ISLAMABAD: According to recent data released by the Pakistan Automobile Manufacturing Association (PAMA), car sales in Pakistan increased by 40.99 percent during the first nine months of the current fiscal year 2024-25 compared to the same period last year. The data shows that 76,265 cars were sold during the reviewed months, compared to 54,091 units … Read more
Indus Motor Company (IMC) Limited will halt production from July 15 to July 22. The decision is driven by low vehicle inventory and parts shortages. Pakistan’s auto sector faces difficulties amid sluggish economic growth. The Indus Motor Company (IMC) Limited, known for assembling and selling Toyota vehicles in Pakistan, has announced a temporary shutdown of … Read more
Pakistan’s auto sector is facing headwinds, amid fears that high interest rates and the State Bank of Pakistan’s (SBP) stringent regulations on car financing may limit sales growth in 2022. As a result, the sector’s market capitalisation fell 16 per cent in the last four months (car sector down 18 per cent and trucks 28 … Read more
