KARACHI: Pakistan car sales have surged by 54 per cent in fiscal year 2021/2022, according to data released on Friday. The car sales – as reported by Pakistan Auto Manufacturers Association (PAMA) on Friday – increased to 279,267 units in the fiscal year 2021/2022 as compared with 181,397 units in the preceding year. READ MORE: […]

KARACHI: Pakistan’s car sales have registered a massive growth of 61 per cent during first seven months (July – January) 2021/2022 owing to macro-economic recovery. The total car sales reported by Pakistan Automotive Manufacturers Association (PAMA), increased to 156,586 units during the first seven months of the current fiscal year as compared with 97,469 units […]

KARACHI: Pakistan’s car sales have declined 11 per cent Month on Month (MoM) to 18,714 units in November 2021, according to data released by Pakistan Automotive Manufacturers Association (PAMA). The fall in car sales has been attributed to rising financing cost after monetary policy tightening by the State Bank of Pakistan (SBP). The SBP on […]

KARACHI: Pakistan car sales have come down 6 per cent Month on Month (MoM) in October 2021, reaching 21,000 units, as reported by Pakistan Automotive Manufacturers Association (PAMA) on Thursday. Pakistan car sales (including KIA) clocked in at 24,000 units in October 2021, down 4 per cent MoM. Analysts at Topline Securities said that Pak […]

KARACHI: The sales of locally assembled / manufactured cars witnessed a growth of 58 per cent in September 2021 due to lower tax rates and rise in auto financing. According to data released by Pakistan Auto Manufacturers Association (PAMA), the automobile industry saw an increase of 58 per cent in vehicle sales to 22,079 units […]