Car sales in Pakistan surge by 45 per cent year-on-year in October

The car sales in Pakistan posted a growth of 45 per cent year-on-year in October, as 17,413 units were sold this year compared to 11,997 units sold during October last year, revealed the data shared by the Pakistan Automotive Manufacturers Association (Pama).

However, the data shows that the October sales declined by 8.2 per cent month-on-month when compared with the 18,971 units sold in September 2021.

Meanwhile, the car sales in the first four months of FY21-22 (July-October) were recorded at 74,952 units, up by 71 per cent to 43,865 units in the same period last year.

During this period, around 8,619 units of 1300cc and above cars were sold, an increase of 34.46 per cent compared to sales of 6,410 units in the same period last year. This year’s October figure included 2,651 units of Honda Civic and City, 23 units of Suzuki Swift, 3,341 units of Toyota Corolla,

Read More

UK electric car market in top speed as sales jump 186 per cent during pandemic

a person walking down a street next to a car

© Provided by City AM

Electric car sales in the UK have jumped by 186 per cent to 108,000 in 2020, up from just 38,000 in 2019, according to a new study, shared exclusively with City A.M. this morning.

This growth is six times higher than the average sales growth of electric cars globally at 31 per cent in 2020, putting the UK in fourth place out of 26 countries in the study by accountancy firm UHY.

Worldwide growth in sales of electric cars has outpaced global car sales – including petrol and diesel – which fell by approximately 15 per cent to 64m in 2020, down from 75m in 2019.

Less than a fifth (19 per cent) of countries in UHY’s study saw sales of electric cars fall during the first year of lockdown, including Japan which fell 31 per cent and Canada, down 20 per cent in 2020.

Read More

Car sales in Pakistan surged by 44 per cent in January 2021

The car sales in Pakistan has increased by 44 per cent with a total of 14,543 units sold in January this year, as per data shared by the Pakistan Automotive Makers Association (PAMA).

Last year in January 10,095 units were sold. The increase is being attributed to an increase in leasing on a low interest rate environment.

As per stats, the sale of cars with 1300cc and higher powered engines increased 27 per cent to 6,944 units as compared to 5,467 units sold during the same month in the previous year. This increase can be attributed to sales of Toyota Yaris that hit 2,992 units.

However, the sale of Indus Motor’s popular Toyota Corolla reduced by 56 per cent, while that of Honda Civic and City increase by 10 per cent. Around 364 Suzuki Swifts were sold in the period under review compared to 144 sold last year.


In the

Read More