Automobile Sector Posts 84% Profit in 2QFY25
The automobile sector delivered outstanding financial results in 2QFY25, with profitability surging by an impressive 84% year-on-year (YoY) to PKR 15 billion.
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The automobile sector delivered outstanding financial results in 2QFY25, with profitability surging by an impressive 84% year-on-year (YoY) to PKR 15 billion.
Continue ReadingKarachi, February 11, 2025 – Pakistan’s car sales witnessed an impressive surge of 73% on a Month-on-Month (MoM) basis in January 2025, driven largely by the New Year effect, which traditionally sees a spike in automobile purchases.
Continue ReadingKarachi, January 14, 2025 – Pakistan has recorded a remarkable 54% increase in car sales during the first half (July – December) of the fiscal year 2024-25.
Continue ReadingKarachi, December 10, 2024 – Pakistan’s car sales surged by an impressive 50% year-on-year (YoY) in the first five months (July-November) of fiscal year 2024-25, according to data released by the Pakistan Automotive Manufacturing Association (PAMA) on Tuesday. Total sales reached 50,516 units during this period, up from 33,638 units in the same period last […]
Continue ReadingKarachi, November 11, 2024 – The Pakistan car market has witnessed an exceptional surge in sales, with a record-breaking 112% Year-on-Year (YoY) growth in October 2024, as revealed by the Pakistan Auto Manufacturers Association (PAMA) on Monday. The October sales totalled 13,108 units, marking a 27% increase compared to September 2024, signaling a robust recovery […]
Continue ReadingKarachi, October 10, 2024 – Pakistan’s automobile industry recorded a significant rise in car sales during September 2024, with total sales reaching 10,297 units. This marks a 24% year-on-year (YoY) increase and an 18% month-on-month (MoM) rise, according to the latest data from the Pakistan Auto Manufacturers Association (PAMA). The surge in car sales is […]
Continue ReadingKarachi, September 11, 2024 – Pakistan automotive industry has shown promising signs of recovery with a 15% year-on-year (YoY) increase in car sales during August 2024.
Continue ReadingKarachi, August 12, 2024 – Pakistan’s automobile industry has faced a severe downturn, with car sales plummeting by 35% month-on-month (MoM) in July 2024. The figures dropped sharply from 13,284 units in June 2024 to just 8,589 units in July.
Continue ReadingKarachi, July 10, 2024 – Pakistan’s automotive sector has witnessed a notable decline in car sales, reporting an 18% drop for the fiscal year 2023-24, according to data released by the Pakistan Automotive Assemblers Association (PAMA) on Wednesday.
Continue ReadingPkRevenue.com – Pakistan automotive sector has witnessed a significant surge as car sales reached a 17-month high in May 2024, according to analysts at Topline Securities.
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