Car Sales Declined 53% in FY2019-20
Sales of locally assembled passenger cars witnessed a 53% decline in sales during FY2019-20
Car Sales Declined 53% in FY2019-20 Read MoreTag: Car Sales
Car Sales Declined by 75% in May Amid COVID-19 Lockdowns
Car sales in Pakistan suffered from 75% decline in May 2020 on year-on-year basis amid COVID-19 lockdowns that were enforced in the country to contain the spread of deadly virus.
Car Sales Declined by 75% in May Amid COVID-19 Lockdowns Read More
No Demand for Cars Despite Ease in Lockdowns
The opening of authorized car showrooms from Monday after easing of COVID-19 lockdowns has not generated any fresh booking of locally-assembled cars
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Zero Sales Recorded in April 2020 Due to COVID-19 Lockdowns
Car sales which were already suffering from a 47% decline prior to coronavirus pandemic, witnessed worst-ever month with zero sales recorded in in April 2020 due to lockdowns
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Tax Collection from Car Registrations Declined by 40%
Tax collection from new cars’ registration saw a sharp 40% decline in the first nine months of the current fiscal year 2019/20 as auto sector was badly hit by slowdown in economic activities.
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Winners and Losers of March 2020
According to the data released by PAMA, sales of all car models declined in March 2020, however only he Isuzu D-Max saw a healthy improvement in numbers.
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Car Sales Declined by 47% in First 9 Months of FY19-20
Local auto industry just got another jolt in form of coronavirus lockdowns as the sales of already troubled carmakers fell by another 47% in the first 9 months of this fiscal year.
Car Sales Declined by 47% in First 9 Months of FY19-20 Read More
Are Tables Turning for Pak Suzuki?
Pak Suzuki having suffered from a net loss of nearly Rs 3 billion for the year ended December 2019 may not see good times in forthcoming period amid COVID-19 shutdowns.
Are Tables Turning for Pak Suzuki? Read More
COVID-19 Poses Greater Threat to Local Auto Sector
Local automobile industry which was already experiencing major troubles ever since the beginning of current fiscal year has received an additional blow in the form of coronavirus (COVID-19) outbreak and is now on the brink of a collapse
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Winners and Losers of February 2020
According to the data released by PAMA, while some car models showed improvement in February 2020, there were some which saw a reduction in sales.
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