Sales of cars, jeeps, and pickup trucks reached an all-time high in FY22 despite rising prices, record gasoline and interest rates, restrictions on auto finance, and the suspension of advance booking by several assemblers in May.
However, a little fall in two- and three-wheeler sales was seen.
Total passenger car sales posted a fantastic gain of 55% to 234,180 units in FY22 from 151,182 units in FY21 based on the old advance booking orders in hand made a few months ago and whose deliveries are being made. With 71,198 units sold, the Suzuki Alto 660cc outsold all other vehicles, an increase of 89 percent over the 37,720 units sold in FY21.
The combined sales of the Toyota Yaris and Corolla totaled 56,526 units, eclipsing the previous record of 46,650 units, according to data supplied by the Pakistan Automotive Manufacturers Association (PAMA).
Due to a 39 percent increase in sales to 35,197 units from 25,276 units in FY21, Honda Civic and City came in third.
Sales of the Suzuki Cultus and WagonR grew from 17,510 and 12,659 units to 23,169 and 23,131 units, respectively, a 32 percent and 83 percent increase. From 8,196 units, Bolan sales grew by 51% to 12,361 units. After the introduction of a new model in April 2022, Suzuki Swift sales rocketed to 6,190 units from 2,316 units.
3,610 and 2,782 Hyundai Elantra and Sonata cars have been sold, respectively.
With car sales of 23,547 units in June 2022 as opposed to 19,395 units in May 2022, the month also turned out to be successful.
Sales of Toyota vehicles grew among jeeps and pickups to 18,005 units in FY21 from 10,586 units in FY21, while sales of the Honda BR-V increased by 6% to 4,255 units from 4,015.
Suzuki Ravi sales increased by 48 percent, reaching 14,230 units from 9,631 units. Sales of the Hyundai Tucson and Porter jumped from 3,748 and 1,187 units to 4,895 and 1,845 units, respectively, a 31 percent and 55 percent increase. Isuzu D-MAX sales went from 316 to 473 units, a 50 percent increase.
Fiat sold 23,942 units of tractors, or 58 percent higher than it did in FY21, while Massey Ferguson had a 1 percent decline in sales.
Sales of two- and three-wheelers as a whole decreased by 4.3 percent to 1.821 million units from 1.903 million units. In contrast to the previous year’s sales of 1.292 million, 24,851 and 19,924 units, respectively, the assemblers of Honda, Suzuki, and Yamaha sold 1.360 million, 37,846, and 23,289 units, representing increases of 5 percent, 52 percent, and 17 percent.
Comparatively, sales of inexpensive Chinese-made motorcycles like the Ravi, Road Prince, and United Auto Motorcycle fell by 40%, 36%, and 28% in FY22, respectively, from 5,941, 141,230, and 368,643 units in FY21.
Compared to 18,753, 15,665, 10,116, and 6,653 units in FY21, sales of three-wheelers for Qingqi, Sazgar, Road Prince, and United in FY22 were 13,935, 15,683, 8,361, and 3,156.