Auto sector depicts mild recovery as sale of passenger cars grows by 5.3% MoM

February 11, 2020 (MLN): The sale of passenger cars during the month of January, 2020 stood at 10,095 units against the production of 11,475 units, i.e. around 5.3% higher than the sales of the previous month and 47.8% lower than the sales recorded in the same month of the previous year.

According to a monthly report produced by Pakistan Automotive Manufacturer's Association (PAMA), the overall sales during 6MFY20 were recorded at 69,192 units, which is around 43.9% lower as compared to the 123,391 units sold in the corresponding period of last year. 

For the first time in many months, the maximum number of sales were made within the category of ‘1300cc and above’ engine, at 5,467 units. Within this category, Toyota Corolla recorded the maximum sales at 3,445 units, followed by Honda Cars and Suzuki Swift that sold 1,878 units and 144 units respectively.

The second highest sale of passenger cars was seen within the ‘below 1000cc’ category at 2,360 units, wherein Suzuki Alto made the highest sales at 1,794 units, followed by Suzuki Bolan at 564 units and Suzuki Mehran at only 2 units.

On the contrary, the ‘1000cc’ category witnessed a sale of 2,268 units during the month, wherein Suzuki Cultus made the highest sales at 1,701 units, while Suzuki WagonR sold 567 units. 

The total number of trucks sold during the month stood at 386 units, which translates into a growth of 53.7% as compared to previous month and a decline of 28.1% as compared to the same period of last year. Isuzu made the highest sale of trucks during the month by selling around 208 units during the month, with Hino taking the second spot by selling 100 units.

The total number of Buses sales stood at 51 units, signifying a drop of 16.39% over the previous month and 21.5% over the same period of last year.

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