Islamabad June 13 2022: Pakistan Automobile sector sales increase 1% during the month of May when compared with sales of previous month, according to the data published by Pakistan Automotive Manufacturers Association on Monday.
Total Automobile sales recorded at 22,967 units during May 2022 compared to the previous month in anticipation of increase in car prices.
Passenger car sales increase by 5% to 18,672 units during May 2022 compared to the previous month. However, car sales are up 53% during the month of April 2022 when compared with the same month of last year.
Honda Atlas sales increased the most by 11% followed by that of Indus Motors increase of 2% while Pak Suzuki sales drop by 3% when compared to sales of previous month.
Pak Suzuki Motors remained the bestselling brand with sales of 12,212 units while Indus Motors sold 5,682 units. Honda Atlas sold sales recorded at 2,910 units.
During first eleven months of this fiscal, period from July to May, Automobile sales witnessed at 251,277 units which is 50% higher compared to the same period last year due to incentives provided by State Bank of Pakistan.
