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Introduction:
The automobile industry in Pakistan has been grappling with the impacts of the prolonged economic crisis, leading to a significant decline in sales. The latest figures released by the Pakistan Automotive Manufacturers Association (PAMA) shed light on the sales performance in June 2023, revealing a substantial 79% drop compared to the same month in the previous year. This blog post provides an overview of the sales figures and prices of popular car models in Pakistan amidst the challenging economic climate.
Sales Figures:
Suzuki Alto:
The Suzuki Alto emerged as the preferred choice in the entry-level market, with 2,372 units sold in June 2023. Despite the prevailing economic challenges, the model experienced a 3% increase in sales compared to the previous month.
Toyota Corolla & Yaris:
Toyota Corolla and Toyota Yaris collectively sold 1,780 vehicles in June 2023. While the company faced a decrease in sales due to non-production and surging prices, these models remained popular choices among car buyers.
Suzuki Swift:
The Suzuki Swift witnessed remarkable sales growth in June 2023, with 1,263 units sold. The model experienced a significant 137% increase compared to the previous months, highlighting its appeal to consumers.
Read More: Pak Suzuki Extends Shutdown of Automobile and Motorcycle Plant
Honda Civic & City:
Honda sold a combined total of 1,201 units of the Civic and City models in June. However, the company faced a 16% decline in sales compared to the previous month due to economic challenges and rising prices.
Suzuki Wagon R:
The Suzuki Wagon R witnessed an impressive 110% increase in sales during June 2023, selling approximately 766 vehicles. This model’s affordability and versatility contributed to its popularity among car buyers.
Price Ranges:
The following are the price ranges of popular car models in Pakistan:
– Suzuki Alto: PKR 1,699,000 (VX Variant) – PKR 2,223,000 (AGS)
– Toyota Corolla & Yaris: Corolla: PKR 4,569,000 – PKR 5,749,000, Yaris: PKR 3,539,000 – PKR 4,259,000
– Suzuki Swift: PKR 3,189,000 – PKR 3,760,000
– Honda Civic & City: Civic: PKR 6,349,000 – PKR 7,549,000, City: PKR 3,769,000 – PKR 4,479,000
– Suzuki Wagon R: PKR 2,421,000 (VXR) – PKR 2,754,000 (AGS)
Conclusion:
The auto industry in Pakistan continues to face significant challenges as reflected in the notable decline in car sales. Economic uncertainties and rising prices have impacted consumer demand, resulting in reduced sales figures for major car manufacturers. However, some models such as the Suzuki Alto, Toyota Corolla & Yaris, Suzuki Swift, Honda Civic & City, and Suzuki Wagon R have shown resilience amidst the tough market conditions. The price ranges of these models highlight the varying affordability options available to consumers in Pakistan.
(Note: The sales figures and prices mentioned in this blog post are based on the information provided by the Pakistan Automotive Manufacturers Association (PAMA) and should be considered approximate.)
