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Tag: automotive sector

Honda hybrid cars
Latest
  • WEB DESK
  • Feb 17, 2024
ECC’s GST hike sparks fears of surging car prices in Pakistan

This GST hike is expected to have notable repercussions for both the volume and revenue aspects of the automotive sector.

Pakistan petrol sales decline
Latest
  • WEB DESK
  • Jan 04, 2024
Pakistan’s petroleum sector faces 15% sales dip in first half of FY24

The initial six months of FY24 brought challenging times for Pakistan’s petroleum sector, marked by a significant decline in sales.

Car sales decline in Pakistan
Latest
  • WEB DESK
  • Nov 13, 2023
Car sales in Pakistan drop by more than 56%

In October, the Pakistani automotive sector faced a substantial downturn, with passenger car sales plummeting by 24.33 per cent, totalling 4,850 units compared to the previous month’s 6,410 units.

Toyota Corolla sales in Pakistan
Latest
  • WEB DESK
  • Oct 28, 2023
Pakistan’s auto industry growth hampered by excessive taxation

High car taxes imposed by the government, ranging from 37 per cent to 43 per cent, are impeding the growth of Pakistan’s auto industry.

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