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Car Sales Plunge By 66% in December Due to Inflation, Unaffordable Auto Financing

Car Sales Plunge By 66% in December Due to Inflation, Unaffordable Auto Financing
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Pakistan , Pak-suzuki , Honda-atlas-cars-pakistan-limited , Hyundai , Pakistan-automotive-manufacturers-association , Atlas-cars ,

December: high prices, inflation drag auto sales down 66% in Pakistan - Business & Finance

Car companies saw their sales decline significantly – 66% down in December 2023 when compared to sales in December...

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Pakistan car sales crash! 56pc plunge as inflation & supply woes cripple industry

Pakistan car sales crash! 56pc plunge as inflation & supply woes cripple industry
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Car sales plunge 64pc y/y in December as inflation, interest rates bite

KARACHI: The car sales plunged 64 percent in December from a year earlier, as high inflation, currency depreciation and interest rates dampened consumer demand, data from an industry body showed on...

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Auto industry eyes 2024 recovery

Inflation struggles, plant closures, and export successes shape complex year

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Car and Bikes Companies in Jeopardy as Sales Halved

Car and Bikes Companies in Jeopardy as Sales Halved
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Pakistan Auto Sales CRASH 66%! Inflation Squeezes Toyota, Suzuki, Honda

Pakistan Auto Sales CRASH 66%! Inflation Squeezes Toyota, Suzuki, Honda
samaa.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from samaa.tv Daily Mail and Mail on Sunday newspapers.

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Auto financing slows down over high costs

Consumers take Rs257b financing in November, down 2.6%

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india car: Pakistan's monthly car sales crawl below 5,000, while India rockets ahead with 3.6 lakh

Pakistan's automotive industry continues to face challenges as passenger vehicle sales decline for the second consecutive month. In November, only 4,875 units were sold, marking a significant drop of 68% compared to the same period last year. Factors such as increasing input costs, reduced demand, and high taxes contribute to the decline. In contrast, Indian car manufacturers achieved remarkable success, selling over 3.6 lakh units in November alone.

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Pakistan car sales struggled to cross 5,000 mark in November, India sold more cars in less than half-a-day

Major automakers like Pak Suzuki, Indus Motor Company Limited, and Honda Atlas Car have reported sales declines of 72 per cent, 71 per cent, and 49 per cent respectively

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