PAMA says, car sales fell by 85% in April this year

According to the Pakistan Automotive Manufacturers Association (PAMA), car sales have dropped by 85% year on year (YoY), with 2,844 units sold in April’23 compared to 18,626 vehicles sold in the same period last year.

PAMA statement on the sales situation

Pakistan’s already dwindling auto industry is being harmed by the country’s economic downturn. PAMA had no choice but to announce production cuts in the face of zero inventory.

However, the entire episode has resulted in a severe downtrend in car sales, with an 85% drop recorded last month, says PAMA.

Similarly, month-on-month sales decreased by 52%, with 4,463 vehicles sold last month compared to 9,351 in March. The reason for this drop is the poor performance of Pakistan Suzuki and Honda Atlas last month.

Sales Analysis by Company

“Toyota Indus Motors,” the Japanese automaker, reported a 2% increase in sales.

In April, the company sold 1,948 units, compared to 1,912 in March. (2% year on year growth)

Meanwhile, Honda Atlas car sales fell by 75% last month, selling 207 units versus 835 units in March’23. (MoM decrease: 75%).

Pak Suzuki Motors Company’s sales fell to a new low of 74% in April, selling 1,474 vehicles. In March, the company sold 5,628 vehicles. (MoM decrease: 74%)

Hyundai Nishat sales fell 13% last month, with 725 units sold versus 836 units in March. (MoM decrease: 13%)

All other car companies, including Kia Lucky Motors, Master Changan Motors, Regal Motors, MG Motors, and Al-Haj Proton, are not PAMA members. The report does not include their sales figures.

Sales Analysis by Vehicle

Pakistan Suzuki Motor Company sold 820 Alto units, 177 Suzuki Cultus units, 99 Suzuki Wagon R units, 145 Suzuki Swift units, 163 Suzuki Bolan units, and 70 Suzuki Ravi units.

Toyota Indus sold 1,007 Corolla and Yaris vehicles, as well as 941 Fortuner and Hilux vehicles. Honda Atlas sold 159 City and Civic models, as well as 48 BR-V and HR-V models.

Hyundai Nishat sold 315 Tucsons, 119 Elantras, 155 Sonatas, 136 Porters, and 119 Porters.

Here is a month-to-month comparison of all of the above sales:

Motorcycles, buses, and trucks

When it comes to the sale of motorcycles, buses, and trucks, the situation is similar. Two-wheeler sales fell by 2%, with 81, 358 bikes sold versus 83, 149 sold in the same period last month. Meanwhile, sales of buses and trucks dropped by 45% and 51%, respectively, according to PAMA.

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