Auto Industry: Passenger cars sales grow by 26% MoM in March 2021

April 13, 2021 (MLN): The sale of passenger cars during the month of March 2021 was recorded at 17,105 units against a total production of 17,442 units, showing an increase of 26.05% as compared to the 13,570 units sold in February 2021.

The cumulative sales for the ongoing Fiscal Year 2021 amounted to 112,244 units, which is nearly 31.5% higher than the units sold in the same period of last year.

According to a monthly report released by the Pakistan Automotive Manufacturers’ Association (PAMA), the highest volumetric sales during the month were made within the '1300 cc and Above' category’ at 8,447 units, i.e. 38.15% higher as compared to the previous month.

Within this category, Toyota Yaris had the highest sales at 3,317 units, This was followed by Honda cars, Toyota Corolla, and Suzuki Swift which sold 2,603, 2,126, and 255 units respectively.

The 'Below 1000 cc' category witnessed the second-highest number of sales at 5,762 units, i.e higher by 11.7% as compared to the previous month. Within this category, Suzuki Alto recorded a sale of 4,745 units, whereas Suzuki Bolan saw a sale of 1,017 units.

Meanwhile, the ‘1000cc’ category witnessed a sale of 2,896 units in the month of March 2021, which is 26% higher as compared to the previous month. Within this segment, Suzuki Cultus sold 1,637 units while Suzuki WagonR sold 1,259 units.  

The total number of trucks sold during the month under review stood at 508 units, showing a two-fold increase against the 252 units sold in the previous month. Isuzu appeared as the best-selling truck, with sales of 325 units, while MASTER, HINO and JAC made sales of 104, 60, and 19 units, respectively.

The overall sale of buses was recorded at 67 units, which depicts a decrease of 13% as compared to 77 units sold in the last month. Within this segment, MASTER made the maximum sales at 47 units, while HINO took the second spot by selling 20 units.

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Posted on: 2021-04-13T17:18:00+05:00