Auto sales drop to lowest in 15 years

MG News | July 11, 2024 at 03:40 PM GMT+05:00

0:00

July 11, 2024 (MLN): Car sales in Pakistan dropped to the lowest in 15 years during the fiscal year 2023-24, according to Pakistan Automotive Manufacturers Association (PAMA) data.

The sales of cars, including LCVs, vans, and jeeps decreased by 18.2% YoY to 103,826 units in the fiscal year ending June 30, 2024, the lowest since FY 2009.

That compares with the sales of 126,878 units in the previous year and the last 5-year average sales of 188,030 units.

Read more: Car sales fall 18% in FY24

Copyright Mettis Link News

Related News

Key Pakistan Market Stats and Economic Indicators

Pakistan’s Ministry of Finance Retires Over PKR 1.1 Trillion in Debt, Alleviating Risks

SECP urges corporate sector to contribute to National Relief Fund

Name	Price/Vol	%Chg/NChg
KSE100	148,617.78 624.60M	0.86% 1274.27
ALLSHR	91,685.08 1,340.28M	0.74% 669.39
KSE30	45,247.79 197.43M	0.83% 370.74
KMI30	212,370.79 224.51M	1.05% 2209.48
KMIALLSHR	61,227.89 711.87M	1.18% 715.56
BKTi	41,264.02 160.39M	0.54% 221.73
OGTi	30,019.10 23.63M	0.64% 190.41

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,265.00	113,390.00 108,020.00	-4475.00 -3.97%
BRENT CRUDE	67.46	67.94 67.29	-0.52 -0.76%
RICHARDS BAY COAL MONTHLY	88.70	88.70 88.70	-0.75 -0.84%
ROTTERDAM COAL MONTHLY	96.15	96.75 96.00	-0.40 -0.41%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.01	64.55 63.88	-0.59 -0.91%
SUGAR #11 WORLD	16.34	16.52 16.33	-0.14 -0.85%