ISLAMABAD: The sale and production of cars dipped by 43.37pc and 45.83pc,respectively, during the first eight months of the current financial year(2019-20) as compared to the corresponding period of last year.
According to Pakistan Automobile Manufacturing Association (PAMA), as manyas 79,537 cars were sold during the period under review as compared 140,462units sold in 8MFY19, adding that the production of cars fell from 151,753units last year to 82,196 units.
The sale of Honda cars took the worst beating during the period underreview, as they went down by 62.91pc (from 28,760 units last year to 10,665units)
Among the variants, the sale of Suzuki Swift dipped by 54.52pc, from 3,224units to 1,466 units, while that of Toyota Corolla went down from 38,248units to 18,902 units, showing a decrease of 50.58pc.
Suzuki Cultus witnessed a 33.4pc reduction in sales, going down from 14,785units to 9,845 units. The sale of Suzuki Wagon-R also saw a sharp declineof 73.34pc, from 21,600 units last year to 5,812 units during the periodunder review.
Meanwhile, the sale of Suzuki Mehran, production of which was suspended byPak Suzuki, recorded its sales at 1,702 units for July-Feb FY20, as against22,460 units sold last year.
Read Top Stories
The sale of Suzuki Bolan declined by 64.22pc, from 11,385 units to 4,073units.
On the other hand, the production of Suzuki Cultus decreased from 16,097units to 9,222 units, witnessing decrease of 42.70pc, while that of SuzukiWagon-R declined 70.67pc, from 23,672 units to 6,941 units.
Moreover, the production of Suzuki Bolan plunged 66.54pc, from 12,126 unitsto 4,057 units during 8MFY20.
