Auto sales drop to lowest in 15 years

By 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

PSX Closing Bell: Record Breaker

BAPL works to resume core operations

Azgard Nine extends Muzaffargarh sale deadline

Name	Price/Vol	%Chg/NChg
KSE100	130,344.03 345.79M	1.67% 2144.61
ALLSHR	81,023.99 1,021.87M	1.55% 1236.37
KSE30	39,908.26 141.62M	2.05% 803.27
KMI30	189,535.00 150.29M	1.40% 2619.39
KMIALLSHR	54,783.66 508.76M	1.07% 581.78
BKTi	34,940.73 55.86M	4.37% 1464.05
OGTi	28,296.06 16.02M	1.19% 333.47

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,590.00	108,665.00 105,440.00	2840.00 2.69%
BRENT CRUDE	67.48	68.10 66.94	0.37 0.55%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	109.20	110.00 108.25	1.70 1.58%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	65.72	66.43 65.23	0.27 0.41%
SUGAR #11 WORLD	15.52	15.97 15.45	-0.18 -1.15%