Automakers, dealers worried as car sales plunge 71.8% amid coronavirus lockdown

KARACHI: Passenger car sales witnessed another bad month as sales plunged by 71.8% to 5,796 units in March 2020, as compared to the same period last year, amid the coronavirus lockdown in the country, reported The News on Saturday.

According to data released by the Pakistan Automotive Manufacturers Association (PAMA), passenger car sales dropped 71.8% to only 5,796 units in March 2020 from 19,897 units sold during the same period last year. The decline in March is the largest ever decline in any month’s sales.

Passenger car sales in the cumulative period (July-March) dropped by 46.8% to 85,330 units, compared to 160,359 units sold during the corresponding period last year. With an exception to Suzuki’s Alto, as it was not produced in March last year, all variants of four-wheelers and above recorded a decline in sales.

Leave a Reply

avatar
  Subscribe  
Notify of
Share via
Copy link
Powered by Social Snap
%d bloggers like this: