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Browsing Tag
Car Sales
Car sales in Pakistan and the downtrend have been moving parallel for a long. The old players, aka ‘BIG 3’, are also facing bad fate. However, Honda Atlas surpassed its Japanese peers in terms of sales last…
PAMA – Car Sales Decreased by 8% Last Month
After a brief uptick for a month or two, there has been another downturn in car sales. According to the latest report from the Pakistan Automotive Manufacturers Association (PAMA), there was a significant 8%…
Car Sales Increased by 81% Last Month
After a series of downtrends and consecutive nosedives, car sales in Pakistan are off to a promising beginning this year. As per PAMA (Pakistan Automotive Manufacturers Association), month-on-month (MoM) report…
Car Sales Slash by 66% Last Month
After the months-long crisis, uncertainty still pervades the country’s auto industry. The car sector in Pakistan stands at a critical juncture. And it is clear that economic stability will still be a long time…
Car Sales Fall By More Than 68% in FY 2024
November 2023 witnessed a dramatic 68% plummet in passenger car sales, sending shockwaves through Pakistan's automotive landscape. The Pakistan Automotive Manufacturers Association (PAMA) data paints a grim…
Car Sales Slashed By 26% Last Month
Car sales experienced a substantial 26% decline last month, marking over a year of turmoil in the automotive industry. The root causes can be traced back to disruptions in the supply chain, resulting in…
Car Sales Plunge by Almost 50% in FY 2023-2024
As a stark reflection of Pakistan's economic struggles, the auto industry shows visible signs of grappling with a severe downturn. Car sales have plummeted by a staggering 43.9% as compared to the previous…
PAMA – Car Sales Plunges by 16% (MoM)
Pakistan automotive industry, like any other, is also bearing the brunt of prevailing economic shocks. The alarming dip comes as a result of a perfect storm brewing within the industry, fueled by production…
Despite Sales Slump, Big 3’s Revenue Skyrocketed by 82%
In the midst of a steep 55% drop in car sales, a surprising revelation has emerged – the revenues of key automakers have taken an unexpected upward turn. Recent research by Business Recorder has shed light on…
PAMA – Car Sales Decreased By 59% Last Month
It’s been more than a year, car industry is in shambles, thanks to the country’s shattering economic charts. Dwindling production in the face of back-to-back production shutdowns, severe downtrend in car sales…
Car Sales Plummet by More Than 50% in Fiscal Year ’22-’23
Plunging Car Sales Figures
The already troubled auto industry in Pakistan is facing further challenges due to the ongoing economic downturn, which has resulted in automakers reducing production to cope with…
PAMA – Car Sales Increased by 19% Last Month
After a decrease of 85% in April, car sales performed slightly better last month. As per Pakistan Automotive Manufacturers Association (PAMA) car sales observed a month-on-month (MoM) jump of 19% selling 5,290…
Thousands Laid Off in Auto Industry as Sales Down by 70%
The automotive industry in Pakistan has laid off thousands of workers in the last few months as production and sales of vehicles declined by almost 70%. A report by English news daily revealed that the industry…
Auto Financing Plunged for 10th Consecutive Month
Production shutdown and months-long major downtrend in sales charts are not the only setbacks for Pakistan’s auto industry; incessant decline in the Auto financing sector is another challenge. As per the…
Auto Apocalypse: Pakistan’s Car Sales Plunge 50% in July-Apr ’23
The already troubled auto industry in Pakistan is still suffering as a result of the economic downturn, which has forced automakers to reduce production owing to low inventories. Only 88,620 units were sold in…
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