Automotive sale drops in Pakistan

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The sale of vehicles throughout the first 4 months of the present monetary 12 months 2023-24 has dropped by 47.Four per cent as in comparison with the identical months of final 12 months, a latest knowledge launched by the Pakistan Car Manufacturing Affiliation (PAMA) mentioned.

Based on the information, as many as 20,871 vehicles have been offered throughout the months underneath overview versus 39,700 models in the identical months of final 12 months.

The breakup figures confirmed that 2,239 models of Honda Civic and Metropolis have been offered throughout July-October 2023-24 as in comparison with the sale of 6,416 models throughout July-October 2022-23.

Toyota Corolla and Yaris automotive gross sales additionally declined by 51 per cent because it went all the way down to 4,032 models from 8,253 models within the earlier 12 months.

Suzuki Swift’s gross sales additionally decreased by 55 per cent as its gross sales went all the way down to 1,576 models from 3,466 models final 12 months.

Sale of Suzuki Cultus declined to 1,142 models throughout the first 4 months of the present 12 months, whereas throughout the identical months final 12 months, the sale was recorded at 2,952 models whereas the sale of Suzuki WagonR additionally decreased to 1,160 models from 2,181 models final 12 months.

Suzuki Alto’s gross sales additionally witnessed a pointy decline of 30 per cent from 13,464 models to 9,362 models throughout the present 12 months, whereas the gross sales of Suzuki Bolan decreased to 684 models versus gross sales of 1,469 models in the identical month of final 12 months.

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