Cars’ sale surges 57% in eight months

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Sale of cars during eight months of current fiscal year 2021-22 (Jul-Feb) has surged by 57.46 percent as compared to same period of last year, a recent data released by Pakistan Automobile Manufacturing Association (PAMA) said.

According to the data, as many as 149,813 cars were sold during the period under review as compared to 95,139 units in same period of last year.

On yearly basis, the sale of cars in the country increased by 33.04 percent in February as compared to same month of the preceding year.

The sale of cars rose to 18,054 units in February as compared to 13,570 units during same period of previous year. The breakup figures showed that 23,552 units of Honda Civic and City were sold during the corresponding period of the year 2021-22 as compared to the sale of 16,213 units last year, thus showing a jump of 45.26 percent.

Toyota Corolla and Yaris cars’ sale also rose by 29.68per cent as it surged to 38,300 units in the corresponding period from 29,532 units in same period of previous year.—APP

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