Amidst the prevailing economic chaos, car sales marked a reasonable increase last month which in turn has catalyzed the good hopes regarding country’s auto industry. But the imminent price hike and production hiccups portrays a different image.

Pakistan Suzuki Motor Company who suffered the worst among all, reported a recovery in sales. As per the Pakistan Automotive manufacturers association (PAMA) report, Pak Suzuki sales are surged by 75%, thanks to Alto’s sales which helped the auto maker to mark this high in August 2023.

As per the report, Suzuki Alto’s sale increased by whopping 92%, selling 2, 679 units last month compared to 1,440 vehicles in July. Overall, PSMC sales observed a jump of 75% in August’23. The company sold 4,268 units last month against 2,444 in July.

PSMC sold 2,769 units of Alto, 305 units of Suzuki Cultus, 359 units of Suzuki Wagon R, 506 units of Suzuki Swift, 166 units of Suzuki Bolan, and 163 units of Suzuki Ravi.

Car sales increased by 49%

As per the PAMA car sales are increased in August’23 by 49% selling 7,579 vehicles against 5,092 units in July. Coming to year-to-year (YoY) sales, car sales observed a slump of 36%. Meaning, car makers sold 11,789 cars in corresponding time of last year.

Toyota Pakistan sales jacked up by 13%, selling 1,548 units in August ’23 compared to 1,368 vehicles in July. (MoM growth: 13%)

Coming to Honda Atlas’ sales, the carmaker soared by 36%, selling 674 units last month compared to 494 units in July’23. (MoM growth: 36%)

Comparing to its Japanese peers, Pak Suzuki Motors Company’s sales did wonders, marked a humongous increase of 75% in last month, selling 4,268 vehicles against 2,444 cars in July. (MoM growth: 75%)

Hyundai Nishat sales increased by 37%, selling 778 units last month compared to 569 units in July. (MoM growth: 37%)

It is related to mention that all other car companies, Kia Lucky Motors, Master Changan Motors, Regal Motors, MG Motors, and Al-Haj Proton, are not PAMA members. Their sales numbers are not included in the report.