Karachi, December 11, 2020: Car sales, as reported by PAMA, increased by 48 percent YoY in Nov-2020 to 14,454 units. The same, including Lucky Motor Corporation (KIA, non-member of PAMA), is up by 63 percent YoY. Indus Motor (INDU), Honda Car (HCAR) and Pak Suzuki Motor Company (PSMC) registered sales increases of 87 percent YoY,…
Karachi, January 14, 2020: Overall Pakistan car sales jumped by 23 percent MoM to 12.1k units in Dec-2019, however, the rise was largely led by 49 percent MoM increase in sales of Pak Suzuki Motor Company (PSMC). The other two major manufacturers, Indus Motor (INDU) and Honda Car (HCAR) sales dropped by 12 percent MoM…
Karachi, August 19, 2019: Pakistan auto sales have witnessed the significant decline of 29 percent YoY for July -19 which is mainly attributable to, continuous trend of hike in auto prices in the range of (9-40 percent) in last 12 months and FED implied in the budget for FY20 & increase in fuel cost. The…