Car Sales Increased in Pakistan by 150% in 11 Months

  • by Sharoon Jan
  • 2 weeks ago
  • News
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Car Sales Increased in Pakistan by 150% in 11 Months

Car Sales Increased in Pakistan by 150% in 11 Months: Based on 11M volumetric sales, the automotive industry. It is set to register a more than moderate growth this fiscal year, with sales growth of at least 1.5xs compared to last year, landing at roughly 270,000 units.

This is a record and it does not even include sales for new players like Kia or Changan. The real number should be crossed 300,000 units in the fiscal year. Volumes have certainly been preserved despite policy pivots, and rising vehicle prices mainly due to demand pent-up from last year. Which saw covid-19 restrictions and slow car deliveries amid semi-conductor shortage in the global market.

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