Pakistan Top Selling Car Sales Marks a New Low

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The prevailing economic meltdown is shattering the already struggling local auto industry. Non-production days, a huge slump in sales, dwindling profits – the whole episode narrates the results of import curbs inflicted by the State Bank of Pakistan. Resultantly, the local car makers are bearing the brunt of the move – no CKD kits and zero inventory is shattering our import-dependent industry.

Sales of locally assembled cars are already 52% down. Meanwhile, the Japanese auto franchise dubbed Pakistan Suzuki Motor Company (PSMC), with a high rate of non-production days, came as the most affected automaker compared to the others. The company carries a market share of more than 50% but has observed a severe downtrend in sales since the inception of this year. Whilst the country’s bestselling car “Alto” faced the worst.

Alto’s Sales Report

In 2022, PSMC sold 66,427 units of Alto, considered as the record figure the company posted in terms of sales of a single model. Pakistan Suzuki sold 125,947 units in 2022, of which 53% were Altos. Moreover, the car sales stood high for 7 months in 2022, surpassing the previous highest monthly sales of Suzuki Mehran.

Since the inception of the year 2023, the grim discovery of car’s sales is marking a new low. The company sold only 588 units in the last two months compared to 11,039 vehicles in the same period of last year, 3,864 and 7,175 cars in January and February, respectively. Meaning, Alto’s sales are declined by a whopping 95%.

Pakistan Suzuki Motor Company sold 544 units of Alto, 72 units of Suzuki Cultus, 93 units of Suzuki Wagon R, 67 units of Suzuki Swift, 91 units of Suzuki Bolan, and 111 units of Suzuki Ravi.

What do you think about the decreasing sales of Alto? Drop your thoughts in the comment section.

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1 Comment
  1. Ali says

    Good for this company, blackmailed from the last 40 years, I hope and pray that this company should go in total lost . InshAllah….

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