Pakistan's Trusted Automobile Blog
Sales 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 More
In 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 More
Pakistan’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 More
Overall 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
The horror period for the local auto sector continues as car sales plunged to a deplorable 73% low in February 2023 compared to sales from the same month of the previous year, according to the data released by the Pakistan Automobile Manufacturers Association (PAMA).
Car Sales Dropped by 73% YoY in February 2023 Read More
After facing a 43% decline in sales, auto industry sector stakeholders believe that the next 6 months appear more challenging than the previous 7 months of the current fiscal year.
Dismal Future of the Auto Sector of Pakistan Read More
The depressing performance of the auto sector continues as the sales of locally assembled cars plunged by 43% followed by a 42% decline in trucks, 19% in 4×4 and pickups, 52.6% in tractors, and 32.5% in two- and three-wheelers during the first 7 months of the current fiscal year.
Depressing Times for Auto Sector Continues as Sales Plunge 43% Read More
The local auto sector has witnessed a sharp decline in sales during the first half of the fiscal year 2022-23. With a 40% drop, total car sales stood at 68,900 units in July-December 2022 period compared to 114,774 units in the same period of the previous year.
Auto Sales Cut to Half in 1H-FY23 Read More
Sales of locally assembled vehicles witnessed a slight recovery in the month of November on back of the availability of completely knocked down (CKD) parts, which led to a relatively higher production of vehicles.
Car Sales Witnesses Slight Recovery in November Read More
Pakistan’s economy is going through a turbulent period casting a hugely negative impact on my sectors including the automobiles. Local assemblers were already anticipating an up to 30% decline in sales during this fiscal year but analysts believe the forthcoming situation is going to be even worse.
2023- Dark Clouds will Remain Looming on the Auto Sector Read More