The ruling car assemblers in Pakistan, dubbed Pak Suzuki, seem dead after PAMA (Pakistan Automotive Manufacturers Association) narrated a surprising slump in the company’s sales charts. As per the report, Pakistan Suzuki Motor Company (PSMC) sold only 44 Altos in January – a historic low since its inception.
Surprisingly, the company all over sales also observed a record low – declined by 74% selling 2,946 cars last month, contra 11,342 cars in December. Mind you, Suzuki used to sell around 5,000 units per month for the previous 2 years.
Suzuki’s fellow Japanese companies, Toyota Indus Motor, and Honda Atlas, also reported a decrease in their sales, but Suzuki surpassed them all. Suffice it to say, PSMC came as the prime victim of the recent import curbs, no inventory, shortage of raw materials, and price hikes.
Suzuki Jan’23 Sales
Pakistan Suzuki Motor Company sold 44 units of Alto, 534 units of Suzuki Cultus, 671 units of Suzuki Wagon R, 504 units of Suzuki Swift, 556 units of Suzuki Bolan, and 628 units of Suzuki Ravi.
Car Sales In Pakistan Dropped by 65%
Concerning the Pakistani auto industry, the prevailing economic havoc has broken all the records – made a considerable dent. Even COVID-19 has not damaged as much as the recent fuss. Consequently, car sales observed a record 31-month slump in Pakistan – dropping by 65% (year-on-year decline).
Pakistan Automotive Manufacturers Association (PAMA) has reported a month-on-month (MoM) decline of 36% selling 10,867 units in January compared to 17,012 in December 2022. Whilst passenger car sales decreased by 56%, sold 6,021 vehicles last month against 13,780 cars in Dec’22.
What do you think about the dwindling sales trends of local carmakers? Share your thoughts in the comments section.
After checking the prices Suzuki alto is starting at 2 034 000 PKR, Wagon R is starting at 2 877 000 PKR.
Proton Saga is starting at 2 824 000 PKR.
Wait Proton Saga is cheaper than Suzuki Wagon with a bigger and more powerful engine, more interior space since the cars is a sedan and with a longer warranty?
#The intelligence choice