Auto Sector Expects Rollercoaster Fiscal Year 2022-23 Ahead
The upcoming fiscal year 2022-23 is also expected to give the local auto industry some severe ups & downs.
Auto Sector Expects Rollercoaster Fiscal Year 2022-23 Ahead Read MorePakistan's Trusted Automobile Blog
The upcoming fiscal year 2022-23 is also expected to give the local auto industry some severe ups & downs.
Auto Sector Expects Rollercoaster Fiscal Year 2022-23 Ahead Read MoreAfter witnessing the second-highest monthly sales ever, at 27,131 units in March 2022, sales of local assembled vehicles declined by 18% in April with 22,370 units according to the data released by PAMA (Pakistan Automobile Manufacturers Association).
Car Sales Declined by 18% in April 2022 Read MoreBuying a brand new car in Pakistan is no longer anyone’s piece of cake
Buying a New Car isn’t Anyone’s Piece of Cake Read MoreSales of local assembled passenger cars witnessed a 5% surge on month-on-month basis to 21,664 units in February 2022 according to the data released by Pakistan Automobile Manufacturers Association (PAMA).
Car Sales Witness 5% Surge in February 2022 Read MoreThe recent practice of combining sales numbers of two different vehicle in order to camouflage dwindling sales of one, defies the very purpose of sharing the sales stats
Combined Figures Trend Defies the Purpose of Sharing Sales Stats Read MoreSales of local assembled automobiles declined by 25% on month-on-month basis in January 20222. According to analysts, a further decline is expected as higher fuel prices, interest rates, tougher bank financing and rising vehicle costs have made consumers reluctant in buying new cars.
Car Sales Declined by 25% in January 2022 Read MoreTotal new car sales rose for the first time in three years in 2021 in the ASEAN– Association of Southeast Asian Nations’ 6 major economies, thanks to a sharp increase in unit sales in Indonesia and the easing of COVID-19 movement restrictions in the second half of the year.
ASEAN New Car Sales Rise for the First Time in 3 Years Read MoreFor local auto industry, 2021 was nothing less than a blessing as more than 270,000 cars were sold between January and December 2021.
Over 270,000 Passenger Cars Sold in CY2021 Read MoreThe sales numbers in PAMA data are actually ‘bookings’, when an automaker receives payment of a car, its considered as sold.
Cars Sales: Booked vs Delivered Read MoreCar bookings in December 2021 recorded a staggering growth of 97% to 27,331 units compared to 13,870 units sold in December a year earlier.
Key Takes from Soaring Car Sales in December 2021 Read More