Pakistani auto market struggles: Car sales hit a 55.55% YoY decline in first half of FY24

ISLAMABAD: The latest data from the Pakistan Automotive Manufacturers Association (PAMA) has revealed a significant downturn in the country’s passenger car sales, with a staggering 55.55% year-on-year (YoY) drop in the first half of fiscal year 2024 (FY24). The numbers indicate that only 30,662 units were sold during this period, compared to the 68,912 units recorded in the same timeframe…

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News Source: profit.pakistantoday.com.pk