The Suzuki Alto holds 27.2% of the Pakistani market in March.
According to local association PAMA, 9,351 new locally assembled light vehicles found a buyer in Pakistan in March, that’s a heavy -65.6% year-on-year fall. The Q1 2022 volume is off -62.6% to just 25,980 units. 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. Non-availability of CKD parts due to Letter of Credit issues continues to penalise production and sales in the country. Imports of goods into Pakistan generally require a Compulsory Letter of Credit.
The brands and models rankings are back to some kind of normalcy though after a wild February. Suzuki (-65.8%) follows the market to a 55% share vs. 34.9% so far this year, it is followed by Toyota (-65.8%) and Hyundai (-36%). Honda (-77.1%) is hit hard and falls to #4 after ranking #2 in February. Sazgar Haval now has sales available and holds 1.1% of the market. Model-wise, the Suzuki Alto (-74.1%) is in total freefall but easily reclaims the top spot with 27.2% share. It distances the Suzuki Swift up 16 spots on last month to #2 and the Suzuki Bolan (-39.6%) up 13 to #3.
Previous month: Pakistan February 2023: Hyundai (-13.5%) resists in market devastated by production issues (-73.4%)
One year ago: Pakistan March 2022: Suzuki Alto (+106.8%) breaks volume record, sales up 30.7%
Full March 2023 Top 8 All brands and Top 21 All models below.
Pakistan March 2023 – brands:
Pos | Brand | Mar-23 | % | /22 | Feb | 2023 | % | /22 | Pos | FY22 |
1 | Suzuki | 5,139 | 55.0% | -65.8% | 4 | 9,063 | 34.9% | -75.3% | 1 | 1 |
2 | Toyota | 1,912 | 20.4% | -72.9% | 1 | 7,285 | 28.0% | -60.6% | 2 | 2 |
3 | Hyundai | 836 | 8.9% | -36.0% | 3 | 3,247 | 12.5% | -4.1% | 4 | 4 |
4 | Honda | 835 | 8.9% | -77.1% | 2 | 5,175 | 19.9% | -50.5% | 3 | 3 |
5 | Sazgar Haval | 100 | 1.1% | new | 5 | 796 | 3.1% | new | 5 | 8 |
6 | JAC | 21 | 0.2% | -73.4% | 6 | 145 | 0.6% | -37.8% | 6 | 5 |
7 | BAIC | 18 | 0.2% | -74.6% | 7 | 68 | 0.3% | -46.0% | 7 | 7 |
8 | Isuzu | 1 | 0.0% | -93.8% | 8 | 22 | 0.1% | -61.4% | 8 | 9 |
Pakistan March 2023 – models:
Pos | Model | Mar-23 | % | /22 | Feb | 2023 | % | /22 | Pos | FY22 |
1 | Suzuki Alto | 2,542 | 27.2% | -74.1% | 4 | 3,130 | 12.0% | -85.0% | 1 | 1 |
2 | Suzuki Swift | 877 | 9.4% | n/a | 18 | 1,448 | 5.6% | n/a | 10 | 7 |
3 | Suzuki Bolan | 782 | 8.4% | -39.6% | 16 | 1,429 | 5.5% | -57.0% | 11 | 10 |
4 | Toyota Corolla (est) | 611 | 6.5% | -79.3% | 3 | 2,146 | 8.3% | -73.0% | 2 | 2 |
5 | Toyota Yaris (est) | 508 | 5.4% | -79.3% | 6 | 1,783 | 6.9% | -73.0% | 5 | 3 |
6 | Suzuki WagonR | 489 | 5.2% | -76.8% | 15 | 1,253 | 4.8% | -76.3% | 12 | 4 |
7 | Suzuki Cultus | 475 | 5.1% | 55.2% | 17 | 1,090 | 4.2% | -65.6% | 14 | 6 |
8 | Suzuki Ravi | 463 | 5.0% | -69.0% | 14 | 1,202 | 4.6% | -70.6% | 13 | 9 |
9 | Toyota Hilux (est) | 437 | 4.7% | -52.6% | 8 | 1,849 | 7.1% | -14.5% | 4 | 11 |
10 | Hyundai Tucson | 380 | 4.1% | -34.0% | 2 | 1,708 | 6.6% | 15.0% | 6 | 13 |
11 | Toyota Fortuner (est) | 356 | 3.8% | -52.6% | 9 | 1,507 | 5.8% | -14.5% | 8 | 12 |
12 | Honda Civic (est) | 348 | 3.7% | -81.4% | 1 | 1,980 | 7.6% | -62.3% | 3 | 5 |
13 | Honda City (est) | 263 | 2.8% | -81.3% | 5 | 1,495 | 5.8% | -62.3% | 9 | 8 |
14 | Honda BR-V & HR-V | 224 | 2.4% | -39.9% | 7 | 1,700 | 6.5% | 35.8% | 7 | 14 |
15 | Hyundai Elantra | 188 | 2.0% | -47.3% | 11 | 604 | 2.3% | -22.4% | 16 | 15 |
16 | Hyundai Porter | 150 | 1.6% | 22.0% | 13 | 429 | 1.7% | -9.9% | 18 | 17 |
17 | Hyundai Sonata | 118 | 1.3% | -52.8% | 12 | 506 | 1.9% | -21.9% | 17 | 16 |
18 | Sazgar Haval H6 | 100 | 1.1% | new | 10 | 796 | 3.1% | new | 15 | 21 |
19 | JAC X200 | 21 | 0.2% | -73.4% | 19 | 145 | 0.6% | -37.8% | 19 | 18 |
20 | BAIC BJ40L | 18 | 0.2% | -74.6% | 20 | 68 | 0.3% | -45.2% | 20 | 20 |
21 | Isuzu D-Max | 1 | 0.0% | -93.8% | 21 | 22 | 0.1% | -61.4% | 21 | 22 |
Source: PAMA