Pakistan Car Sales Reach 201,151 Units In 11MFY2015-16 – A New High!

[VCheng]

Pakistan has made real progress economically in the last 2 years

Yes, progress has been made, but at a pace that is less than what is needed to catch up to the rest of the world. Pakistan is progressing, yes, but at the same time, it is falling further and further behind other countries. That is the point.

 

[S.Y.A]

Auto Industry in Pak can not flourish in coming years as no real Korean, Italian, US or German players want to invest in Pak Auto industry. It may have many reason for example the huge taxes by Govt. A standard similar Suzuki car in Pak is 800K while in India its 320K . Shortage of qualified engineers.
India become 5th largest car producer due to there engineering schools.

Pak need at least 10 engineering universities to produce Auto engineers to attract investors


Pakistan’s car industry
Flop gear
An absurdly protected industry
From the print edition

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THINGS can get emotional at the main Suzuki dealership in Islamabad, the Pakistani capital. “Many of our customers literally cry when they buy their first Mehran,” says Mohammad Ali Khalid, the managing director. “All their lives they have been saving up little amounts to buy this car.”

Yet there is plenty more to cry about over the Suzuki Mehran, Pakistan’s bottom-of-the-range car. The boxy contraption has barely changed since its debut in 1989. Taxi drivers complain that parts straight from the factory quickly have to be replaced.

Its shear failure that Pak can not produce any car by own as there is no qualified engineers .
Iran even produce many cars by own.


How can Iran has own cars????

and who told you that? Pakistan has qualified engineers, a lot of them, but unfortunately they do not have enough opportunities. it is mostly a fault of our government's policies.

@Syed.Ali.Haider You appear to have a glass half-empty mentality. Cannot appreciate progress where you see progress, and that Pakistan should have developed 50 years ago, etc. Things don't change that quickly. Pakistan has made real progress economically in the last 2 years, at least appreciate that.

to be honest, it is not much. even PPP managed more than 3% growth in its time, and the current govt has failed yet again to achieve its growth target. if PPP would have had the benefit of lowered oil prices and had the army launched an operation in its time, even PPP would have managed more than 4% gdp growth.

 

[Asian.Century]

For God sake, ban Suzuki, Toyota selling below par standard, under requirement cars to Pakistan. There are no safety features in Suzuki, Honda and Toyota cars. These three have monopoly over Pakistan, what the fck the government is doing to stop this overly expensive cars.

Pakistanis should come on streets and protest.

 

[batool100]

Suzuki Swift 2013 is the best on if i had to buy i would love to have it..!!










Hania Mehak | Micro Van | SUV

 

[CSPK]

So far no automobile manufacturer has launched cars for the masses. All that we have seen so far is priced well above PKR 2.5 million. The market is still ruled by Toyota Suzuki & Honda with their handful and rather obsolete products.

 

[F86 Saber]

Considering the cheapest Mehran costs around Rs. 700,000 which has the highest sale while remaining are much more expensive, if we take average price of a car as one million, it means Pakistanis spent Rs. 201,500,000,000/- on cars which is around 2 billion USD.

 

[airmarshal]

Majority of those cars are small and sub compact cars. Its an irony that of the 3 assemblers forming this cartel of Pakistani auto industry, only one produces small cars.

 

[I S I]

to be honest, it is not much. even PPP managed more than 3% growth in its time, and the current govt has failed yet again to achieve its growth target. if PPP would have had the benefit of lowered oil prices and had the army launched an operation in its time, even PPP would have managed more than 4% gdp growth.

LOL PeePeePee destroyed every sector of Pakistan & you're defending them with lies. Shame in you.

 

[S.Y.A]

LOL PeePeePee destroyed every sector of Pakistan & you're defending them with lies. Shame in you.

you are free to look up the gdp growth from 2008-2013, no one is stopping you.

 

[I S I]

you are free to look up the gdp growth from 2008-2013, no one is stopping you.

I don't want to debate with a PeePee jiyala.

 

[kabooter_maila]

Pakistani car industry touched a new milestone with the sales of 167,507 units of cars in a fiscal year (July to May). In last fiscal year (FY14-15), a total number of sold cars stood at 136,723 unit. That is an increase of 47%. And if you add locally assembled pickups and light commercial vehicles, the sales figures go to 201,151 units in the 11 months of the current fiscal year. That is as increase of 24% from the previous financial year (162,151 units in 11MFY14-15) to this financial year.

Honda Atlas
Honda Pakistan is selling cars in three engine cc categories. Honda City comes with both 1300 and 1500cc engines, whereas the Honda Civic is offered with an 1800cc engine. The cumulative sum of cars sold in 11MFY15-16 by Honda stands at 23,800 units. In the corresponding years of previous fiscal year, the number stood at 21,134 units. That is an increase of not very impressive 12.6%. But considering most of its sales come from Honda City, the percentage doesn’t look that bad. People had stopped buying 9thgeneration Honda Civic amidst the news of the 10thgeneration Honda Civic. So most of the Honda Atlas sales come from its smaller car, the Honda City.

Also Read: 2016 Honda Civic In Pakistan – This is It!





Toyota Indus Motors
Toyota Pakistan is selling Corolla sedan with the variety of engines. It comes with a 1300cc engine, 1600cc and the top of the line Corolla Grande with the 1800cc engine. Toyota posted a number of 53,410 units of Corolla sold in eleven months of FY15-16. In July-May 2014-15, Toyota managed to sell 46,680 units. That is an increase of 14.4%. Considering the new 2016 Honda Civic is about to be launched in Pakistan, let’s see if the sales of Corolla take a hit. Toyota Fortunersales dived from 668 units sold in last fiscal year to 518 unit in this fiscal year.



Pak Suzuki
Pak Suzuki Motors posted the figure of 118,629 units sold in July-May 2015-16. In the previous year (11MFY14-15), the company was able to sell 89,084 unit. That is an increase of 33%. Pak Suzuki was greatly helped with the launch of Punjab Taxi Scheme. Suzuki Mehran sales went from 27,580 to 34,691 units, posting an increase of 25.7%. PTS also helped boost the sale of Suzuki Bolan and Suzuki Ravi. On a percentage basis, WagonR was sold the most; 4,707 unit to 8,490 is an increase of astonishing 80%.



The improved sales are generally being attributed to low-interest rates helping people to buy new vehicles on auto financing, and Punjab Taxi Scheme. Punjab Taxi Scheme worked especially in the favor of Pak Suzuki.

As far the motorbikes are concerned, Atlas Honda was able to sell as many as 748,911 units in 11MFY15-16 compared to 591,494 unit in July-May 2014-15. That is an increase of 26.6%. Suzuki sold 16,099 July-May 2015-16 whereas the new entrant Yamaha sold 15,239 units in the same time period.

Pakistani auto sector is no doubt in healthy condition. But let’s see if the trend of high car sales continues for FY2016-17 as well. The new auto policy and new fixed rates on imported cars are definitely going to have an impact on the sales of locally manufactured cars.

http://www.pakwheels.com/blog/pakistan-car-sales-reach-167507-units-in-11mfy2015-16-a-new-high/

This particular growth should be more of a matter of concern for Pakistan than being indicative of increased buying power of Pakistanis. While latter aspect is also true, the shooting up car demand in Pakistan indicates that our urban centers desperately lack public transportation. I know that the first thing the desperate residents of metropolises (like Karachi, Lahore Rawalpindi/Islamabad, Faisalabad, Peshawar, etc.) want to buy after they have resources is a motor bike or a car. The reason being that they cannot afford the humiliation and cost (money and time) while commuting to and from their work places, schools, and shopping malls. But more cars means more pollution, traffic jams, accidents, and increase in imports of petroleum products. That is a net loss in the long run.

 

[S.Y.A]

I don't want to debate with a PeePee jiyala.

Like I said, you are free to do(or assume that i am a ppp supporter, without actually thinking about what i was trying to say) whatever you like.