According to the Pakistan Automobile Manufacturers Association (PAMA), 16,436 cars were manufactured by the Pakistani auto industry in February 2021. Pak Suzuki Motor Company Ltd (PSMC) has become a leading company following the high rise of 66pc in Year-Over-Year revenue.
PAMA identified a 162pc rise in Alto sales and 106pc increase in Ravi sales with the 4,245 sales of Alto and 1,268 sales of Ravi.
Furthermore, Honda Atlas Cars observed a rise in sales of 13pc while Indus Motor Company (INDU) was in the decline of 3pc. The two newcomers in the auto industry Hyundai Nishat and Lucky Motor (KIA) sold 651 and 2,500 units, respectively, in February 2021.