Financial breakdown within the nation is worsening with time. Native automotive assemblers are saying non-production and shutting down their meeting crops. Following Ghandhara Nissan Restricted (GNL), Honda Atlas additionally halted its manufacturing for a subsequent 23 days from March 9, 2023 to March 31. Pakistan Suzuki Motor Firm (PSMC) can also be going through identical destiny – stored its manufacturing at a halt throughout the month of January 2023.
PSMC Gross sales Breakdown
Consequently, PSMC’s gross sales charts are observing an enormous stoop – offered solely 544 Altos final month towards 44 models in January 2023. Furthermore, Pak Suzuki offered solely 978 models in February 2023 – lowest gross sales in over fifteen years.
Dwindling gross sales of business’s ruling automotive are narrating the endless story of woes and miseries rising from Pakistan’s auto business.
That is the automaker’s worst efficiency for the reason that nationwide COVID-19 lockdowns in April 2020, which resulted in zero manufacturing and gross sales.
Pak Suzuki offered 2,940 automobiles in January, which is already a 74% lower in month-to-month gross sales. The huge drop was brought on by poor gross sales of the Suzuki Alto, which fell from 6,898 models in December 2022 to 44 models in January 2023.
Pakistan Suzuki Motor Firm offered 44 models of Alto, 534 models of Suzuki Cultus, 671 models of Suzuki Wagon R, 504 models of Suzuki Swift, 556 models of Suzuki Bolan, and 628 models of Suzuki Ravi in January.
Suzuki gross sales in Pakistan have persistently remained among the many highest within the nation. Nonetheless, the corporate’s current gross sales decline has left it barely in a position to protect its place within the extraordinarily aggressive vehicle business. Many individuals had been stunned, contemplating the monopoly of Suzuki automobiles within the nation.
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