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WEB DESK
Mar 12, 2024

Pakistan witnesses 1.94% MoM increase in car sales

The latest data from PAMA reveals a positive trend in the country’s auto sector, as passenger car sales increased 1.94% in February 2024.

WEB DESK
Jan 26, 2024

Oil prices surge as US crude stockpiles plummet beyond forecasts

Oil prices experienced a surge following the release of data revealing a more substantial-than-anticipated decline in US crude stockpiles.

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WEB DESK
Dec 11, 2023

Pakistan witnesses over 68% YoY decline in car sales

In November 2023, the passenger car market in Pakistan witnessed a significant downturn, as reported by the Pakistan Automotive Manufacturers Association (PAMA).

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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.

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WEB DESK
Oct 18, 2023

Inventory shortages force Pak Suzuki to halt car production

In a recent development, Pak Suzuki Motor Company (PSMC) has issued a notice to the Pakistan Stock Exchange (PSX) regarding the temporary closure of its automobile production plant.