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 MoreTag: local assembled
100% Booking Amount will End On-Money Culture- Says IMC Chief
According to the CEO of Indus Motor Company (IMC) Ali Asghar Jamali, if car companies are allowed to charge full payment at the time of booking it would make the industry unattractive for investors.
100% Booking Amount will End On-Money Culture- Says IMC Chief Read More
PAMA Concerned About New Import Mechanism Introduced by SBP
Local auto assemblers have expressed serious concerns over a new mechanism introduced by the State Bank of Pakistan (SBP) for import of goods and termed it a huge risk for the auto industry
PAMA Concerned About New Import Mechanism Introduced by SBP Read More
Demand of Small Cars to Increase as Fuel Prices Reach Record High
The massive increase in fuel prices will also impact the buying trends of masses into opting for new automobiles.
Demand of Small Cars to Increase as Fuel Prices Reach Record High Read More
Can’t Even Avail Auto Financing, Who’s Buying All These Cars?
Most people can’t even afford to buy new cars even through bank financing. The estimated monthly installments were already mind boggling, however it looks as if even most of the white collar people are finding it hard to avail the financing.
Can’t Even Avail Auto Financing, Who’s Buying All These Cars? Read More
Assemblers Anticipates up to 30% Decline in Car Sales
Local auto industry representatives already anticipates up to 30% decline in sales in coming months with no recovery in sight considering the ongoing economic & political situation of the country.
Assemblers Anticipates up to 30% Decline in Car Sales Read More
Is Honda Winning Back its Lost Market Share Against Toyota?
Is Honda winning back its lost market share against Toyota in Pakistan?
Is Honda Winning Back its Lost Market Share Against Toyota? Read More
Why Honda BR-V Not Picking Up Sales?
Compared to data from FY2017-18, the sales of Honda BR-V have been reduced from 723 units a month to hardly 330 units per month rendering a 54% decline in sales
Why Honda BR-V Not Picking Up Sales? Read More
Government Considering to Reduce Taxes to Alleviate Price Hikes
To alleviate the price hikes, the Ministry of Industries and Production (MoIP) has proposed tax reductions to be implemented in the upcoming financial budget for FY22-23.
Government Considering to Reduce Taxes to Alleviate Price Hikes Read More
Car Sales Declined by 18% in April 2022
After 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 More