According to the Pakistan Automotive Manufacturers Association (PAMA), the country has seen an increase in vehicle sales in the first four months of the fiscal year 2020-20.
According to data released by PAMA, car sales grew by 8.1%, Jeeps by 93%, LCVs by 39%, two- and three-wheelers by 19% and tractors by 19%. An increase of 24%.
Atlas Honda Limited assembled the highest ever 116,024 vehicles in October and sold 116,000 vehicles, breaking its own sales record in April 2018, including one. One lakh 15 thousand 972 vehicles were assembled and one lakh 15 thousand 161 vehicles were sold.
Between July and October of the fiscal year 2021-2020, a total of 43,863 units of the car were sold as against 40,853 units sold in the same period of the previous financial year.
Sales of 8,341 units of Honda Civic and City vehicles increased by 68% in the current financial year, sales of Suzuki Bolan increased by 62% in which 2,438 units were sold, sales of Suzuki Wagon RK 3,658 units. Suzuki Swift's sales of 810 units have increased by 36%, while its sales have increased by 20%.
Suzuki Alto sales fell 38 percent to 10,544 units in the first four months of fiscal year 2021, while Toyota Corolla sales fell 4 percent to 4,928 units, according to Pama. And Cultus sales fell 4 percent to 4,079 units.
In addition, Toyota Corolla was replaced by Toyota Yaris, 9,067 units of the new model were sold, while Indus Motor Company doubled the price of vehicles.
However, vehicle sales in October increased slightly compared to September, according to which 11,860 units were sold in September, while their number increased to 11,997 units in October, a total of 9,566 units of vehicles in October 2019. Were sold.
Compared to Jeeps, Vans and SUVs, sales of Toyota HiX increased by 90% and Toyota Fortune increased by 71% in the current financial year, including 2,572 units of Toyota HiX and 629 units of Toyota Fortune. Sold out
Sales of 1,324 units of Honda BR-V increased by 51% while sales of 2,010 units of Suzuki Ravi increased by 2%.
The new cars sold 448 units of Hyundai Tucson and 333 units of Porter.
Fiat sales of farm tractors fell 7% to 4,950 units, while Macy Ferguson's sales increased 50% to 10,232 units, indicating an improvement in the agricultural sector.
In the four months from July to October of the financial year, Atlas Honda Limited assembled a total of 43,154 units and sold 44,005 units. Compared to the number of two- and three-wheeled vehicles assembled and sold in the same period last year, sales increased by 21%.
Sales of Suzuki and Yamaha declined by 4% and 22%, respectively, with sales of 6,628 and 6,823 units of Suzuki and Yamaha, respectively.
In the first four months of the current financial year, sales of United Automotive, the second largest assembler of motorcycles after Honda, increased by 18% to 134,120 units, while sales of Road Prince bikes increased by 18%. It increased by 19% and sold 51,099 units.
In the first four months of fiscal year 2021, sales of the three-wheeled Changchi increased by 106% to 6,840 units, with United and Road Prince selling 2,821 units of three-wheeled vehicles, respectively. Sales of United and Road Prince three-wheelers increased by 33% and 66%, respectively, compared to the previous fiscal year, with 4,092 units sold, as well as 5,224 units of favorable three-wheelers. Sales increased by 49%.
Between July and October, total sales of 1,104 truck units fell 0.9 percent, while Hino sales fell 63 percent to 181 units, while Master and Suzuki sales rose 99 percent and 21 percent, respectively. And it sold 295 and 568 units.
Overall, sales of buses declined by 28%, while units of Suzuki and Hino also saw a decline of 62% and 42% respectively in the first four months of the current financial year, with 27 and 72 units sold respectively. In the first four months of the current financial year, Master sold its 87 units and saw a 28% increase in sales.
Moreover, despite the fluctuations in prices and the rupee since July, the trend of buyers of new cars and bikes and three-wheelers has been encouraging, with interest rates hovering at 13.25 per cent.
