Pakistan's Trusted Automobile Blog
The first month of new fiscal year 2022-23 for local auto industry started on a negative note, with car sales suffering from a 59% month-on-month decline.
Auto Industry Begins New Fiscal Year with 59% Decline in Sales Read More
Delays in deliveries are a bad thing, both for customers as well as the assemblers. But who cares for reputation in an uncontrolled & disregarded market like ours where government and authorities nowhere seem to exist and customers are at the mercy of assemblers to be fleeced in whatever way possible.
Delivery Delays are Nothing Less Than a Blessing for Assemblers Read More
When compared to prices from 3 years ago, June 2019 to be exact, renders a saddening situation of the economy as well as the import-dependent auto sector which is still in its infancy despite more than three decades of presence. Customers also blame that in the absence of any check & balance by the government, the impact of slightest of forex fluctuation is transferred by more than 100% on to the customers when assemblers claim to have achieved up to 70% localization.
Car Price Comparison: June 2019 vs July 2022 Read More
Remembering cars from the previous decade, a time when 1 Dollar was equal to 60 Rupees and there was a whole lot to choose from
Remembering ‘Cars from the Previous Decade’ Read More
The Picanto we have here debuted at the Geneva Motor Show in March 2011 and today its a 12 years old car by international standards. After the latest price increase, the obsolete 2nd generation Picanto in Pakistan cost PKR 31.0 lac for manual and PKR 32.0 lac for the automatic variant.
11 Years Old Kia Picanto for Rs 3.2 Million in Pakistan Read More
Defying all odds, sales of passenger cars in Pakistan leapfrogged to a historic high at 28,379 units in June 2022, soaring 24% compared to the previous month and 106% compared to the same month a year ago.
Historical Figures in June, Auto Sector Posts Record Sales in FY22 Read More
Local auto assemblers anticipate a nearly 30% drop in sales in fiscal year 2022-23 in view of uncertainty after the increase in withholding tax on filers and non-filers, imposition of 1% capital value tax on vehicles exceeding 1,300cc, strict auto financing rules to compress demand, high interest rates and more price shocks ahead.
Assemblers Anticipate a Massive Drop in Sales Read More
Woefully prolonged delivery periods is nothing new for the auto consumers of Pakistan. It has been like this ever since the local assembling of automobiles started in the country and is the root cause behind the existence of on-money/ premium culture in the market.
Woeful Delivery Periods of Local Assembled Cars in 2022 Read More
Auto parts makers and vendors have started facing production challenges due to the restrictions imposed by the State Bank of Pakistan (SBP). The industry says it has been encountering a production crisis following the curbs put in place through Circular #09 of 2022.
Payment Restrictions Hit Auto Sector’s Production Read More
Sales of locally assembled passenger cars witnessed a slight uptick of 2% in May 2022 with 22,893 units. Sales including the non PAMA members roughly make up 27,000 units last month.
Car Sales Witness a 2% Uptick in May 2022 Read More