The overall auto industry sales have risen marginally in February 2022. Toyota Indus Motor Company (IMC) and Honda Atlas Cars Limited (HACL) in particular, have witnessed a sizeable decrease in monthly sales, according to the official monthly report from Pakistan Automotive Manufacturer’s Association (PAMA).

The latest data suggests that the auto sector recorded a total of 21,706 car sales, recording a Month Over Month (MoM) increase of 5 percent and a Year Over Year (YoY) increase of 32 percent.

In February, Toyota Indus Motor Company (IMC) sold 4,630 units and recorded an MoM decrease of 32 percent, but a YoY increase of 6 percent in sales. Hyundai Nishat sold 1,469 cars in the same period, observing a massive MoM increase of 140 percent.

HACL sold 2,286 cars, recording an MoM decrease of 32 percent, but a YoY increase of 13 percent, while PSMC sold 12,668 units and recorded an MoM increase of 40 percent and a YoY increase of 42 percent.

Source:: Radio Pakistan