BUSINESS

61% increase in car sales in the country

During the first five months of the current financial year, car sales in the country have increased by 61%.

According to the Pakistan Automobile Manufacturing Association (PAMA), a representative body of car manufacturers in the country, car sales have increased by 61% in the first five months of the current financial year.

During the first five months of the current financial year (July-November), 90,303 new cars were sold across the country, compared to 55,779 in the same period last year. Thus, the growth rate of car sales has been more than 61%.

The PAMA says car sales have also increased this year on a monthly basis.

In November last year, 11,914 cars were sold, while in the same month this year, car sales increased by 28% to 15,351.

According to the data, from July to November, 13,215 Honda Civic vehicles, 12,723 Toyota Corollas, 11,252 Toyota Yaris, 13,105 units of Suzuki Cultus, 8,768 units of Suzuki Wagon RK and 13,267 units of Suzuki Alto were sold. Happened

From July to November 2021, 495 Suzuki Swifts were sold, which is 95% less than the same period last year.

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