car

Honda and Hyundai Gain Market Share as Toyota and Pak Suzuki Suffer Sales Drop

The Pakistan Automotive Manufacturer’s Association (PAMA) has declared the business information for August 2021, as indicated by which, the vehicle business has seen a slight abatement in deals.

Notice

According to last month’s information, Pak Suzuki Motor Company (PSMC), Toyota Indus Motor Company (IMC), Honda Atlas Cars Limited (HACL), and Hyundai Nishat Motors have sold a total of 21,751 vehicles in August, bringing about a Month on Month (MoM) decline of 13% and a Year on Year (YoY) increment of 87% in deals.

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In August 2021, Toyota IMC sold 5,639 units, seeing a MoM abatement of 16% and a YoY increment of 71% in vehicle deals. PSMC sold 12,062 units, noticing a MoM abatement of 21% and a YoY increment of 101% in vehicle deals.

HACL, conversely, having sold 3,230 units of its vehicles in August, has recorded an increment in deals, noticing a MoM increment of 40% and a YoY decline of 43%. Hyundai Nishat saw one more expansion in deals for the second sequential month, by selling 712 units of its vehicles last month, recording a MoM increment of 53% and a YoY increment of 547%.

Coming up next are the marketing projections of the absolute most well known vehicles for the earlier month:

Traveler Vehicle Sales

Traveler Vehicles Units Sold in July 2021 Units Sold in August 2021 Month on Month %age Difference

The car business all throughout the planet is at present reeling because of different production network issues, just as crude material and semi-conductor deficiencies. Inquisitively, however, the Pakistani vehicle industry is by all accounts performing very well in the midst of these issues, as the vehicle deals have just gone down somewhat in August of 2021.The Pakistan Automotive Manufacturer’s Association (PAMA) has declared the business information for August 2021, as per which, the vehicle business has seen a slight diminishing in deals.

Notice

According to last month’s information, Pak Suzuki Motor Company (PSMC), Toyota Indus Motor Company (IMC), Honda Atlas Cars Limited (HACL), and Hyundai Nishat Motors have sold a total of 21,751 vehicles in August, bringing about a Month on Month (MoM) decline of 13% and a Year on Year (YoY) increment of 87% in deals.

Likewise READ

Kia Lucky Officially Reveals the Number of Cars It Sold During FY2021

In August 2021, Toyota IMC sold 5,639 units, seeing a MoM diminishing of 16% and a YoY increment of 71% in vehicle deals. PSMC sold 12,062 units, noticing a MoM decline of 21% and a YoY increment of 101% in vehicle deals.

HACL, conversely, having sold 3,230 units of its vehicles in August, has recorded an expansion in deals, noticing a MoM increment of 40% and a YoY reduction of 43%. Hyundai Nishat saw one more expansion in deals for the second sequential month, by selling 712 units of its vehicles last month, recording a MoM increment of 53% and a YoY increment of 547%.

Coming up next are the marketing projections of the absolute most well known vehicles for the earlier month:

Traveler Vehicle Sales

Traveler Vehicles Units Sold in July 2021 Units Sold in August 2021 Month on Month %age Difference

PSMC

Cultus 4,213 2,845 -32%

Alto 6,110 5,031 -18%

Cart R 2,131 1,679 -21%

Bolan 950 1,097 15%

Swift 225 154 -32%

Toyota IMC

Corolla 2,320 1,942 -16%

Yaris 2,700 2,025 -25%

Fortuner 418 572 37%

Hilux 1,277 1,100 -14%

Honda Atlas

City and Civic 1,700 2,726 60%

BR-V 607 504 -17%

Hyundai Nishat

Tucson 175 192 10%

Elantra 157 258 64%

Sonata 163 142 N/A

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Proton Pakistan to Resume Car Deliveries from September

The car business all throughout the planet is at present reeling because of different production network issues, just as crude material and semi-conductor deficiencies. Inquisitively, however, the Pakistani vehicle industry is by all accounts performing very well in the midst of these issues, as the vehicle deals have just gone down somewhat in August of 2021.

It is fascinating to see, notwithstanding, if the vehicle deals stay solid in the coming days as the previously mentioned concerns keep on inhibitting vehicle deals across the globe.

It is intriguing to see, nonetheless, if the vehicle deals stay solid in the coming days as the previously mentioned concerns keep on inhibitting vehicle deals across the globe.

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