Recently published data by Pakistan Automotive Manufacturers Association (PAMA) has revealed that car sales in the country have plunged 39% in February 2020.
Pak Suzuki Motor Company (PSMC) has recorded a 50% reduction in sales followed by Honda Atlas Pakistan with 35% and Toyota Indus Motors with an 18% decline in sales.
Overall car sales for the first 8 months of FY 2019-2020 have also recorded an unprecedented decline of 44% when compared to the same period last year.
Auto companies had sold 162,240 vehicles during the first 8 months of FY2018-2019. This year, they have managed to sell 90,834 vehicles so far.
Here is a detailed chart of car sales for the past month:
Manufacturer | February 2020 | February 2019 | Sales (%) | 8M FY2019-20 |
Pak Suzuki | 5,377 | 10,851 | -50% | 55,630 |
Honda Pakistan | 2,141 | 3,281 | -35% | 12,497 |
Toyota Indus | 4,510 | 5,529 | -18% | 22,707 |
Total | 12,028 | 19,661 | -39% | 90,834 |
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Bikes
As far as bikes are concerned, only Sazgar managed to improve its sales in February 2020. Bike sales of both Atlas Honda and Pak Suzuki have recorded a decline in February 2020.
For 8 months of FY 2019-2020, only 849,632 bikes were sold against the 946,861 of the same period last year, recording a 10% drop in sales in the sector.
Manufacturer | February 2020 | February 2019 | Sales (%) | 8M FY2019-20 |
Sazgar | 1,537 | 1,409 | +9% | 8,042 |
Honda | 90,005 | 95,015 | -5% | 700,194 |
Suzuki | 1,799 | 1,409 | -8% | 14,540 |
Others | 5,666 | 40,180 | -85% | 126,856 |
Total | 139,007 | 138,555 | 0.3% | 849,632 |
Tractors
Sales of tractors in Pakistan have also declined by 22% in February 2020.
Millat, Orient, and Al-Ghazi tractors sold 3,141 tractors last month against the 4,044 tractors during the same period last year.
Sales during the first 8 months have also reduced by 36% in FY 2019-2020.
Trucks and Buses
Sales of trucks and buses have reported a decline as well in February 2020.
Hino, Master, JAC, and Isuzu collectively sold 402 units against the 563 in the same period last year, recording a 29% decline.
Sales across the segment during the first 8 months have declined by 41% in FY 2019-2020.
Is time to reinvent the after sales strategies and make some disruptive in this areas because if they are not buying they need more maintenance.
Need electric car
اسکی بڑی وجہ یہ ہی کہ ایک تو گاڑیاں حد سے زیادہ مہنگی ہو گئ ہیں اور لوگوں کی جیب انہیں گاڑیاں خریدنے کی اجازت نہیں دیتی دوسرے جہاں تک سوزوکی کی کاروں کی سیل میں 50 فیصد کمی کا سوال تو اسکی اصل وجہ یہ ہے کہ لوگوں کو اب سوزوکی کی کوالٹی کی سمجھ آگئ ہے۔ سوزوکی نے لوگوں کی جیبیں کاٹ کر ماضی میں جو کچرا نما گاڑیاں انہیں دی ہیں اب لوگ ان پر لعنت بھیجکر دوسری کمپنیوں کی جانب مڑ گئے ہیں۔ سوزوکی اب امید نہیں بلکہ یقین رکھے کہ عوام انکے جھانسے میں آنیوالے نہیں۔