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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Winners and Losers of June 2020
Find out the Winners & Losers in terms of sales among local assembled cars during June 2020
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Car Sales Declined 53% in FY2019-20
Sales of locally assembled passenger cars witnessed a 53% decline in sales during FY2019-20
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Car Sales Declined by 75% in May Amid COVID-19 Lockdowns
Car sales in Pakistan suffered from 75% decline in May 2020 on year-on-year basis amid COVID-19 lockdowns that were enforced in the country to contain the spread of deadly virus.
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No Demand for Cars Despite Ease in Lockdowns
The opening of authorized car showrooms from Monday after easing of COVID-19 lockdowns has not generated any fresh booking of locally-assembled cars
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Zero Sales Recorded in April 2020 Due to COVID-19 Lockdowns
Car sales which were already suffering from a 47% decline prior to coronavirus pandemic, witnessed worst-ever month with zero sales recorded in in April 2020 due to lockdowns
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