PAMA

After the Economic Coordination Committee (ECC) had accepted the proposal to increase the General Sales Tax (GST) from 18% to 25% on all cars above Rs. 40 lacs but with engine sizes lower than 1400cc, the local…

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…

The automotive industry in Pakistan is still seeing a huge decline in production. According to the latest report by Pakistan Automotive Manufacturers Association (PAMA), production has plummeted by 55% in the…

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…

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…

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…

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…

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…

Where soaring inflation and import restrictions inflicted by the State Bank of Pakistan have urged the car makers to announce production cuts, back-to-back price hikes have again cut down car sales in…

The situation with car prices in Pakistan has become so destructive that automakers are hiking the prices almost every month. The government has recently taken notice of the stumbling block and tried to…

After a drop in February, car sales got back on track in March. Last month, the big three automakers of Pakistan, Suzuki, Toyota, and Honda, had massive sales growth. Hyundai was the only one with lower monthly…

The government of Pakistan has finally taken notice of the increasing car prices and asked the car companies to explain the back-to-back car price hikes. The government’s sudden interest in fixing the prices…

Last month was bitter-sweet for the automotive industry. Toyota and Honda lost their car sales, whereas Suzuki and Hyundai scored big numbers. The overall car sales growth was thanks to Suzuki’s all-time…

Normally, new year is the best time to buy new cars with the latest model year. But the rising fuel and car prices have broken people’s spirits and taken the car sales down.  The Pakistan Automotive…

This year has been kind on the automotive industry due to a number of factors. Presumption of economic activities after a series of strict lockdowns, increasing value of Pakistani rupee, multiple new car…