Auto Sector of Pakistan Fears Massive Layoffs
Various industry stakeholders are warning about massive layoffs ahead as it was getting difficult to sustain the present level of the workforce.
Auto Sector of Pakistan Fears Massive Layoffs Read MoreTag: local assembled
These Cars in India are Cheaper than Alto- the Cheapest Car of Pakistan
Due to a monopolized market, Suzuki Alto is the only attractive option (price-wise) left for car buyers in Pakistan, however, on the other side of the border, the competitive Indian market has not less than 29 quality options in this price range
These Cars in India are Cheaper than Alto- the Cheapest Car of Pakistan Read More
Car Prices to Increase AGAIN as Rupee Plunged to a New Low
Car prices to further increase as PKR plunged drastically to approach an all-time low against the US dollar during the opening hours of the trading session on Thursday, the 2nd of March 2023.
Car Prices to Increase AGAIN as Rupee Plunged to a New Low Read More
These Cars in Pakistan are More Expensive Than a Bungalow
The increase in prices during the last few years has been so outrageous that most of the locally assembled cars sold in our country have already become more expensive than residential property.
These Cars in Pakistan are More Expensive Than a Bungalow Read More
Cars in Pakistan Became More Expensive Compared to Rupee Depreciation
The local auto sector raised the prices of vehicles by 149% during the period between 2018 and 2023, according to Pakistan Business Forum (PBF) report.
Cars in Pakistan Became More Expensive Compared to Rupee Depreciation Read More
Depressing Times for Auto Sector Continues as Sales Plunge 43%
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
Pak Suzuki Experiencing “Change is Good”
Pak Suzuki, notorious for selling obsolete cars in Pakistan experienced massive success by introducing newer models such as the Alto 660cc and the new Swift.
Pak Suzuki Experiencing “Change is Good” Read More
Automobile Demand Next to Nil
According to Mashhood Khan, the former chairman of the Pakistan Auto Parts Manufacturers Association, due to the temporary closure of plants by the automakers, the demand has almost reduced to nil.
Automobile Demand Next to Nil Read More
Alto and Corolla Emerged as Bestselling Cars of 2022 in Pakistan
Suzuki Alto and Toyota Corolla emerged as the bestselling cars of Pakistan in year 2022
Alto and Corolla Emerged as Bestselling Cars of 2022 in Pakistan Read More
Average Price Increase by Local Assemblers in 2022
Like the preceding years, 2022 also saw local assemblers giving a massive push to the prices of their products citing depreciating currency value, and rising shipping & raw material costs as the prime reason behind the hikes. But the increase made between January and December 2022 is more shocking than you might imagine.
Average Price Increase by Local Assemblers in 2022 Read More