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Car sales plunge by 70 percent on coronavirus lockdown

April 10, 2020February 17, 2021Mrs. Anjum Shahnawaz

KARACHI: The sales of locally assembled cars have plunged by 70 percent year on year (YoY) in March 2020. According to analysts at Topline Securities, the car sales (as reported by Pakistan Automobile Manufacturers Association) have plunged by 70 percent YoY and 43 percent MoM in March 2020 amidst the lockdown in the country due […]

Car sales plunge by 42pc in July 2019

August 19, 2019March 24, 2021Mrs. Anjum Shahnawaz

KARACHI: Car sales have witnessed a sharp decline of 42 percent in July 2019 owing to massive depreciation in local currency and tax measures taken in the budget 2019/2020, analysts said on Monday. According to statistics released by Pakistan Automobile Manufacturers Association (PAMA), the car sales were 12,482 units in July 2019 as compared with […]

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Car sales plunge by 70 percent on coronavirus lockdown

Car sales plunge by 42pc in July 2019

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