No car sales recorded in April amidst COVID-19 lockdowns.
LAHORE – The lockdowns due to COVID-19 imposed by the federal and provincial governments in the later half of Mar-2020 till date has resulted in no car sales during Apr-2020, as reported by PAMA.
The lockdowns have resulted in closure of plant operations along with car dealerships across the country. As a result, in 10MFY20 car sales have declined by 52% YoY. Honda Car sales are down by 64% YoY, followed by Indus Motors and Pak Suzuki Motor Company with declines of 54% YoY and 47% YoY, respectively.Keeping in view the importance of the Wheat harvesting season, the governments allowed the tractor industry to resume their operations in mid-April-2020.similar trend in May-2020 as restrictions are yet to ease for car manufacturers and dealers.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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