The ongoing economic crisis has shattered all the local car makers but the Japanese car giants Pakistan Suzuki Motor Company (PSMC) and Honda Atlas carries a different story to present. As per Pakistan Automotive Manufacturers Association (PAMA) Toyota managed to sale more cars than its peer Suzuki and Honda last month – a strange sight to behold.
What Report Revealed?
PAMA report says that Suzuki and Honda Sold 1,681 cars combined, fewer than 1,948 vehicles that Toyota Indus Motors sold last month. Furthermore, Honda Atlas car sales posted a staggering low of 75%, selling 207 units last month against 835 units in March’23. Meanwhile, Suzuki witnessed a new low of 74% in April, selling 1,474 cars. The company sold 5,628 cars in March. (MoM decline: 74%)
PSMC sold 820 units of Alto, 177 units of Suzuki Cultus, 99 units of Suzuki Wagon R, 145 units of Suzuki Swift, 163 units of Suzuki Bolan, and 70 units of Suzuki Ravi. Whilst Honda sold 159 unit of City and Civic and 48 units of BR-V and HR-V.
On the Contrary, Toyota reported a slight jump of 2% in its sales. The company sold 1,948 units in April against 1,912 units in March. The company sold 1,007 units of Corolla and Yaris and 941 units of Fortuner and Hilux.
Sales Decreased by 85%
As per Pakistan Automotive Manufacturers Association (PAMA), car sales are plunged by 85% year-on-year (YoY), selling 2,844 units in April’23 compared to 18,626 vehicles sold in the corresponding period of last year.
Similarly, month-on-month sales witnessed the similar trend – decreased by 52% sold 4,463 last month vehicles against 9,351 cars in March. The reason behind this nosedive is the poor sales of Pakistan Suzuki and Honda Atlas last month.
What do you think about a decline observed in sales of Honda and Suzuki? Drop your thoughts in the comments section.
