Cars sale rises 118pc in Feb

Sale of cars in the country witnessed an increase of 118.36 per cent in February 2024 compared to the same month of the preceding year, data released by the Pakistan Automobile Manufacturing Association (PAMA) showed on Wednesday.

Sale of cars rose to 7,953 units in February 2024 compared to 3,642 units during the same month of the previous year. Sale of cars during the first eight months (Jul-Feb) however decreased by 40.92 per cent when compared to the sale during the same period of the year 2022-23.

According to the data, as many as 46,417 cars were sold during the period under review as opposed to 78,575 units in the same period of last year. The breakup figures showed that 6,520 units of Honda Civic and City were sold as compared to the sale of 11,770 units in eight months of the previous year. Toyota Corolla and Yaris car sales also declined by 38.27 per cent as it went down to 9,181 units from 14,875 units in last year. Suzuki Swift’s sales also decreased by 55.30 per cent as its sales went down to 3,445 units from 7,707 units last year.