ISLAMABAD: Car sales in the country plunged by 46.8 per cent during the first nine months (July-March) of the current fiscal year (2019-20).
Car sales went down from 160,359 units in July-March of FY19 to 85,330 units in the same period of FY20, according to a data released by the Pakistan Automobile Manufacturers Association (MAPA) on Friday.
On year-on-year basis, cars sales also witnessed a decline of 70.86pc as it went down to 5,796 in March this year from 19,897 units in the same month a year ago.
According to the company-wise bifurcation, the sale of Honda cars (Civic and City) decreased by 63pc to 11,989 units in the first three quarters of the current fiscal year against the sale of 32,209 cars in same period of last year.
On yearly basis, the sale of Honda cars went down to 1,327 units in March this year from the sale of 3,449 units in same month a year ago.
Similarly, the sale of Suzuki Swift declined to 1,548 units in July-March FY20 as compared to the sale of 3,610 units in the same month of FY19.
The sale of Toyota Corolla decreased by 51pc to 20,991 units in 9MFY20 from 42,989 units in the same period of FY19.
Likewise, the sale of Suzuki Cultus also witnessed a decline of 38pc as it went down from 17,038 units in July-March (2018-19) to 10,555 units in same period of the current fiscal year.
On yearly basis, only 710 Suzuki Cultus cars were sold during the month of March against the sale of 2,253 units in the same month a year ago.
The sale of Suzuki Wagon R also witnessed a huge decline of 75pc as it declined to 6,122 units from 24,582 units.
The sale of Suzuki Bolan declined by 67pc to 4,467 units in July-March (2019-20) against the sale of 13,529 units in the same period of last year.
Similarly the sale of Suzuki Alto plunged by 45.43pc to 884 units in March when compared to the sale of 1,620 units in the preceding month of February 2020.
In total, 27,956 units of Suzuki Alto were sold during the first nine months of the current fiscal year.
