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KARACHI: The last fiscal year (FY21) turned out to be a massive recovery period for the auto sector amid the ongoing Covid-19 pandemic as car sales soared by 56.7 per cent, followed by 19.7pc increase in trucks, 16.6pc in buses, 227pc in jeeps, 57pc in pickups, 55pc in tractors and 39pc in two- and three-wheelers. The entire auto sector remained bearish from March to May 2020 due to the Covid-19 restrictions including a countrywide locked down in April. Buying interest among consumers revived after the reopening of markets in June 2020 and since then, there has been no looking back for the sector. ....
Car sales surge by over 31pc in 9MFY21 - Newspaper dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.
Published On Apr 09, 2021 11:58 AM By CarDekho for Maruti Celerio 2166Views Most of the cars are sold in India too, however, with different nameplates. Pakistan sells a humble 2 lakh (approx) cars every year compared to India’s mammoth sales of over 43 lakh units. But, with no homegrown automobile maker, our South Asian neighbour has to primarily rely on imports for its motoring needs. Many car models are common between the two countries, some with different names but similar underpinnings. For example, much like in India, Suzuki enjoys loyalists in Pakistan due to its fuel-efficient and value-for-money cars. Suzuki Bolan Price: PKR 11.34 lakh (INR 5.40 lakh) ....
Despite frequent price hikes, low interest rates appear to have played a major role in luring new car buyers. Reuters/File KARACHI: Overall auto sales, barring heavy vehicles segment, showed robust performance in the first eight months (July-February) of FY21 as car sales grew by 19.6 per cent, jeeps by 143pc, pick-ups by 32pc, tractors by over 50pc and two- and three-wheelers by 17pc. Despite frequent price hikes, low interest rates appear to have played a major role in luring new car buyers. Total car sales rose to 95,139 units in 8MFY21 from 79,534 units in the corresponding period last year. The highest increase of 52pc was recorded in Honda Civic/City sales to 16,213 units as compared to 10,662 units. ....
Total car sales stood at 81,569 units in 7MFY21 versus 69,189 units in the same period last fiscal. AFP/File KARACHI: The auto sector in the first seven months of the current fiscal year (7MFY21) registered brisk growth, posting an increase of 18 per cent in car sales, 137pc in jeeps, 32pc in pickups, 12pc in Fiat and 84pc in Massey Ferguson tractors and 18pc in two- or three-wheelers. The only exception were heavy vehicles which posted negative sales. According to data released by the Pakistan Automotive Manufacturers Association (PAMA), total car sales stood at 81,569 units in 7MFY21 versus 69,189 units in the same period last fiscal. Car sales in Jan 2021 sales increased to 14,543 units as compared to 10,095 units in Jan 2020. ....