Pakistan February 2024: Market up 68.5% on devastated year-ago result

The Toyota Corolla Cross is estimated to rank #10 in Pakistan this month.

Sales of locally produced light vehicles rally back up 68.5% on a particularly horrendous year-ago result to 9,709. The year-to-date tally is now up 21.7% to 20,245. This is according to local association PAMA. Note not all manufacturers present in Pakistan are members of PAMA such as Kia, Changan and MG notably and therefore don’t appear in these statistics. Note Chery has recently stopped sharing sales data as well. Suzuki (+399.5%) returns to its implacable domination with 50.3% share and is solely responsible for the market surge this month, with Sazgar Haval (+45.4%), Toyota (+12.9%), Honda (-7.3%) and Hyundai (-38.6%) unable to catch up. Over in the models lane, the Suzuki Alto (+520%) surges to 34.7% share vs. 31.4% so far this year. The Suzuki Swift (+889.6%) and Cultus (+344.4%) also skyrocket.

Previous month: Pakistan January 2024: Sazgar Haval H6 #3 in market down just -3%

One year ago: Pakistan February 2023: Hyundai (-13.5%) resists in market devastated by production issues (-73.4%)

Full February 2024 Top 8 All brands and Top 23 All models below.

Pakistan February 2024 – brands:

Pos Brand Feb-24 % /23 Jan 2024 % /23 Pos FY23
1 Suzuki 4,885 50.3% 399.5% 1 9,435 46.6% 140.4% 1 1
2 Toyota 2,036 21.0% 12.9% 2 4,798 23.7% -10.7% 2 2
3 Honda 1,517 15.6% -7.3% 3 2,856 14.1% -34.2% 3 3
4 Hyundai 780 8.0% -38.6% 5 1,612 8.0% -33.1% 4 4
5 Sazgar Haval 407 4.2% 45.4% 4 1,373 6.8% 97.3% 5 5
6 JAC 69 0.7% 4.5% 6 142 0.7% 14.5% 6 7
7 Isuzu 8 0.1% 0.0% 7 21 0.1% 0.0% 7 9
8 BAIC 7 0.1% -76.7% 8 8 0.0% -84.0% 8 8
9 Chery  n/a n/a n/a n/a n/a n/a n/a n/a 6

Pakistan February 2024 – models:

Pos Model Feb-24 % /23 Jan 2024 % /23 Pos FY23
1 Suzuki Alto 3,373 34.7% 520.0% 1 6,356 31.4% 981.0% 1 1
2 Toyota Corolla (est) 810 8.3% 35.9% 2 1,871 9.2% 21.9% 2 2
3 Toyota Yaris (est) 649 6.7% 31.1% 4 1,531 7.6% 20.1% 3 3
4 Honda Civic (est) 784 8.1% 10.6% 5 1,472 7.3% -9.8% 4 4
5 Sazgar Haval H6 407 4.2% 45.4% 3 1,373 6.8% 97.3% 5 15
6 Suzuki Swift 663 6.8% 889.6% 6 1,215 6.0% 112.8% 6 5
7 Honda City (est) 591 6.1% 10.5% 7 1,110 5.5% -9.9% 7 11
8 Suzuki Cultus 320 3.3% 344.4% 13 593 2.9% -3.6% 8 8
9 Hyundai Tucson 222 2.3% -68.6% 10 520 2.6% -60.8% 9 7
10 Toyota Corolla Cross (est) 300 3.1% new 15 500 2.5% new 10  –
11 Suzuki Ravi 210 2.2% 89.2% 11 497 2.5% -32.7% 11 13
12 Toyota Hilux (est) 153 1.6% -61.0% 8 494 2.4% -65.0% 12 6
13 Suzuki WagonR 136 1.4% 46.2% 9 456 2.3% -40.3% 13 10
14 Hyundai Santa Fe 213 2.2% new 14 438 2.2% new 14 21
15 Toyota Fortuner (est) 124 1.3% -61.3% 12 402 2.0% -65.1% 15 9
16 Hyundai Porter 201 2.1% 63.4% 19 321 1.6% 15.1% 16 16
17 Suzuki Bolan 183 1.9% 101.1% 16 318 1.6% -50.9% 17 12
18 Honda BR-V & HR-V 142 1.5% -63.8% 17 274 1.4% -81.4% 18 14
19 Hyundai Elantra 89 0.9% -63.4% 18 221 1.1% -46.9% 19 17
20 JAC X200 69 0.7% 4.5% 20 142 0.7% 14.5% 20 20
21 Hyundai Sonata 55 0.6% -72.1% 21 112 0.6% -71.1% 21 18
22 Isuzu D-Max 8 0.1% 0.0% 22 21 0.1% 0.0% 22 23
23 BAIC BJ40L 7 0.1% -76.7% 23 8 0.0% -84.0% 23 22

Source: PAMA

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