No Script Javascript is disabled. Please enable it for better working experience.
Advertisement
Tuesday 09 July, 2024
Advertisement

Toyota Hilux Ranks Among Pakistan’s Best-Selling Cars in May 2023

BY Shahzad Saeed Jun 15, 2023. 07:26 pm UPDATED: Jun 15, 2023. 07:26 pm

Advertisement

The economic crisis and import restrictions have had a significant impact on Pakistan’s auto industry, which has resulted in a sharp decline in car sales. According to the most recent data from the Pakistan Automotive Manufacturers Association (PAMA), only 5,290 vehicles were sold in May 2023, a 77% decline from the same month the previous year.

Even though sales were up 19% from the previous month, this decline is still significant. Pak Suzuki Motor Company (PSMC), one of the automakers, saw a slight increase in sales, whereas Toyota Indus Motor Company (IMC), saw a slight decline.

Conversely, sales of the Honda Atlas and Hyundai Nishat were significantly down. Surprisingly, the Toyota Hilux pickup truck performed remarkably well and, with 605 units sold in May 2023, rose to become Pakistan’s third best-selling vehicle despite its high price of over Rs. 10 million.

Read more: Twitter’s Office is Being Evacuated Due to Non-Payment of Rent

Advertisement

Related Articles

Coldwave to hit Pakistan after Oct 17
Latest

Coldwave to hit Pakistan after Oct 17

According to the Pakistan Meteorological Department (PMD) on Thursday, a cold wave...

Maryam Nawaz's son Junaid Safdar divorce Ayesha
Latest

Maryam Nawaz's son Junaid Safdar divorce Ayesha

Junaid Safdar, the son of Pakistan Muslim League-Nawaz (PML-N) Maryam Nawaz, announced...

Who is Kathy Leutner? Sidney Crosby’s girlfriend
Latest

Who is Kathy Leutner? Sidney Crosby’s girlfriend

PITTSBURGH Sidney Crosby, a standout for the Penguins and one of the...

Petrol Price in Pakistan reduced by Rs. 8 from 1st October
Latest

Petrol Price in Pakistan reduced by Rs. 8 from 1st October

After three large increases in the previous fortnightly reviews, the caretaker government...

Punjab Announces Holiday for Schools on 28 September 2023 Amid Pink Eye Outbreak
Latest

Punjab Announces Holiday for Schools on 28 September 2023 Amid Pink Eye Outbreak

Due to an increase in pink eye (conjunctivitis) instances, Punjab's temporary Chief...

Who was Maddy Cusack?
Latest

Who was Maddy Cusack?

THE world has been shocked by the news that Sheffield United star...

Advertisement

Latest News

Linda De Sousa Abreu arrested for allegedly filmed having intimate relation with inmate in prison
US

Linda De Sousa Abreu arrested for allegedly filmed having intimate relation with inmate in prison

In the UK, a female prison guard faces charges after it was...

Farah El Kadhi Dead at 36, Cause of Death
Viral

Farah El Kadhi Dead at 36, Cause of Death

Local reports state that a well-known beauty influencer from Tunisia passed away...

Morgan Metzer beaten, bound, raped and nearly choked to death
US

Morgan Metzer beaten, bound, raped and nearly choked to death

A mother of two who was assaulted, restrained, sexually assaulted, and on...

James Everett du Bois, US Army vet swept out to sea
US

James Everett du Bois, US Army vet swept out to sea

Pictured is a US army veteran who was washed out to sea...

Advertisement