Are New Automobiles Only for the Wealthy and Resilient?
In the recently concluded FY23, a total of just 96,812 units of locally assembled vehicles were sold, down 59% against …
Are New Automobiles Only for the Wealthy and Resilient? Read MoreTag: PAMA
FY23 was Nothing Less Than a Nightmare for Local Auto Industry
When the auto industry struck its lowest in FY20 due to COVID-19, who would have thought that a similar situation …
FY23 was Nothing Less Than a Nightmare for Local Auto Industry Read More
Car Sales Decline by 82% in June; and 59% in FY23
Sales of locally assembled cars plunged by 82% year-on-year in June 2023 mainly due to non-production days, higher prices of …
Car Sales Decline by 82% in June; and 59% in FY23 Read More
Auto Industry Unable to Achieve Annual Output Goals
The car industry’s quest to hit the benchmark of 500,000 units produced annually appears to be eroding in an upsetting turn of events as current conditions provide significant barriers
Auto Industry Unable to Achieve Annual Output Goals Read More
Vehicle Sales Fell by 80% in May 2023
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
Thousands are Laid Off by Auto Industry as Sales Reach a Record Low
In recent months, Pakistan’s automotive industry has laid off thousands of workers as sales of automobiles and replacement parts have dropped massively due to a government prohibition on raw material imports, a significant depreciation of the currency, and surging inflation.
Thousands are Laid Off by Auto Industry as Sales Reach a Record Low Read More April Saw an Over 80% Decline in Auto Sales
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.
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Even After Getting 35% Expensive, Demand for New Cars Still Exists
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
Automobile Sales Fell 47% Between July and March FY23
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
Suzuki Baleno was More Successful Than the Liana
Not many know that Suzuki Baleno was the most technically advanced locally assembled vehicle of its time in our market. Not just this, it remained so throughout its 8-year production period in the country.
Suzuki Baleno was More Successful Than the Liana Read More