Car sales in Pakistan and light commercial vehicles plunged 24% to 19,437 units in April 2019 compared to 25,567 units in the same month of the previous year, according to data released by the Pakistan Automotive Manufacturers Association (PAMA).
During March 2019, this segment of Car sales in Pakistan had recorded of 22,878 units sales. Therefore, on a month-on-month basis, this segment recorded a decrease of 15%.
Cumulatively, in the first 10 months of the current fiscal year, the sales of cars and light commercial vehicles shrank 6% to 204,883 units against 218,301 units in the corresponding period of the previous year.
Car sales in Pakistan of Suzuki Motor Company fell from 14,781 units in April 2018 to 10,789 units in April 2019, down 27%.
Indus Motor Company (Toyota) witnessed a relatively lower decline of 7% as its sales contracted from 6,183 units to 5,738. On the other hand, Honda Atlas endured the biggest hit of 38% in sales which plummeted from 4,603 units in April 2018 to 2,836 units in April 2019.