Pakistan's Trusted Automobile Blog
In a joint letter, the Pakistan Automotive Manufacturers Association (PAMA) and Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) informed State Bank of Pakistan Governor Jameel Ahmed that the industry was facing extinction as all supply lines of imported parts and accessories and tooling are completely chocked due to SBP’s restrictions and lack of cooperation from banks.
Auto Industry Wants Import Curbs to End Read More
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
The local auto sector has witnessed a sharp decline in sales during the first half of the fiscal year 2022-23. With a 40% drop, total car sales stood at 68,900 units in July-December 2022 period compared to 114,774 units in the same period of the previous year.
Auto Sales Cut to Half in 1H-FY23 Read More
The year 2022 is about to end and will be remembered as yet another year of price hikes, the 5th now in a row. The nightmare began almost 5 years ago when Rupee started to lose out on its value against US Dollar, from around Rs 110 per $1 to being traded at Rs 255/260 today.
December 2017 vs December 2022- The Nightmare Continues Read More
Sales of locally assembled vehicles witnessed a slight recovery in the month of November on back of the availability of completely knocked down (CKD) parts, which led to a relatively higher production of vehicles.
Car Sales Witnesses Slight Recovery in November Read More
Pakistan’s economy is going through a turbulent period casting a hugely negative impact on my sectors including the automobiles. Local assemblers were already anticipating an up to 30% decline in sales during this fiscal year but analysts believe the forthcoming situation is going to be even worse.
2023- Dark Clouds will Remain Looming on the Auto Sector Read More
Sales of new local assembled passenger cars in Pakistan declined by 36% YoY in October 2022 at 11,129 units down from 17,413 units sold in October 2021.
Car Sales Reduced by 36% YoY in October- Cut to Half in 4M-FY23 Read More
Sales of locally assembled cars including those reported by companies that aren’t members of the Pakistan Automotive Manufacturers Association (PAMA), dropped by 51% on a year-on-year basis amid escalating prices, expensive auto financing, and low purchasing power of consumers.
Sales of Local Assembled Cars Crash Amid Escalating Prices Read More
It is expected that the output figures of locally assembled automobiles are going to remain significantly lower in future and assemblers will continue to observe non-production days till the import restrictions are lifted. How the industry is going to survive in these tough times with the absence of Plan B, is something we will have to watch out for.
Road Isn’t Going to be Easy for Local Assemblers Read More
Car buying options for the masses during the Musharraf regime without a definite auto policy were much more diverse compared to the current era.
Has Pakistan’s Auto Policy Benefited the Masses? Read More