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Cars’ sale drops 55% during Jul-Dec: PAMA

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The sale of cars during the first six months of the current financial year 2023-24 has dropped by 55.50 per cent as compared to the same months of last year, a recent data released by Pakistan Automobile Manufacturing Association (PAMA) said.

According to the data, as many as 30,662 cars were sold during the months under review as opposed to 68,912 units in the same months of last year. The breakup figures showed that 3,938 units of Honda Civic and City were sold during July-December 2023-24 as compared to the sale of 8,906 units during July-December 2022-23.

Toyota Corolla and Yaris car sales also declined by 56.24 per cent as it went down to 5,279 units from 12,065 units in the previous year.—APP

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