Automobile industry: Sales grow 17% with Suzuki in the front seat
[[IMAGE: Sales stood at 85,011 units in the first seven months of fiscal 2012 against 72,580 units sold in the same period of the preceding year, according to data released by Pakistan Automotive Manufacturers Association.]] KARACHI:? Car sales rose 17% in the first seven months of fiscal 2012 on the back of higher demand and Punjab’s yellow cab scheme. Sales stood at 85,011 units in the first seven months of fiscal 2012 against 72,580 units sold in the same period of the preceding year, according to data released by Pakistan Automotive Manufacturers Association. Honda’s production stood at a standstill for the second straight month in January, however, production is expected to be back on track at the end of February as its Lahore plant will restart operations. Honda Atlas Cars has been facing shortage of parts since October because of floods in Thailand from where the company imports part and then assembles them. Market leader Pak Suzuki Motor Company witnessed 39% growth in sales during July 2011 to January 2012 with Mehran leading the way with 40% growth to 19,375 units. Suzuki’s Mehran and Bolan witnessed healthy growth during the period under review due to Punjab’s yellow cab scheme. The provincial government aimed to deliver 7,500 cabs to successful applicants in 2011. Suzuki Swift sales almost doubled to 3,847 units during against 1,972 units in the same period last year. Indus Motor Company witnessed 4% growth in sales to 29,462 units during the period under review against 28,293 units in the same period last year
More:
Automobile industry: Sales grow 17% with Suzuki in the front seat
-
Mazda : MX-5 Miata 1925.01 This auction Data May be out of Date. Price: 1925.01... Read Full Story » -
Nissan : Altima WE FINANCE!! 3201.0 This auction Data May be out of Date. Price... Read Full Story » -
Mercedes-Benz : E-Class WE FINANCE!! 12600.0 This auction Data May be out of Date... Read Full Story » -
Kia : Sorento WE FINANCE!! 1000.0 This auction Data May be out of Date. Price: 1000... Read Full Story » -
Toyota : Camry WE FINANCE!! 5500.0 This auction Data May be out of Date. Price: 5500... Read Full Story »
