Winners and Losers of September 2020
Find out the Winners & Losers in terms of sales among local assembled cars during the month of September 2020
Read MoreTag: Car Sales
Car Sales Increased by 18% in September
Car sales in Pakistan continued to recover after the COVID-19 disaster as sales of local assembled vehicles saw an improvement of 19% with 13,882 units sold in September.
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Winners and Losers of August 2020
Find out the Winners & Losers in terms of sales among local assembled cars during the month of August 2020
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Automobile Sales Started to Recover in August
Local auto assemblers can take a sigh of relief as the month of August finally witnessed some recovery in terms of sales of domestically assembled vehicles.
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Sales Performance: FY2018-19 vs FY2019-20
Fiscal Year 2019-20 was nothing less than a nightmare for local auto industry as sales of locally assembled vehicles saw a deplorable 53% decline compared to figures from preceding year.
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Pak Suzuki Suffering from 50% Decline in Sales
Pak Suzuki had sold 130,002 cars in FY2018-19 whereas it sold only 65,815 cars in FY2019-20 registering a -49.3% decline which means the sales are literally cut into half.
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Winners and Losers of July 2020
Find out the Winners & Losers in terms of sales among local assembled cars during the month of July 2020
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Car Sales Show Slight Recovery in July 2020
Car sales started to show recovery after the COVID-19 lockdowns were eased as 10,123 units of passenger cars were sold in July 2020 showing a 20% improvement over 8,446 units sold in June 2020.
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FY2019-20: A Nightmare for Car Sales
Fiscal Year 2019-20 was like a nightmare for local auto industry with car sales witnessing a deplorable 53% decline compared to sales from preceding year.
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Sales Tax Holidays in Malaysia- Can Pakistan Follow Footsteps?
Malaysia has fully waived the sales tax for locally-assembled vehicles and 50% reduction for fully-imported cars to help the local automotive sector recover from the COVID-19 impact.
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