Pakistan Auto Market 2016 fell down following the previous year outstanding score while standing over the 0.2 million units level. The huge sales potential is limited by the government restrictions on importing cars.
Market Outlook
Pakistan’s economy should accelerate this fiscal year, on the back of stronger fixed investment and falling unemployment. FocusEconomics panelists expect GDP growth of 5.1% in FY 2017, which is up 0.1 percentage points from last month’s forecast. For FY 2018, analysts project that the economy will broadly maintain a solid growth pace, and expand 4.8%.
The domestic light vehicles market in the 2016, have lost momentum, after the previous year record, with total sales at 202.573 units , down 8.1%, according to data released by the P.A.M.A., the Pakistani Automotive Manufacturers Association,
Competitive Arena
Suzuki dominates the market with 54.8% of market share and 112.129 sales (-12.6%) ahead of Toyota with 62.017 sales (-4.9%) and Honda with 30.299 (+14.3%).
As far as the best-selling models, the Toyota Corolla was again the first with 55.539 sales (-3.7%) followed by the Suzuki Mehran with 36.673 (-3.4%) and the Suzuki Bolan with 20.113 (-47.0%).
Tables with sales figures
In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.
