Vehicle Sales Plunge by 36% in July 2024 Amid New Tax Measures and Pre-Buying Surge
Pakistan’s automobile sector experienced a steep decline in vehicle sales during July 2024, with a 36% drop in month-over-month (MoM) sales. This decline, largely anticipated by industry analysts, was primarily driven by pre-buying activities in June, as consumers rushed to purchase vehicles before the implementation of new tax measures introduced in the FY25 budget. Data […]