Monday, November 11, 2013

Car trade increase by 6.4pc

Pakistan News
Karachi: Sales of mainly prepared autos climbed by 6.4 for every penny to 37,229 units in July-October 2013 contrasted with 34,990 units in the same period a year prior. Month-on-month (Mom) auto deals fell marginally in October to
8,690 from 9,659. Anyhow year-on-year (Yoy) auto deals saw a negligible ascent in the month as they were 8,184 units in October 2012. Information discharged by Pakistan Automotive Manufacturers Association (Pama) uncovered that Yoy offers of Honda Civic and City expanded to 3,492 and 4,532 from 2,290 and 3,719 in the four-month period. What added up to 9,375 units of Toyota Corolla were sold contrasted with 9,187 units. Offers of Suzuki Liana and Swift tumbled to 61 and 1,757 from 86 and 2,402. Suzuki Cultus and Bolan deals developed to 4,609 and 4,249 from 4,317 and 3,484, while offers of Suzuki Mehran dropped to 9,154 units from 9,435 units. Mohammad Tahir Saeed of Top Line Securities said that Mom decrease in auto deals in October was for the most part due to expanded Eid occasions.

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