Pakistan’s auto sales surge 75% in four months

[Maula Jatt]

Pakistan’s auto sales surge 75% in four months - BOL News

KARACHI: The sales of locally-assembled cars have surged 75 per cent to 89,891 units during the first four months (July-October) of 2021/22, compared with 51,465 units in the corresponding period of the last fiscal year.According to the data released by the Pakistan Automotive Manufacturers...

www.bolnews.com

KARACHI: The sales of locally-assembled cars have surged 75 per cent to 89,891 units during the first four months (July-October) of 2021/22, compared with 51,465 units in the corresponding period of the last fiscal year.

According to the data released by the Pakistan Automotive Manufacturers Association (Pama) on Thursday, car sales registered a 49 per cent rise on a year-on-year (YoY) basis and declined 6 per cent on a month-on-month (MoM) basis in October 2021.

The sales of Pakistan Suzuki Motors Company (PSMC) recorded a phenomenal growth of 107 per cent during the period under review. The sales of PSMC increased to 48,678 units during July-October of the fiscal year 2021/22, compared with 23,539 units in the same period of the last fiscal year.

The sales of Cultus, Alto, Wagon-R, Bolan and Ravi recorded an increase of 181 per cent, 97 per cent, 85 per cent, 65 per cent and 157 per cent, respectively; however, the sale of Suzuki Swift declined 40 per cent.

Indus Motors recorded a 49 per cent increase in its sales during the first four months of the current fiscal year. Corolla, Hilux and Fortuner exhibited 102 per cent, 50 per cent and 293 per cent growth in sales. Meanwhile, the sales of Yaris registered only 2 per cent growth. The sales of Honda Cars increased 22 per cent during the period under review.

The new entrant Hyundai Nishat posted sales growth of 331 per cent during the first four months of the current fiscal year.

lol what's going on with economy on Macro level things are looking bad due to IMF, CAD etc
but car sales are surging to frickin 75%!!
wtf is going on?, this is so confusing lol

 

[Dalit]

Pakistan’s auto sales surge 75% in four months - BOL News

KARACHI: The sales of locally-assembled cars have surged 75 per cent to 89,891 units during the first four months (July-October) of 2021/22, compared with 51,465 units in the corresponding period of the last fiscal year.According to the data released by the Pakistan Automotive Manufacturers...

www.bolnews.com

KARACHI: The sales of locally-assembled cars have surged 75 per cent to 89,891 units during the first four months (July-October) of 2021/22, compared with 51,465 units in the corresponding period of the last fiscal year.

According to the data released by the Pakistan Automotive Manufacturers Association (Pama) on Thursday, car sales registered a 49 per cent rise on a year-on-year (YoY) basis and declined 6 per cent on a month-on-month (MoM) basis in October 2021.

The sales of Pakistan Suzuki Motors Company (PSMC) recorded a phenomenal growth of 107 per cent during the period under review. The sales of PSMC increased to 48,678 units during July-October of the fiscal year 2021/22, compared with 23,539 units in the same period of the last fiscal year.

The sales of Cultus, Alto, Wagon-R, Bolan and Ravi recorded an increase of 181 per cent, 97 per cent, 85 per cent, 65 per cent and 157 per cent, respectively; however, the sale of Suzuki Swift declined 40 per cent.

Indus Motors recorded a 49 per cent increase in its sales during the first four months of the current fiscal year. Corolla, Hilux and Fortuner exhibited 102 per cent, 50 per cent and 293 per cent growth in sales. Meanwhile, the sales of Yaris registered only 2 per cent growth. The sales of Honda Cars increased 22 per cent during the period under review.

The new entrant Hyundai Nishat posted sales growth of 331 per cent during the first four months of the current fiscal year.

lol what's going on with economy on Macro level things are looking bad due to IMF, CAD etc
but car sales are surging to frickin 75%!!
wtf is going on?

That is exactly the first thing that crossed my mind LOL

We have a similar situation here in European countries. Inflation is supposedly killing and hurting so many ordinary people. All I see is ordinary people buying houses, cars and luxury items day in day out. Today, I visited a luxury shopping mall and there was hardly any space to walk around.

 

[Invictus01]

Nothing to be surprised about considering the present government has made it almost impossible to import quality Japanese cars
Rather forced us to rely on locally assembled tin cans so yeah the sale numbers are definitely gonna jack up in lieu of the import ban

 

[Dalit]

Nothing to be surprised about considering the present government has made it almost impossible to import quality Japanese cars
Rather forced us to rely on locally assembled tin cans so yeah the sale numbers are definitely gonna jack up in lieu of the import ban

How are poor people going to buy quality Japanese cars? Don't Pakistanis often complain about inflation etc.?

 

[Maula Jatt]

Nothing to be surprised about considering the present government has made it almost impossible to import quality Japanese cars
Rather forced us to rely on locally assembled tin cans so yeah the sale numbers are definitely gonna jack up in lieu of the import ban

imports of imported cars were also surging real fast - they had to ban it asap due to CAD issues
We are going through CAD issues buddy- buying tins is the patriotic option till we improve our export numbers
and bring them $$$

 

[Imran Khan]

these suzuki and toyotas are not cars they are teen daaba boxes

 

[Dalit]

these suzuki and toyotas are not cars they are teen daaba boxes

LOL Sir, do you drive teen dabba?

 

[Imran Khan]

LOL Sir, do you drive teen dabba?

just few days ago got new yaris . these days trying to avoid hitting foot paths as its too low .

 

[Oracle]

people are not buying car because they can , they are buying car as there is helplessness and no good transport system

even in islamabad there is none (except metro for rwp people. islamabad metro is not functionalized by PTI even though 90% of work is completed (just stops are not completed , roads are 100% completed)

if i want to go to blue area from G15, g14 , g111, g10, g9 , there is no transport ....

 

[Valar.]

I am thinking about buying a new car too. I have been using Honda Accord 2004 for years and was thinking about changing but there weren't many options available previously(3 Japanese teen dabbas) but now there are quite a few options available(South Korea, Chinese, Malaysian). That's one factor.

Second factor is, due to pandemic, I avoided having vacation abroad for last 2+1 years

Third factor, I loved eating out atleast twice a week. But for last 2 years, I have only eaten out just once. So, more savings.

As for inflation, yes, it is there. Everything is expensive now. And it hurts everyone. And just so happens, it hurts working class the most.

What you are looking at is upper middle class and upper class buying cars.

 

[Meengla]

just few days ago got new yaris . these days trying to avoid hitting foot paths as its too low .

Both wife and I drive Toyota Yaris here--2008 and 2009 models respectively. Our cars have close to 100,000 miles each. We only do battery changes and oil changes. On highways, I have recorded 42.5 miles per gallon (the American gallon) while in city traffic it is 33-35 mpg. Superb vehicles! Can even put a bale of hay (for grass seeds cover) because they are hatchbacks. They are 1500 CC engines and on hills they slow down climbing, causing angry vehicles behind on single-lane roads. But they are definitely NOT low-sitting vehicles; they actually feel raised. Well, in rural America they are tiny because everyone seems to ride trucks and SUVs. LOL!

 

[Imran Khan]

Both wife and I drive Toyota Yaris here--2008 and 2009 models respectively. Our cars have close to 100,000 miles each. We only do battery changes and oil changes. On highways, I have recorded 42.5 miles per gallon (the American gallon) while in city traffic it is 33-35 mpg. Superb vehicles! Can even put a bale of hay (for grass seeds cover) because they are hatchbacks. They are 1500 CC engines and on hills they slow down climbing, causing angry vehicles behind on single-lane roads. But they are definitely NOT low-sitting vehicles; they actually feel raised. Well, in rural America they are tiny because everyone seems to ride trucks and SUVs. LOL!

i am driving yaris 2021 these days sir got it just few days ago still reached 5000km its too low to ground always touching touching

 

[IceCold]

just few days ago got new yaris . these days trying to avoid hitting foot paths as its too low .

Yaris and low? Bhai zayda nahi ho gaya? If one thing Pakistani Yaris is actually two high, at point of being ridiculous than the original variant because of the local conditions.
And a sedan is meant to be driven on roads and not footpaths. Footpaths ka lia koi dalla walla lain app.

 

[Maula Jatt]

Yaris and low? Bhai zayda nahi ho gaya? If one thing Pakistani Yaris is actually two high, at point of being ridiculous than the original variant because of the local conditions.
And a sedan is meant to be driven on roads and not footpaths. Footpaths ka lia koi dalla walla lain app.

@Imran Khan tuade waaste teh fer dala I set ai...

 

[Imran Khan]

Yaris and low? Bhai zayda nahi ho gaya? If one thing Pakistani Yaris is actually two high, at point of being ridiculous than the original variant because of the local conditions.
And a sedan is meant to be driven on roads and not footpaths. Footpaths ka lia koi dalla walla lain app.

i drive double cabin pick up earlier and compare to it its too low

@Imran Khan tuade waaste teh fer dala I set ai...
View attachment 800887

my privous ride was double cabin pick up and it suits me jahan dil kiya chardha diya