral moment—it’s a symbol of transformation. As battery technology improves and software-driven optimization advances, traditional benchmarks of automotive excellence are being rewritten. Xiaomi’s success suggests that the next era of performance vehicles will be defined not by price tags or legacy brands, but by innovation, efficiency, and intelligent engineering.

Ford Recalls Over 272,000 Electric and Hybrid Vehicles Over Park Failure Risk
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Ford Recalls Over 272,000 Electric and Hybrid Vehicles Over Park Failure Risk

Ford Motor Company is recalling 272,645 vehicles in the United States due to a defect in the integrated park module that may prevent the vehicle from properly locking into park, potentially allowing it to roll away and increasing the risk of a crash. Affected Models and Scope The recall impacts several popular electric and hybrid models, including certain 2022-2026 Ford F-150 Lightning battery electric vehicles (BEVs), 2024-2026 Mustang Mach-E SUVs, and 2025-2026 Maverick pickups. Software-Related Failure According to the U.S. National Highway Traffic Safety Administration (NHTSA), the issue stems from a software-related failure in the park module, which fails to engage the park position even when selected by the driver. Read More: https://theboardroompk.com/mexicos-hikes-50-car-tariff-1-billion-indian-auto-exports-at-risk/ No crashes, injuries, or incidents have been reported in connection with this defect, providing some reassurance to owners amid growing scrutiny of vehicle safety recalls. Remedy and Owner Actions Ford has developed a straightforward fix: an over-the-air (OTA) software update to the park module, or a free dealer-performed update for vehicles without OTA capability. Dealers will handle the repair at no cost to owners. The recall, announced on December 19, 2025, highlights Ford’s commitment to proactive safety measures in its expanding lineup of electrified vehicles. This action underscores ongoing challenges in automotive electronics, particularly in newer EV platforms. Owners are advised to check their VIN on Ford’s recall portal or contact the company for confirmation.

Ghandhara to Assemble Chinese Luxury Buses Locally
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Ghandhara to Assemble Chinese Luxury Buses Locally

Pakistan’s automotive industry is poised for growth as Ghandhara Industries Limited announces a key alliance with China’s Zhongtong Bus Holding Co. Limited. The partnership, revealed through a filing to the Pakistan Stock Exchange on Friday, aims to roll out Zhongtong’s high-end buses in the local market. This move marks a major step in diversifying Ghandhara’s offerings, with plans to establish a dedicated assembly line alongside its current bus body production setup. Fully imported luxury models are slated for introduction in early 2026, while domestic manufacturing will kick off by mid-year, pending necessary approvals and facility upgrades. Zhongtong, established in 1958, specializes in eco-friendly and energy-efficient buses, serving international markets. Amid Pakistan’s auto sector—long led by Japanese brands like Suzuki, Honda, and Toyota—the deal intensifies rivalry from newcomers such as Hyundai, Kia, and Sazgar Engineering. Adding to the momentum, NexGen Auto, part of the Nishat Group, recently started electric vehicle output ahead of its timeline this month, signaling a shift toward innovative mobility solutions.

TDAP Invites Exporters: Join Pakistan Pavilion at Motobike Istanbul 2026
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TDAP Invites Exporters: Join Pakistan Pavilion at Motobike Istanbul 2026

Karachi: Motobike Istanbul, the region’s largest motorbike exhibition, scheduled to be held from 22–25 April 2026 at the Istanbul Expo Center, Türkiye. It is a leading platform for the motorcycle, and bicycle parts, motor bike wears and accessories, which attracting thousands of international buyers and visitors. The event provides Pakistani manufacturers an excellent opportunity to showcase their products, explore new markets, and strengthen global business linkages. In the previous edition, 300 exhibitor brands from 31 countries participated, and the fair attracted 126,094 visitors overall. The exhibition covers a wide range of product groups, including:Motorcycle Parts & Components, Bicycle Parts & Components, Motorcycle Accessories, Bicycle Accessories, Repair & Maintenance, Electronics & Systems, and Service Groups. In 2025, five Pakistani companies participated under the Pakistan Pavilion: Ghauri Tyres & Tubes, Smooth Ways International, Asaqal Sports, Maxler Sewing Corporation, and Qasim Impex. TDAP aims to support local exporters by facilitating their participation in this internationally recognized fair, helping them expand business networks and enhance Pakistan’s presence in the global motorcycle industry. After the subsidy each stand is available for only PKR. 735,000/- while direct stand cost is Last Date to apply: 10 December 2025For more details, please visit our website:https://motobike-istanbul.tr.messefrankfurt.com/istanbul/en.html For TDAP to apply online: https://tdap.gov.pk/mis/

IMC proposes maintaining 40% tariff difference in upcoming auto policy
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IMC proposes maintaining 40% tariff difference in upcoming auto policy

Karachi: Indus Motor Company proposed that the upcoming Auto Policy 2026–31 should maintain at least a 40% tariff difference between Completely Knocked Down (CKD) and Completely Built Up (CBU) vehicles to protect jobs and ensure competitiveness. This was proposed by Chief Executive IMC Ali Asghar Jamali while speaking at Pakistan Auto Show (PAPS) held at the Expo Center Karachi from November 14-16, in which IMC participated as a Diamond Sponsor. “Our participation at PAPS 2025 reflects our commitment to the ‘Make in Pakistan’ vision to produce world-class vehicles locally while supporting job creation and industrial growth. “We urge the government to maintain policies that promote local manufacturing and shield the industry from the negative impact of used car imports,” said Jamali, adding that there is a need for stable and forward-looking government policies to ensure the long-term sustainability of the local auto industry. He further emphasized that parts manufacturing in Pakistan should be nurtured, and imports of parts already produced locally should be subject to higher import duties to strengthen the local parts industry, develop Pakistani skill sets, and create sustainable employment. Jamali also called for decisive measures against the rising import of used vehicles, which threaten domestic production, Large Scale Manufacturing (LSM) growth, and employment generation. It is to be noted that currently 17 global automotive players have invested in Pakistan, establishing plants with a combined capacity of 500,000 vehicles, of which only one third is utilized. In this situation, he added, where major investments exist alongside underused capacity, the import of used cars, already 25% of the market, undermines investor confidence. “Insufficient capacity utilization also makes locally produced vehicles less competitive and more expensive for consumers,” reasoned Jamali. Over the past 35 years, he added, IMC has consistently invested in localization, human skills development, enabling high-quality vehicle production, job creation, and economic growth through its strong vendor network and technical collaborations. “The company continues to lead efforts for sustainability, innovation, and industrial advancement within Pakistan’s automotive ecosystem,” said Jamali. Jamali said that at IMC they believe in building a stronger Pakistan through localization, innovation, and continued investment in our people and industry. Through an active participation at PAPS 2025, he added, IMC reaffirmed its dedication to localization, industrial growth, and sustainable economic development, in line with the national vision of “Make in Pakistan.” At the IMC pavilion, visitors were drawn to the expended displays of the Toyota Yaris and Corolla Cross, highlighting the extensive localization achieved in these models. The exhibit reflected IMC’s enduring commitment to its “Make in Pakistan” philosophy, promoting local manufacturing, innovation, and industrial self-reliance. The event brought together original equipment manufacturers (OEMs), policymakers, government stakeholders, and the public to showcase advancements in Pakistan’s automotive industry.

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