Thursday, December 15, 2022

 Car sales increased in November, which model sold more?




Vehicle sales increased compared to October






During the last month of November, an increase in the sale of vehicles was seen, the main reasons for which are said to be the increase in the delivery of vehicles according to the booking, and the availability of CKD. According to the data of the Pakistan Auto Manufacturers Association, car sales recorded a 36 percent increase in November compared to October.


A total of 18 thousand 391 cars from various companies were sold in November, compared to 13 thousand 502 cars sold in October.


Sales of small cars were the highest

According to the data of the Pakistan Auto Manufacturers Association (PAMA), last month, sales of cars less than 1000 cc recorded the highest increase of 74 percent, while the second place was sales of cars above 1300 cc, 22. the percentage increased, sales of 1000 cc cars saw a decline of 2 percent, on the other hand, sales of vehicles in the LCV, van, and jeep categories increased by 24 percent.


Suzuki topped the list in terms of selling the most cars

In November, Pak Suzuki topped the list by selling 12,400 cars, recording a 55% increase in its monthly car sales.


Honda car sales rose 38 percent while Indus vehicles were down 4 percent in November.


Saazgar Engineering Works also saw a significant increase of 63% in vehicle sales.


Ravi's sales were the highest

Pak Suzuki's Ravi car sales increased by 83% in November, Bolan sales also recorded 80% growth while Alto sales recorded 74% growth.


Honda BRV and HRV sales also stood at 464, only 54 units of this model were sold in October.


According to the report, sales of Hyundai Nishat's Sonata and Elantra fell by 25 and 45 percent respectively, while sales of tractors also recorded a decline of 34 percent.


According to auto industry sources, investor interest in booking new vehicles has waned, due to which the pace of price growth has also slowed down.


On the other hand, companies are starting to deliver according to the booking, which is increasing sales.


Sources say that the demand for small cars is increasing due to high oil prices and high car prices.


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