Pakistan Automobile Manufacturing Association (PAMA) Reports Significant Growth in Car Sales Sales of cars in the first five months of 2024-25 increased by 49.66% compared to 2023. Honda Civic and City saw sales rise to 5,434 units, Toyota Corolla and Yaris saw a 79.40% increase, and Suzuki Swift saw a 57.45% increase. The sale of … Read more
Pakistan’s Car Sales in 2024-25. Sales increased by 46.73% compared to the previous year. Notable increases in sales of Honda Civic, City, Toyota Corolla, and Yaris. The sale of cars in Pakistan during the first four months of the current financial year 2024-25 increased by 46.73% compared to the same period last year, according to … Read more
Total units sold reached 10,297, a 24% YoY increase and an 18% MoM increase. The surge was primarily due to the clearance of backlog orders from Suzuki. Economic vehicles, particularly those with engine capacities of 800cc and below, continued to perform strongly, with sales totaling 3,761 units. Car sales in Pakistan experienced a notable rebound … Read more
Honda Atlas Cars profits in Pakistan plunged by 82% due to a car sales slump. Sales dropped 46% in one quarter and 59% over nine months. Import restrictions and production issues also hurt earnings. According to the notification submitted to the Pakistan Stock Exchange (PSX), Honda Atlas Cars Limited (HCAR) recorded a profit after tax … Read more
In December 2023, car sales in Pakistan recorded a huge decline of 66%. Only 5816 cars were sold in the country. December 2023 also recorded a 10% decline in car sales compared to November 2023. According to the data released by the Pakistan Auto Manufacturers Association, the first six months of the fiscal year (July … Read more
The sales reported a decline of 8 per cent to 16,984 units in December 2022. The motorbike sales also went down 6 per cent MoM and 27 per cent YoY in December. Atlas Honda (ATLH) recorded sales of 85k units, down 8 per cent MoM and 26 per cent YoY. KARACHI: The sales of locally-manufactured … Read more
KARACHI: The car sales, including the sales of Non-Pakistan Automotive Manufacturers Association (PAMA) members, clocked in at 20,000 units in November, up 35 per cent on a monthly basis. Sunny Kumar at Topline Securities attributed the increase in the sales to the availability of completely knocked down (CKD) parts which led to higher production in … Read more
KARACHI: Pakistan car sales, including the sales of non-Pama members declined 25 per cent on a month-on-month basis to clock-in at 24,000 units in January 2022. Analysts at Topline Securities said that the decline in the sales is due to the high base and pre-buying in the anticipation of price increase by the auto-assemblers. Pakistan … Read more
KARACHI: The sales of locally-assembled/manufactured cars registered a sharp increase of 87 per cent during the first two months of the current fiscal year, according to the data released by the Pakistan Automotive Manufacturers Association (Pama). The car sales increased to 46,669 units during the first two months (July–August) of the current fiscal year, which … Read more
KARACHI: The collection of motor vehicle tax has registered a 50 per cent increase in the fiscal year 2021, owing to substantial increase in sales of vehicles during the year under review. The tax collection under this head increased to Rs14.38 billion during the fiscal year 2020/21, compared with Rs9.86 billion in the preceding fiscal … Read more
