Karachi: Sales of passenger cars in the country have posted an increase of 2.55 percent in FY17, while tractor sales rose 62 percent during this period. According to the data of Pakistan Automotive Manufacturers Association (Pama) released on 11 July, total car sales of the country went up 2.55 %, whereas the sales of trucks and buses increased 31 %. Aamir Allahwala, former chairman Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam), told The News that 2.5 percent increase was not major growth, but if 11,000 Suzuki Bolan are deducted from last year’s number, which were sold under Punjab government’s Rozgar Scheme, total growth becomes around eight percent in passenger cars, which was not bad.
He said the big three manufacturers Indus, Honda, and Suzuki were full capacity and customers were being given booking period of three to four months. “Capacity of these manufacturers is a challenge and the government should increase their confidence for investing their profit into expansions, not just dividends,” he said. Highest increase was recorded in the sales of LCVs, vans and jeeps with a whopping 356 percent increase with 3,534 units sold in FY17, compared to 775 units sold during the same period in FY16, Pama data revealed. The major change came when Honda launched its BR-V in the last quarter, which saw sales of 2,159 units in three months only.
This period saw a total sale of 23,804 pick-ups, down 33.43 percent against 35,759 units sold during the corresponding period in 2016. A higher sale of pick-ups was recorded last year because of the Rozgar Scheme in Punjab. A total of 185,781 passenger cars were sold during the period, higher than 181,145 cars in the corresponding period last year. A total of 93,925 cars of 1300cc or above category were sold during this period, up 7.56 percent against 87,321 units sold during the same period last year, as per the manufacturers association.
Under the 1000cc category, a total of 34,677 units of Suzuki Cultus and Suzuki WagonR were sold this year, up 32.53 percent against 26,166 units sold last year, whereas only one unit of Hyundai Santro was sold in this period. However, sales of 800cc to 1000cc cars, Suzuki Mehran and Bolan decreased 15.48 percent to 57,178 units from 67,658 units last year, Pama reported. A total of 8,629 buses and trucks were sold during FY17, up 31.39 percent against 6,567 units sold during the corresponding period last year. Sales of trucks increased 35.11 percent to 7,499 units from 5,550 units, whereas sales of buses rose 11.11 percent to 1,130 units from 1,017 units. According to the data, farm tractors recorded a growth of 62 percent in sales to 54,992 units during this time, compared to 33,986 units during the same period last year. Sales of motor cycles and three wheelers increased by 19.66 percent in FY17, at 1.62 million units compared to 1.35 million units sold last year.