• Download the Constitution of Pakistan
  • Advertise
WRITE FOR US
Economy.pk
No Result
View All Result
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
No Result
View All Result
Home Automobiles

Pak Suzuki Records Highest-Ever Sales, Sold 16000 Plus Cars in June 2022

by News Desk
July 5, 2022
in Automobiles
Reading Time: 1 min read
Pak Suzuki Records Highest-Ever Sales, Sold 16000 Plus Cars in June 2022
Share on FacebookShare on Twitter

2022 has been a turbulent year for Pakistan’s car industry due to dollar rate hikes, freight cost increases, and subsequent car price hikes.

Despite that, Pak Suzuki Motor Company (PSMC) has observed strong sales this year. As per a recent report, the company has set a new record by selling more than 16,000 cars in June 2022, breaking its previous record of over 15,500 in December 2021.

Although the sales breakdown is unknown, reports suggest that the new Suzuki Swift has contributed heavily to the overall increase in sales.

Also, PSMC is a top contender in Pakistan’s small car segment with a diverse lineup of city cars and a large footprint in the market. The company has a share of over 60 percent in the automotive sector.

Speculations suggest, however, that all carmakers including PSMC will likely experience a decline in sales due to rising fuel and vehicle prices by late 2022 or early 2023. For now, the sales will remain consistent due to the culmination of backlogged orders.

Tags: Pak SuzukiPakistan’s car industrySold 16000 Plus CarsSuzuki Alto
News Desk

News Desk

Related Posts

Maryam Shaban AMG

Meet Maryam: Akkodis Lead the Charge Winning Candidate

Akkodis, at the forefront of the Smart Industry, is collaborating with the esteemed Mercedes-AMG PETRONAS Formula One Team in their...

Honda Atlas company announces new prices of motorcycles

Honda Atlas company announces new prices of motorcycles

Honda Atlas Company Revises Motorcycle Prices Once Again, Reports Indicate on Saturday. After the latest revision, the price of the...

Pakistan's Honda Atlas extends longest production shutdown to end April

Pakistan’s Honda Atlas extends longest production shutdown to end April

Honda Atlas Cars Pakistan Ltd (HATC.PSX), citing the nation's economic crisis, limitations on obtaining letters of credit for imports, and...

Sindh govt to purchase more electric buses for Karachi

Sindh govt to purchase more electric buses for Karachi

Sindh chief secretary Sohail Rajput on Tuesday said that 15 to 20 more electric buses will be purchased for Karachi....

Competing Among 175 Cities, the Peshawar BRT Project has Won Another Major International Award

Competing Among 175 Cities, the Peshawar BRT Project has Won Another Major International Award

Another big international award has been given to the Peshawar BRT project. The World Resource Institute awarded Zu Peshawar, one...

Railway fares jacked up by eight percent

Railway fares jacked up by eight percent

Pakistan Railways on Wednesday announced to increase in railway fares following the recent hike in petroleum products across the country....

Next Post
Govt committed to protect poorest from effects of difficult economic conditions

Govt committed to protect poorest from effects of difficult economic conditions

Recent Posts

  • Azerbaijan launches direct flight operations to Pakistan
  • Gold Rate In Pakistan Today
  • Pakistan’s Caretaker PM Raises Concerns over Indian Hindutva Expansionist Designs
  • India frees Kashmiri leader Mirwaiz Umar Farooq after 4 years
  • Subway Unveils a Flying Restaurant: Serving Sandwiches 1,000 Feet Above the Ground

Advertisement

Twitter

Economy.pk

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Categories

  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos

Privacy & Legal

  • Privacy Policy
  • Cookies

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • About
  • Advertise
  • Contact

© 2023 Economy.pk

No Result
View All Result
  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 Economy.pk