Car sales fall 44% in first 5 months of Financial Year 2019-20

The auto sector continued its downward trajectory in sales in November 2019, with a decline of 44% in the first 5 months of the current financial year compared with last year. Overall, the auto-sector sold 49,110 units as compared to 87,897 units in the same period of last year. In this period, Toyota’s sales went from 24,119 units to 10,090 units and for Honda, they fell from 20,094 units to 5,885 units.

According to the information available, Honda saw the biggest decline in sales, falling more than 86%, Toyota saw its sales plunge 66% and Suzuki’s WagonR, which up till this year was showing consistent numbers, saw its sales fall by 91%.

Source: Pro Pakistani