ISLAMABAD – The auto sector continued its downward trajectory in sales inNovember 2019, with a decline of 44% in the first 5 months of the currentfinancial year compared with last year.
Overall, the auto-sector sold 49,110 units as compared to 87,897 units inthe same period of last year. In this period, Toyota’s sales went from24,119 units to 10,090 units and for Honda, they fell from 20,094 units to5,885 units.
On a monthly basis, only 8,524 units were sold in Nov. 2019 versus 15,334units sold in November 2018.
According to the information available, Honda saw the biggest decline insales, falling more than 86%. The company barely managed to sell 477 unitsof Civic and City (combined) in November 2019 as compared to 3,353 units inNovember 2018.
Toyota saw its sales plunge 66% with the automaker selling 1,806 units inNovember 2019 compared to 5,325 units in the same period of last year.
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Interestingly, the newly launched 660CC Suzuki Alto has been selling wellsince its introduction a few months ago. However, it too saw its sales fallwith only 3,213 units sold in November 2019, compared to 4,945 units duringthe preceding month (October 2019).
Suzuki’s WagonR, which up till this year was showing consistent numbers,saw its sales fall by 91% with only 291 units sold this month as comparedto 3,232 units in November last year. Cultus was in the same boat withsales dropping 68.12% with only 729 units sold this month compared to 2,287units sold during last year.
