Cars’ sale decreases 38% in 5 months

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The sale of cars during the first five months of current fiscal year 2022-23, has dropped by 38.93 percent as compared to the same months of last year, a latest data released by Pakistan Automobile Manufacturing Association (PAMA).

According to the data, as many as 55,144 cars were sold during July-November 2022-23 as opposed to 90,303 units during July-November 2021-22.

The breakup figures showed that 7,925 units of Honda Civic and City were sold during the corresponding period of the year 2022-23 as compared to the sale of 13,215 units last year, thus showing a dip of 40.03 percent.—APP