INP-WealthPk

Cars sales surge 54.89% during FY2021-22

July 20, 2022

ISLAMABAD, Jul 18 (INP-WealthPK): Car sales during the fiscal year 2021-22 (July-June) surged by 54.89 percent as compared to the same period of last year, according to data released by Pakistan Automobile Manufacturing Association (PAMA).

According to the data, as many as 234,180 cars were sold during the period under review as compared to 151,182 units in the same period of last year. On a yearly basis, car sales in the country increased by 103.53 percent in June 2022 as compared to the same month of the preceding year. Car sales rose to 23,547 units in June 2022 as compared to 11,569 units during the same period of previous year.

The breakup figures showed that 35,197 units of Honda Civic and City were sold during the corresponding period of the year 2021-22 as compared to the sale of 25,276 units last year, up 39.25 percent.

Toyota Corolla and Yaris sales also rose by 21.17 per cent to 56,528 units in the corresponding period from 46,650 units in the same period of previous year.

Suzuki Swift sale also went up by 167.27 percent as its sale increased to 6,190 units from 2,316 units during July-June 2020-21. Sale of Suzuki Cultus increased to 23,169 units in the corresponding period whereas during same period last year, the sale was recorded at 17,510 units. The sale of Suzuki WagonR witnessed a sharp increase of 82.72 percent as it rose to 23,131 units during the fiscal year under review from 12,659 units in the same period of last year. Suzuki Alto also witnessed a sharp increase as it went up from 37,720 units in Jul-June (2020-21) to 71,198 units in the same period of fiscal year 2021-22. Meanwhile, sale of Suzuki Bolan increased by 50.81 percent as it rose to 12,361 units compared to sale of 8,196 units in the same period of last year.

 

Credit :
Independent News Pakistan-INP