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  - WN.COM - Business - 13/Aug 01:43

Auto sales see annual growth amidst monthly decline

KARACHI: After a 43pc surge during FY25, the new fiscal year FY26 began on a positive note, with sales of cars, light commercial vehicles (LCVs), pickups, and jeeps rising 28pc year-on-year in July to 11,034 units. However, sales were down 49pc month-on-month, largely due to the high base effect of June. Data released by the Pakistan Automotive Manufacturers Association (PAMA) showed significant momentum in the electric vehicle (EV) segment. The newly...

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