Pakistan’s auto sector has made a huge recovery after last year’s slump, as per
the data published yesterday by the Pakistan Automotive Manufacturer’s
Association (PAMA) which revealed that the sales of cars had gone up by 197%
on a year-on-year (YoY) basis in March 2021. Like last time, Pak-Suzuki Motor
Company (PSMC) has earned the title of the top car seller for March, recording
a whopping 280.1 % improvement in sales in March 2021 as opposed to the
equivalent time last year. Honda Atlas Cars (HCAR) and the Toyota Indus Motor
Company (IMC) also played admirably last month primarily owing to the fact
that the lockdowns in March 2020 had reduced the industry and trade enterprises
and crippled the economy. These days, with economic activities back in full motion,
the demand for cars is at an all-time high, but certain vehicles are more in need than others.
Here is a list of the five top-selling cars for March 2021:
Note: An honorable mention in this article goes to the Honda City and Civic as both
sold a total of 2,603 units in March, recording a YoY increase of 96.2 % and a month
-on-month (MoM) increase 18.8 % in sales. Since the data of both the cars are
provided together, they container be ranked individually in this list.
1. Suzuki Wagon R
Given how common the Wagon R in Pakistan these days, its astonishing that its
so low on the rankings. Nonetheless, the Wagon R had turned in impressive sales
figures of 1,259 units sold as matched to last year’s 310, which allowed it an MoM
increase of 54.7 percent and a YoY increase of an impressive 306.1 %. These
impossible people have landed it among the five top retailers of March 2021.
2. Suzuki Cultus
Around the end of 2020, the PSMC had been trying to keep up with the raging
demand of Cultus in the market due to production-related hiccups that had
also led to the company experiencing huge losses at the time. Now that the
PSMC’s production factory is firing on all cylinders, the car has been selling in
rather sizeable amounts. In March 2021, PSMC sold 1,637 units of the Cultus,
recording a YoY increase of 130.6 % and an MoM expansion of 10.3 % in sales,
which makes it the fourth top seller across Pakistan of the month.
3. Toyota Corolla
Despite only being targeted towards Pakistan’s higher socio-economic status, the
Toyota Corolla is still among the five top-selling cars here mainly due to its
excellent safety, ease of ownership and support, and supreme resale value. Toyota
IMC had sold 2,126 units of the Corolla in March 2021, recording a YoY increase of
1.8 %, and a rather sizeable MoM increase of 80.6 % in sales, making it the third best
-selling car of the month.
4. Toyota Yaris
Regardless of the mixed results that the Yaris had received upon being launched
in Pakistan, it has managed to remain a top seller in the Pakistani business for a
long time and has been exceeding the Honda City and Civic combined on its own
for the past several following months, which is a very impressive feat. In March 2021,
Toyota IMC had sold 3,317 units of the Yaris, recording an MoM increase of 29.3% in
sales, making it the next best-selling car of the month.
5. Suzuki Alto
After a long time of reservations about whether the new Suzuki Alto would be
able to take the place of the Mehran in times of sales, the Alto is finally in its
detail. Ever since the beginning of this year, PSMC has been cranking out the
little hatchback in huge numbers and selling them like hotcakes without any
signs of quieting down in the past several months. In March 2021, PSMC sold
a massive 4,745 members of the Alto, recording a gargantuan YoY increase
of 436.8 %, and an MoM increase of 11.8 %, making it the number one biggest
selling car in Pakistan for the 3rd following month since the start of the new year.