Car Sales Improved by 54 % Last Month
Despite dwindling sales and back-to-back production cuts, car sales in Pakistan have recorded a little jump last month – a surprising twist. BIG 3 in the country are still observing non-production days. Even Honda Atlas produced not even a single of Civic in March. It bears mention that the local auto industry has reported this rise after a continuous down of several months.
Pakistan Automotive Manufacturers Association (PAMA) has issued a car sales report for March’23. As per the PAMA report, the car sales clocked-in at 9,351 units against 6,072 in February – increased by 54% MoM. Coming to year-on-year sales, observed a decreased of 66%, selling 27,202 vehicles in the corresponding period of last year.
Company-Wise Sales Breakdown
The Japanese car franchise in the country dubbed, “Toyota Indus Motors,” recorded a jump of 6% in its sales. The company sold 1,912 units in March against 1,803 units in February. (MoM growth: 6%)
Meanwhile, Honda Atlas car sales posted a new low – dropped by 49%, selling 835 units in March compared to 1,636 units in February. (MoM decline: 49%)
Coming to Pak Suzuki Motors Company’s sales marked a surprising increase of 475%, surpassing fellow Toyota and Honda. The company sold 5,628 cars last month, contra 978 cars in February. (MoM growth: 475%)
Hyundai Nishat sales reported of down 34%, selling 836 units last month compared to 1,271 units in Feb’23. (MoM growth: 81%)
It is related to mention that all other car companies, Kia Lucky Motors, Master Changan Motors, Regal Motors, MG Motors, and Al-Haj Proton, are not PAMA members. Their sales numbers are not included in the report.
Car-Wise Sales Breakdown
Pakistan Suzuki Motor Company sold 2,542 units of Alto, 475 units of Suzuki Cultus, 489 units of Suzuki Wagon R, 877 units of Suzuki Swift, 782 units of Suzuki Bolan, and 463 units of Suzuki Ravi.
Toyota Indus sold 1,119 units of Corolla and Yaris and 793 units of Fortuner and Hilux.
Honda Atlas sold 611 unit of City and Civic and 224 units of BR-V and HR-V.
Hyundai Nishat sold 188 units of Elantra, 118 units of Sonata, 150 units of Porter, and 380 units of Tucson.
Here is the MoM comparison of all the above sales