Mettis Global News
Mettis Global News

Car sales rise 56% in November 2024

Auto financing in Pakistan rises to Rs235bn in December
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on whatsapp
WhatsApp

December 10, 2024 (MLN): The sales of cars, including LCVs, vans, and jeeps, in Pakistan increased by 56.0% in November 2024, clocking in at 10,100 units compared to 6,475 units recorded in the same month of last year, the latest data from the Pakistan Automotive Manufacturers Association (PAMA) showed today.

Conversely, on a month-on-month basis, auto sales have decreased by 22.9% compared to the 13,108 cars sold in October 2024.

Cumulatively, in 5MFY25, sales clocked in at 50,793 units, around 51.0% higher compared to 33,638 units sold in 5MFY24.

 

Units Nov-24 Nov-23 YoY % Oct-24 MoM % 5MFY25 5MFY24 Cumulative %
Car Sales 10,100 6,475 56.0% 13,108 -22.9% 50,793 33,638 51.0%
Passenger Cars 7,909 4,875 62.2% 10,557 -25.1% 38,534 25,746 49.7%
LCVS, Vans & Jeeps 2,191 1,600 36.9% 2,551 -14.1% 12,259 7,892 55.3%
Car Production 11,648 5,596 108.1% 12,286 -5.2% 52,635 32,545 61.7%
Passenger Cars 8,824 4,271 106.6% 9,227 -4.4% 38,819 24,132 60.9%
LCVS, Vans & Jeeps 2,824 1,325 113.1% 3,059 -7.7% 13,816 8,413 64.2%

 

Copyright Mettis Link News

Posted on: 2024-12-10T16:32:38+05:00