Pakistan motor car sales nosedived by 73 per cent in February 2023, according to data released on Monday.
According to data released by Pakistan Auto Manufacturers Association (PAMA), about 5,762 motor cars were sold during February 2023 as compared with 21,664 units in the same month of the last year.
According PAMA monthly sales data, the company sold 712 Fortuner and Hilux combined, Beating Pakistan’s best-selling economy car “Suzuki Alto” in Sales.
Indus Motor Company Limited (INDU) reported decline of 49 per cent MoM to 1,803 units followed Honda Car (HCAR) sales decline of 39 per cent MoM and 40 per cent YoY to 1,636 units in February 2023.
