Car Sales Continue to Decline in September
Tough times for auto sector continued as the sales of locally assembled automobiles continued to show a downward trend in September 2019.
Car Sales Continue to Decline in September Read MoreTag: Car Sales
Honda Atlas Suffering from Massive Reduction in Sales
Honda Atlas is suffering from a massive decline in sales amid industry slowdown and rising prices
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Ailing Auto Industry Shows no Signs of Recovery
Sorry period for the local automakers continue as the industry is experiencing a sharp decline in sales while automakers are suffering from reduced profits. Depreciating Rupee value against the US Dollar, increased taxes & duties by the government and constantly rising car prices have played their part in denting the car sales.
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Car Sales Dipped 41% in the Month of August
Car sales continues to suffer from enduring slowdown as it recorded a massive 41% decline in sales in August 2019. Only to 10,636 units were sold compared to 17,977 units sold in August last year.
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Auto Industry Begins the New Fiscal Year with 50% Decline in Sales
Local auto industry marks the beginning of new fiscal year 2019-20 with a 50% reduction in sales.
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Car Sales Decline: Segment-Wise Data
Based on the data released by PAMA (Pakistan Automobile Manufacturers Association) find out which vehicle segment suffered the most in terms of sales in these difficult times.
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Automobile Sales Dipped 8% in FY-2019
Automobile sector of Pakistan is experiencing tough times as it recorded a slowdown in sales which dropped 8% to 237,950 units in fiscal year 2019. The ongoing massive depreciation of Pak Rupee against the US Dollar and imposition of additional duties and taxes have pushed the prices of automobiles beyond the reach of masses.
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Winners and Losers of May 2019
Sales of automobiles in Pakistan continued to show a decline in May 2019. Passenger and Light Commercial Vehicles (LCVs) saw an 18% decline in sales with 17,891 units sold, compared to 21,813 units sold in May, a year earlier.
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Winners and Losers of April 2019
According to the data released by the Pakistan Automotive Manufacturers Association (PAMA), sales of passenger and light commercial vehicles dipped 24% to 19,437 units in April 2019 compared to 25,567 units in the same month of previous year.
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Car Production Increased in First 8 months of FY 2018-19
The production of automobiles witnessed a 1.28% increase during the first eight months of the fiscal year 2018-19 compared to the same period of last fiscal year, according to Pakistan Bureau of Statistics.
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