February 23, 2025
Business

Auto sales are lowered by supply restraints

KARACHI:Pakistan’s vehicle sales fell 59% to 14,000 units in July 2022 compared to June 2022 as a result of the import ban on auto parts implemented in an effort to reduce the current account deficit (CAD). Sales by non-Pama (Pakistan Automotive Manufacturers Association) members are included in this decline.Production problems and rising car prices, which […]

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Business

High prices reduce demand: Oil sales fall 26% and reach their lowest point after February 2021

KARACHI: According to figures issued on Monday by the Oil Businesses Advisory Council (OCAC), the country saw a fall in the sales of the oil marketing companies during July, in keeping with the coalition government’s aim to lower oil import bills. The lowest sales since February 2021, total petroleum and lubricant sales in July 2022 […]

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