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Browsing Tag
Car Sales
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…
PAMA Report: Car Sales Decreased by 85% in April’23
The economic decline continues hurting Pakistan’s already dwindling auto industry. Car makers left with no choice but to announce production cuts in the face of zero inventory. However, the whole episode…
Car Sales Improved by 54 % Last Month
Despite dwindling sales and back-to-back production cuts, car sales in Pakistan have recorded a little jump last month – a surprising twist. BIG 3 in the country are still observing non-production days. Even…
Car Financing Down for 8th Consecutive Month
Following car production and sales, the auto finance sector in the country is facing the same fate – dropped for the 8th consecutive month. As per the data unveiled by the State Bank of Pakistan (SBP), car…
250,000-300,000 People Lost Jobs in Pakistan’s Car Industry
Due to inflation and dismal economic conditions in the country, the sales of cars, SUVs, pickups, and jeeps in the 7 months of Fiscal Year 2023 have dropped by 40 percent to 94,296 units. According to…
PAMA Report: Car Sales Drop by 8% last Month
The continuous production cuts and an incessant downtrend in demand has accelerated the slump in sales. Highlighting the month-on-month (MoM) sales charts, country’s half-beating economic pulse reflects a major…
Car Sales Increased By 36% In November – Report
After observing a sharp downturn, things looks back on track – local car assemblers are witnessing a slight jump in sales charts. Pakistan Automotive Manufacturers Association (PAMA) shared a monthly report…
PAMA Report: Car Sales Inched Up by 21% In Oct
When automobile industry in Pakistan is shrinking in the face of prevailing uneven economic fuss and import curbs inflicted by State Bank of Pakistan, Pakistan Automotive Manufacturers Association (PAMA) report…
PAMA Report – 22,893 Cars Sold in May
Cars are becoming more and more expensive in Pakistan but the demand is still there. Car sales are coming strong despite the sky high prices. After an 18% decline in April, the sales figures are back on track…
Sales Newsflash! New Swift Is A Big Hit
It’s been two months since Pak Suzuki launched the new Suzuki Swift as a “premium hatchback.” The new 4th generation model replaced the decade old 3rd generation model and earned its place in the market. As per…
Car Sales Down by 18% in April
The Pakistani auto market has been unstable since the beginning of this year. One month the car sales move up and then nosedive in the next. After a 25% growth in March, car sales have declined by 18% in April…
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