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Tag: PAMA

car manufacturing

Pakistan car sales climb up by 50% in 11 months

June 13, 2022June 13, 2022Hamza Shahnawaz

KARACHI: The sales of locally assembled cars in Pakistan have surged by 50 per cent during 11 months (July – May) of 2021/2022 as compared with the same period of the last fiscal year, according to data released on Monday. The car sales climbed up to 250,888 units in first 11 months of the current […]

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car manufacturing

Car sales surge by 53% in nine months despite rupee fall

April 12, 2022April 12, 2022Faisal Shahnawaz

KARACHI: Sales of locally manufactured / assembled motor cars have registered 53 per cent growth during first nine months (July – March) 2021/2022 of the current fiscal year despite massive depreciation in rupee value. According to data released by Pakistan Auto Manufacturers Association (PAMA), the sales of locally assembled cars increased to 205,469 units during […]

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car manufacturing

Pakistan’s car sales surge 56% in eight months of FY22

March 10, 2022March 10, 2022Hamza Shahnawaz

KARACHI: Pakistan’s car sales recorded a surge of 56 per cent during first eight months (July – February) 2021/2022, according to data released by Pakistan Auto Manufacturers Association (PAMA). The data revealed that 178,250 cars were sold during the first eight months of the current fiscal year as compared with 113,905 units in the corresponding […]

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car manufacturing

Pakistan’s car sales surge 61% in 7MFY22

February 11, 2022February 11, 2022Faisal Shahnawaz

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 […]

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car manufacturing

Pakistan’s car sales up monthly highest ahead price hike

January 11, 2022January 11, 2022Hamza Shahnawaz

KARACHI: Pakistan’s car sales have increased by 96 per cent to 27,331 units in December 2021, which is the highest ever sale in a month, ahead of hike in prices proposed through mini-budget. According to data released by Pakistan Auto Manufacturers Association (PAMA) on Tuesday, the total car sales grew to 27,331 units during December […]

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car manufacturing

Pakistan’s car sales fall 11% on rising financing cost

December 13, 2021December 13, 2021Faisal Shahnawaz

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 […]

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car manufacturing

Pakistan’s car sales declines by 6% in October

November 11, 2021November 11, 2021Faisal Shahnawaz

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 […]

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car manufacturing

Car sales surge by 58% in September 2021

October 12, 2021July 6, 2024Faisal Shahnawaz

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.

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car manufacturing

Car sales sharply increase by 114% on tax cuts

August 11, 2021August 11, 2021Mrs. Anjum Shahnawaz

KARACHI: The car sales posted a sharp rise of 114 per cent in July 2021 owing to tax cuts announced in the Finance Act, 2021. The car sales increased to 24,918 units in July 2021 as compared with 11,659 units in the same month of the last year. Analysts at Topline Securities said that the […]

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car manufacturing

Car sales climb up by 54pc in 10 months

May 17, 2021May 17, 2021Mrs. Anjum Shahnawaz

KARACHI: Sales of domestic assembled cars have increased by 54 percent during first 10 months of the current fiscal year due to smooth production despite coronavirus threats. According to statistics released by Pakistan Automobile Manufacturers Association (PAMA), 151,178 units were sold during July – April 2020/2021 as compared with 97,900 units sold in the same […]

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