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Browsing Tag
Car Sales
It’s been months since car sales (MoM) in Pakistan started performing well. Prices are high but seem stable. Overall, the market seems to be on the path to recovery, as evidenced by encouraging sales trends.…
PAMA – Car Sales Increased by 4% Last Month
Every month, we bring a detailed monthly PAMA report pertaining to the car sales translating the sales trend that local market has observed last month. For a series of months, the local car makers observed the…
Honda Car Sales Jumped by Almost 400% (YoY)
In the mid of this month, the Pakistan Automotive Manufacturers Association (PAMA) report arrived and disclosed all the details highlighting what the local car makers earned last month in terms of sales. After…
Toyota Fortuner & Hilux Sales See Remarkable 117% Growth
Every month, PAMA's (Pakistan Automotive Manufacturers Association) sales report comes with surprising numbers. One month might reveal disappointing sales figures, while the next month offers a glimmer of hope.…
PAMA – Car Sales Increased by Massive 135%
Each month, we issue a report detailing the sales performance of all car manufacturers within PAMA. For several months, the automotive industry has been facing a persistent decline in sales. But this time, the…
Chinese Cars Captured 33% of Global Sales in March’24
In March 2024, Chinese car sales reached new heights, comprising a massive 33% of the total 8.15 million vehicles sold worldwide for that month, as reported by Cui Dongshu, Secretary-General of the China…
Honda Atlas Outperforms Competitors in Sales Last Month
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…
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