Thursday, June 1, 2023

Pak Suzuki Sets New Record For Highest Sales In Pakistan

Pak Suzuki Motor Company (PSMC) has set a new record for monthly sales in Pakistan’s auto industry. Over 15,200 vehicles were sold by the end of July 2021, according to the firm.

One of the primary reasons for the high statistics is that the Japanese automaker faces little to no competition in the Pakistani vehicle industry.

That argument is supported by the fact that PSMC now has a 66 percent market share in the automobile industry and has sold 37,730 Alto units in the fiscal year 2020-21.

PSMC saw a massive MoM sales decrease of 39% in June, selling only 5,106 units. 

However, the sales drop was caused by a restricted quantity of units being created owing to COVID-19-related challenges across the world.

According to sources, the company is increasing production to meet increased demand for its vehicles, and PSMC will continue to hold the highest market share in Pakistan as long as it is the sole manufacturer of a range of compact city cars.

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