Pakistan Car Sales Increased in February 2021
Locally manufactured vehicles in Pakistan Car Sales Increased in February 2021.
As per (PAMA) Pakistan Automobile Manufacturers Association Sales increased by 35% that makes up 16,436 units.
Having higher prices still, increased in sales? It is due to improvement in economic activities and low rate of interest. Starting from July till Feb (8 Months) total car sales rose to 95,139 units from 79,534 units.
Pak Suzuki still leading the sales growth with an increasing pace yearly of 66% to 8,903 units in February 2021. Suzuki Alto alone increased by 162% year to year with 4,245 units.
Honda Atlas got an increase of 13% in sales to 2,429 units, while sales of Indus Motor Company fell 3% to 4,384 units.
Hyundai the new entrants. Their 651 units sold in February, its highest ever to date.
We hope to see automotive industry growing further to create more jobs and support the economic conditions of the country.
Let us know your thoughts by your comments below.
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