Pakistani Vehicles Sales 2017 called to recover after the last year fall and during the first four months had been on track, with year to date volume up 9%. Honda had shown a fast start improving over 40%. Toyota Corolla best-selling car.
Pakistani trade deficit widened to an unprecedented high in the July to March period. This illustrates the hardships the economy is facing, as export volumes struggle to gain traction and imports soar on higher investment related to the China-Pakistan Economic Corridor and an overvalued rupee. Financing the trade deficit has, in turn, proved challenging at a time of dwindling remittances, weighing on the state’s coffers.
Pakistani automotive industry is still heavy conditioned by the government restrictions and consumer’s can chose among a short list of models and brands, local made. Prices are high and technology and safety offered are always a step back from the state of the art, but desire for cars is high and the gap between potential and current sales is still high.
The 2017 is expected to be positive, recovering from the difficulties found last year, when sales fell 8.1%.
According to data released by the Pakistani Automotive Manufacturers Association, the year started in a positive note, with first four months light vehicles sales at 78.993, up 9.1%.
Suzuki dominates the market with 52.0% of market share and 41.048 sales (+4.9%) ahead of Toyota with 22.877 sales (+1.6%) and Honda with 15.068 (+41.0%).
As far as the best-selling models, the Toyota Corolla was again the first with 19.679 sales (-4.1%) followed by the Suzuki Mehran with 14.700 (+8.5%) and the Honda Civic with 7.957 (+138%).
Below, you can sort our interactive tables to see data regarding Brands and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.
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