Pakistan’s domestic car sales reach three-year low in April 2023
High interest rates and soaring automotive prices contribute to a significant decline in demand
High interest rates and soaring automotive prices contribute to a significant decline in demand
Pakistan car sales have climbed up by 54 per cent in March 2023 over previous month of February 2023, said analysts.
KARACHI: Pakistan motor car sales nosedived by 73 per cent in February 2023, according to data released on Monday.
Volume of car sales in Pakistan for February 2023 may drop to 4.4 units, down by 53 per cent month on month (MoM), hitting 14-year low, said analysts at JS Global on Thursday.
Pakistan car sales plunge by 47 per cent year on year (YoY) in January 2023 due to high prices and expensive auto financing, analysts said on Monday.
KARACHI: Pakistan car sales have dropped by 38 per cent during first half of the current fiscal year 2022-2023 due to non-production days due to shortage of raw material because of import restrictions.
KARACHI: Pakistan’s domestic car sales have recorded a drop of 39 per cent in the first five months (July – November) of fiscal year 2022-2023. According to latest date released by Pakistan Auto Manufacturers Association (PAMA), the sales of passenger cars fell to 55,144 units in the first five months of the current fiscal year […]
KARACHI: Sales of domestically manufactured cars in Pakistan have increased by 21 per cent Month on Month (MoM) in October 2022. Pakistan Automotive Manufacturing Association (PAMA) has released the sales and production data for the month of October 2022, where car sales witnessed an increase of 21 per cent MoM in October 2022 to clocked […]
KARACHI: Pakistan’s car sales plunged by 50 per cent to 34,472 units during the first quarter (July – September) of 2022-2023, according to data released by Pakistan Auto Manufacturers Association (PAMA). The locally manufacturing of cars recorded 68,897 units in the same quarter of the last fiscal year. READ MORE: Pakistan car sales plummet by […]
KARACHI: Pakistan car sales have plummeted by 50 per cent during first two months (July – August) 2022 owing to condition imposed for import of Completely Knocked Down (CKD) units. According to statistics released on Tuesday, the sales of major players fell to 23,498 units during first two months of the currency fiscal year as […]