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5 Best Selling cars for Month of August
  Sep 04, 2023     talha seo  

5 Best Selling cars for Month of August

Due to massive production cuts and price rises, recent months have seen a decline in automobile sales. At Pak Suzuki Motor Company (PSMC), Toyota Indus Motor Company (IMC), and Honda Atlas Cars Limited, sales were especially weak in July and August (HACL).

Due to severe production cuts and price rises, recent months have seen a decline in automobile sales. At Pak Suzuki Motor Company (PSMC), Toyota Indus Motor Company (IMC), and Honda Atlas Cars Limited, sales were especially weak in July and August (HACL).

Despite challenges to the national economy and commerce, certain automobiles continued to sell successfully. In instance, Hyundai Nishat Motors Private Limited (HNMPL), which is a noteworthy achievement, outsold HACL last month.

Following is a list of the top five selling vehicles in August:

Honda City:

Following its sales over the last several months, the appeal of the Honda City has been evident. The tiny sedan triumphed against rival subcompact vehicles including the Suzuki Swift and Toyota Yaris as well as the Toyota Corolla, one of the most well-liked vehicles in Pakistan.

Last month, HACL, which came in last place, sold just 830 units of City. However, if the manufacturers figure out how to deal with import challenges, its sales will probably increase again.

Hyundai Tucson:

Surprisingly, HNMPL's star crossover, the Hyundai Tucson, has helped the company enter the bestsellers list.

The carmaker outsold some of the top sellers on our list with its amazing 985 Tucson sales in a single month. Given the recent pricing and tax rate increases, sales of all crossover SUVs, including the Tucson, will likely continue to be below the 1,000-unit threshold going ahead.

Toyota Yaris:

August saw an increase in sales for Toyota. Sales of the Yaris in particular increased significantly by 102% from July to August. The Toyota IMC Yaris sold 1,306 units last month, placing it third among the best-selling cars in Pakistan.

Toyota Corolla:

Despite a turbulent manufacturing month, the Toyota Corolla has recaptured its title as the best-selling car in Pakistan. Given the continued operational depression, Toyota IMC sold 1,595 Corollas in July 2022, a remarkable performance for the little vehicle.

Suzuki Alto:

Despite a sharp fall in sales, the Suzuki Alto continues to be the most popular vehicle in Pakistan. For the eighth month in a row this year, PSMC sold 2,293 units of the Alto, making it Pakistan's best-selling vehicle.

Even with Alto's sales, PSMC had a sharp decline as a result of the subpar sales of the rest of the portfolio. Due to the dollar's rebound, the ensuing price increases, and protracted delivery delays, all automakers and industry analysts anticipate a further fall in demand in the upcoming days.

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