PAMA
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Govt urged to protect auto industry
PAMA’s Khan says import of used vehicles has increased by staggering 641% this year
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PAAPAM decries proposed sales tax hike
Says increases from 18% to 25% could escalate car prices to over Rs4 million
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Car sales surge 81% in Jan
Despite YoY decline, sales reach highest level in eleven months
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Auto financing slows down over high costs
Consumers take Rs257b financing in November, down 2.6%
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Car sales contract 17% to 17,144 units in April
All three major assemblers report depressing figures for April
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In Pakistan, car sales slump 38% to 12,069 units in Dec
Fall attributed to sluggish demand caused by high car prices, exorbitant lending rate
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Non-filers, carmakers brace for difficult road ahead
Industry says premium or ‘own-money’ menace will increase
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Purchasing vehicles: PAMA suggests changes in restrictions for non-filers
Official says under new condition sales may go down from projected 350,000 to 240,000 units
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Sales tax: Tractor industry urges release of refunds
Tractor industry’s pending sales tax refunds, which amount to over Rs3 billion
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Demand: Auto manufacturers urge reduction in input tax rate on tractors
Tax refund claims from the sector have surged to Rs2.4b, says PAMA
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Booming car sales
Our insatiable appetite for cars is driving a high-octane boom in car sales
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Local car sales down 4% in January
20,844 units sold compared with 21,717 units in January 2016
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Car sales dip 15%, stand at 63,633 units for July-October
Suzuki and Toyota variants lead decline, Honda shines
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Car sales slide down 13% to 47,645 units
Year-on-year decrease mainly due to conclusion of taxi scheme
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Car sales hit speed bump in July
Number goes down 12%, amounts to 13,932 units
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Car sales jump to 257,752 units in FY16
Increase of 12% comes on back of auto financing, govt’s Rozgar scheme
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Oil product sales rise 5% with shift to petrol from CNG
PSO leads the market in terms of sales volume in 2015-16
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Budget proposals: PAMA wants reduction of input tax rate
Blockage of refunds is hindering smooth operation of the tractor industry, states association