Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Passenger car sales trip by 4pc over the year

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June 12, 2019 (MLN): Passenger car consumption in Pakistan’s domestic market stands at a total of 192,863 during the 11 months of fiscal year 2018 – 2019.

In contrast, last year’s sales were higher by over 8,000 units as they were noted at 201,134 units. Out of the total sales recorded, those made in May 2019 stand at 15,428 units which is also a stepdown from last year’s numbers.

Among the most prominent brands, Toyota Corolla cars swept the most buyers from the market as it sold 52,314 units. However, their sales have dropped by 4,448 units over the year.

According to monthly statistics compiled by the Pakistan Automotive Manufacturers Association (PAMA), cars with an engine capacity of 1300 CC and above sold the most units (93,885) this year, followed by the 1000 CC cars (51,763 units) and then 800 – 1000 CC cars (47,215).

Similarly, total truck sales during the 11-month period stand at 5,488 units, buses’ sales at 863 units, pickups at 23,213 units, farm tractors at 46,771 units whereas total sale of two and wheelers is recorded at 1,642,482 units.

Copyright Mettis Link News

Posted on: 2019-06-12T11:02:00+05:00

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