Car Sales in November: How was the condition of Pakistan and India last month?
Pakistan’s economic crisis is not hidden from anyone and now its impact is clearly visible. Vehicle sales are continuously falling in Pakistan and this is becoming clear from the figures. There has been a decline in passenger vehicle sales in Pakistan for the second month. If we talk about the sale of vehicles in Pakistan last month, a total of 4875 vehicles were sold in November.
In November last year, the same figure was 15,432 units, one thing is clear from this that there has been a decline of 68 percent in sales in a single year. This data has been released by Pakistan Automotive Manufacturers Association.
How is the condition of India?
On the other hand, data released by FADA (Federation of Automobile Dealers Association) has shown that car manufacturing companies in India are getting great success. Last month in November, 3 lakh 60 thousand units were sold, which means that more than 500 vehicles were sold every hour in India last month.
What is the reason for the decline?
There could be not one but many reasons behind the continuously falling sales in Pakistan like rising car prices, inflation rate, economic crisis in Pakistan, falling currency and high taxes on purchasing vehicles.
What will happen to Pakistan?
After seeing the difference between the sales figures of vehicles sold in Pakistan and India, now many questions are being raised about the future of Pakistan’s automotive industry such as whether Pakistan’s auto industry will face worse conditions in future or Will we see improvement in the situation? All these questions are still in the womb of the future and only time will be able to give the correct answer whether Pakistan’s auto industry will rise or fall in future.