Recent months have been challenging for the Pakistani car industry due to import restrictions. The non-approval of the letters of credit (LC) forced multiple automakers including Pak Suzuki Motor Company (PSMC) to observe production cuts to cope with the rising inflation.
However, PSMC is seemingly trying to pick up the pace by resuming the bookings for all cars. The previous resumption was for corporate customers only and was confined to a limited number of models and units.
The current resumption is for all customers, although each model will be sold as per a specific quota. According to a Suzuki dealership, the delivery time on all models is currently two months. With this development, PSMC stands a strong chance of increasing its sales in the coming months.
Car Sales Since July
Despite a month-on-month growth in October, car sales decreased 47% from 74,952 to 39,700 units between July-October 2022 due to inflation, auto finance restrictions, and high-interest rates. Interestingly, car sales jumped from 9,213 in September to 11,129 in October, which is still well below October 2021’s 17,413.
The increase in sales and production in October shows signs of improvement following SBP’s relaxation in the import quota. All carmakers except Hyundai Nishat Motors Private Limited (HNMPL) observed a slight rise in sales, showing signs of recovery.
PSMC in particular witnessed a 33% rise in month-over-month (MOM) sales figures by selling 8003 units in October, compared to 6006 units in September.
All car companies are now observing fewer non-production days (NPDs) which indicates an impending rise in sales in the coming days.
For past 7 months waiting for car delivery despite 100%payment. Suzuki Swift top variant. Pathetic response and customer service
Booking Number Please or kis dealership say hay
bhai meri alto ki tentative date 3 nov thi wo bhi abhi tek nai mili 3 jun ko book kerwai thi
booking PBO no 22066894
ali jan motor lahore say book kerwai
case kr den tbhi koi response den gy
I have paid pay order on 14.4.2022 to ITTEHAD MOTORS
Received Stam by Suzuki motors on 16.8.2022 and tentative date give 28.10.2022 AA22078914
Still waiting for delivery of car
That’s complete B.S. booked alto in June 22 with full payment and still waiting for the delivery. Pine motors Suzuki Lahore giving lame excuses. Suzuki is pathetic
I want to purchase car but I have done payment 10 lakh do I can parchez it
Yes
Qistoon per mil sakti hai main aik Hafiz Hoon aur masjid main ders deyta hoon
Nice car