Pakistan Automotive Manufacturers Association (PAMA) has declared the vehicle deals information for the period of August 2020. In an overall depiction, during August, the terrific all out number of vehicle deals from Honda Atlas, Toyota Indus Motor Company (IMC), and Pak-Suzuki Motor Company (PSMC), and Hyundai Nishat, which is the new individual from the affiliation obviously, is 11,678.
In any case, in August of 2019, the vehicle deals altogether by the said organizations were 10,102 while in August 2020, the complete marketing projection, as we probably am aware, is 11,678 which suggests that the year on year (YoY) increment of over 16% and a month on month (MoM) increment of just 1% has been recorded.
In an amazing disclosure from the information, apparently Honda has taken a huge leap in marketing projections when contrasted with a year ago, with a YoY increment of 72%, yet a MoM reduction of 8%.
Toyota IMC then again has had a YoY deals increment of 52% and a MoM deals decline of 18% conceivably because of the stopping of XLI and GLI Corolla variations.
Likewise shockingly, PSMC has seen a YoY deals decline of 9% and a MoM deals increment of 20%.
According to ongoing reports, Kia Lucky Motors has gained some great ground also. In spite of the fact that there are no careful authority figures, however the reports propose that the automaker has sold around 1,500 units of both the Picanto and the Sportage combined.
Concerning the bicycle part, Atlas Honda recorded a YoY deals increment of 6% and a MoM decline of 10%. PSMC then again recorded a YoY decline of 6% and a 13% MoM increment in deals. Sazgar Engineering Works saw a 51% YoY increment and a 10% MoM increment in deals while different organizations saw a 15% YoY increment and a 1% MoM increment in deals in August 2020.