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business
Thursday Oct 12 2017
By
APP

Sale of cars on the rise in Pakistan

By
APP
File photo 

ISLAMABAD: The sale of cars in the country rose to 50,640 units during the first quarter of fiscal year 2017-18 compared to the sale of 41,405 units during the same period of last year showing an increase of 22.3 per cent.

On year on year basis, the sale of passenger cars witnessed an increase of 11 per cent as it rose to 15,639 units in September 2017 from 14,088 units in September 2016, latest data issued by Pakistan Automotive Manufacturers Association (PAMA) revealed.

The break-up figures show that the number of Toyota Corolla cars sold during the first quarter (July-September) 2017-18, remained 12,765 units compared to 12,655 units during the first quarter of preceding fiscal year.

Similarly, Honda Cars witnessed an increase of 30 per cent during the period under review as it increased from 8,059 units last year to 10,534 units in the current year.

Sale of Suzuki Swift, however, witnessed a negligible decline during the corresponding period as during first quarter of 2016-17, 1,046 units were sold out while during the same period of the current fiscal year, the sale was recorded at 1,044 units.

Sale of Suzuki Cultus also witnessed an increase of 56 per cent to 5,181 units in July-September (2017-18) from 3,322 units in same period of previous year.

Besides, Suzuki Wagon R also witnessed a sharp increase as it rose to 5,789 units from 3,385 units in first three months of the year 2016-17. Sale of Suzuki Mehran also increased from 8,248 units in July-September 2016-17 to 10,516 units during the same period of a current fiscal year while Suzuki Bolan witnessed a slight increase as it went up from 4,690 units in first three months of the fiscal year 2016-17 to 4,811 units in first three months of the current fiscal year.

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