Car Sales

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 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…

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…

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…

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…

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…

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…

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 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…

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…

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…

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…

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…

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…

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…