Pakistan’s auto sector has observed a drastic slump in sales in H2 2022 due to the massive economic downturn. The decline has been attributed to non-approval of letters of credit (LCs), import restrictions, price inflation, production cuts, and restrictions on auto financing.
Pak-Suzuki Motor Company (PSMC) remains the top car seller in 2022, having sold a total of 125,947 units in a year, while Honda Atlas Cars (HCAR) and the Toyota Indus Motor Company (IMC) sold 31,007 and 54,768 units respectively.
The demand for cars has become considerably low in recent months due to the economic turmoil. Nonetheless, there are certain vehicles that have remained incredibly successful in the local market, compared to others.
Here’s a list of top five best-selling cars from 2022:
Note: This data is from Pakistan Automotive Manufacturers Association (PAMA). Data of non-PAMA members such as Lucky Motor Corp., Master Changan Motors, Regal Automobiles, United Motors, etc. is not shared publically.
Suzuki Wagon R
Suzuki Wagon R has been a consistently strong performer in Pakistan, mostly due to being a favorite for Uber drivers and for young families. Too bad Suzuki isn’t going to be making these in the future. Here’s how the Wagon R did in 2022:
Month | Units Sold Per Month |
January | 1,537 |
February | 1,646 |
March | 2,104 |
April | 1,823 |
May | 2,258 |
June | 2,134 |
July | 282 |
August | 365 |
September | 766 |
October | 768 |
November | 716 |
December | 872 |
Total | 15,271 |
In 2022, Pak Suzuki sold 15,271 units of the Wagon R, making it the 5th best-selling car of the year.
Toyota Yaris
Once the best-selling sedan in Pakistan, Yaris has seemingly fallen far from grace, especially after the launch of Alsvin and City. Still, it managed to break into the annual top 5 best-sellers’ list, despite a terrible H2 2022. Here’s how the Yaris held up in terms of sales:
Month | Units Sold Per Month |
January | 2,093 |
February | 1,395 |
March | 1,905 |
April | 1,655 |
May | 1,834 |
June | 1,827 |
July | 647 |
August | 1,306 |
September | 790 |
October | 592 |
November | 813 |
December | 650 |
Total | 15,507 |
In 2022, Toyota Indus Motor Company sold 15,507 units of the Yaris, making it the 4th best-selling car of the year.
Honda City
Despite being a relatively new product, the sixth-generation Honda City has quickly grabbed a large market share. Its sales during 2022 were as follows:
Month | Units Sold Per Month |
January | 2,856 |
February | 2,146 |
March | 1,987 |
April | 1,200 |
May | 2,219 |
June | 2,764 |
July | 1,986 |
August | 830 |
September | 958 |
October | 1,072 |
November | 1,206 |
December | 636 |
Total | 19,804 |
In 2022, Honda Atlas Cars sold 19,804 units of the City, making it the 3rd best-selling car of the year.
Toyota Corolla
Despite only being targeted toward Pakistan’s upper socio-economic class, the Toyota Corolla is still the best-selling sedan in Pakistan. Its success is mainly due to its excellent reliability, ease of ownership and maintenance, and supreme resale value. Here’s how Corolla held up in 2022:
Month | Units Sold Per Month |
January | 3,435 |
February | 2,251 |
March | 3,490 |
April | 2,462 |
May | 2,429 |
June | 2,626 |
July | 1,087 |
August | 1,595 |
September | 990 |
October | 1,246 |
November | 1,120 |
December | 1,229 |
Total | 23,960 |
In 2022, Toyota Indus Motor Company sold 23,960 units of the Corolla, making it the 2nd best-selling car of the year.
Suzuki Alto
Suzuki has cemented its place in the Pakistani car market as the people’s car and a true predecessor to the legendary Mehran.
Despite the economic downturn, PSMC has been cranking out the little hatchback in huge numbers and selling them like hotcakes without any signs of slowing down. Here’s how the year went for Suzuki Alto in terms of sales:
Month | Units Sold Per Month |
January | 3,864 |
February | 7,175 |
March | 9,814 |
April | 5,009 |
May | 5,461 |
June | 7,487 |
July | 4,618 |
August | 2,293 |
September | 2,372 |
October | 4,181 |
November | 7,255 |
December | 6,898 |
Total | 66,427 |
In 2022, PSMC sold an amazing 66,427 units of the Alto, making it the number-one best-selling car of the year for the second time in a row.