6M-CY23 Show Appalling Sales Numbers
The last year or so has seen a consistent, severe decline in the sales of new vehicles assembled locally. FY23 …
6M-CY23 Show Appalling Sales Numbers Read MorePakistan's Trusted Automobile Blog
The last year or so has seen a consistent, severe decline in the sales of new vehicles assembled locally. FY23 …
6M-CY23 Show Appalling Sales Numbers Read MoreImagine for a moment an industry where sales have decreased by 55% in a single year despite the entry of …
Despite 55% Decline in Sales, The “Big 3” Enjoy 82% Surge in Revenue Read MoreIn June 2023, there were 7.87 million cars sold globally, an 11% increase over the previous year. Global car sales …
1H-2023, China’s Car Sales Made Up 31% of Global Sales Read MoreIn the recently concluded FY23, a total of just 96,812 units of locally assembled vehicles were sold, down 59% against …
Are New Automobiles Only for the Wealthy and Resilient? Read MoreWhen the auto industry struck its lowest in FY20 due to COVID-19, who would have thought that a similar situation …
FY23 was Nothing Less Than a Nightmare for Local Auto Industry Read MoreSales of locally assembled cars plunged by 82% year-on-year in June 2023 mainly due to non-production days, higher prices of …
Car Sales Decline by 82% in June; and 59% in FY23 Read MoreSales of passenger vehicles in Pakistan declined by 80% year-on-year in May 2023 mainly due to non-production days, higher prices of cars, and a decline in purchasing power.
Vehicle Sales Fell by 80% in May 2023 Read MoreIn April, sales of cars, light-duty vehicles, jeeps, and vans decreased by more than 80% year over year (YoY) to 4,463 units due to escalating political and economic uncertainty.
April Saw an Over 80% Decline in Auto Sales Read MorePakistan’s auto sector is going through a very difficult period right now, one that is perhaps even more challenging than the first half of 2020, when assembly operations were completely halted due to the pandemic.
Even After Getting 35% Expensive, Demand for New Cars Still Exists Read MoreOverall locally assembled automobile, LCV, 4×4 and truck sales fell 47% to 109,466 units in the first 9 months (July ’22 to March ’23) of the current fiscal year, down from 205,452 units in the same period of the previous year.
Automobile Sales Fell 47% Between July and March FY23 Read More