After a sales drop in 2020 owing to the enormous outbreak of COVID-19, Pakistan’s auto business has made a stunning comeback in 2021. The launching of several new cars in the market, a temporary fall in prices, and lower interest rates on auto loans have all contributed to the rise of the auto sector.
With a total of 122,799 units sold in 2021, Pak-Suzuki Motor Company (PSMC) has been named the top automobile seller in the calendar year 2021. Honda Atlas Cars (HCAR) and Toyota Indus Motor Company (IMC) also did well by selling 69,169 and 35,173 units, correspondingly.
Due to the recent resumption of economic activity, there has been a significant increase in demand for automobiles in Pakistan. Nonetheless, in comparison to others, several automobiles have remained quite popular in the local market.
After much speculation over whether the new Suzuki Alto will be able to fill Mehran’s gape, the new Suzuki Alto has finally done so according to expectations. Pak-Suzuki Motor Company (PSMC) has been producing the small hatchback in large quantities and selling them like hotcakes since the beginning of this year, with no indications of slowing down.
Toyota Yaris followed the Alto and secure the second position. Despite poor reviews upon its release, the Yaris has remained a top seller in the Pakistani sedan market in 2021. Yaris outsold the Honda City and Civic combined for several months, which is an outstanding performance.
In 2021, Toyota IMC sold 28,673 Yaris units, which is making it Pakistan’s second best-selling car. This is an outstanding achievement for a very young product.
Despite being intended solely at Pakistan’s upper socioeconomic level, the Toyota Corolla remains one of the top five best-selling cars in the country, owing to its high reliability, ease of ownership and maintenance, and high resale value. Toyota Indus Motor Company sold 25,831 Corollas in 2021, making it the month’s third best-selling vehicle.
Toyota’s simple reliability formula has paid off handsomely in the Pakistani vehicle industry, which is why, according to market forecasts; the present model of the Toyota Corolla is expected to be produced until 2024.
Due to production-related issues, Pak Suzuki Motor Company (PSMC) was struggling to keep up with the soaring demand for Cultus in the market by the end of 2020. The Cultus has quickly become one of the most popular cars on the market now that PSMC’s production unit is up and operating.
Pak-Suzuki Motor Company (PSMC) sold 24,509 Cultus cars in the calendar year 2021, making it the fourth best-selling vehicle in Pakistan. If concerns including supply-chain crises, chip shortages, and other operational snags hadn’t hampered sales, this car would have ranked higher on the list.
Given the number of WagonRs on the road these days, it’s interesting to learn that sales were quite low this year. Despite this, WagonR had a strong year with sales of up to 18,810 units. These amazing numbers have placed it among the top five best-selling items for the calendar year 2021.
The fact that it is the only compact MPV on the market is probably the reason for this. The WagonR is a roomy, relatively comfortable, and inexpensive family car that provides adequate utility for a low price.
With the launch of the Alsvin, Changan has made big ripples in the automotive market. The Alsvin has garnered the most favorable ratings of any new automobile in terms of quality, comfort, fuel economy, and overall value offer.
Master Changan Motors, like Kia Lucky Motors, keeps its sales information under wraps. According to an unverified claim from a market source, the company sold upwards of 15,200 units in the calendar year 2021, with the Alsvin accounting for a sizable portion of that total.
Master Changan is also expanding its operations to accommodate the increased demand for its vehicles, and the company is expected to gain even more traction in the future.
7-Honda City and Civic
Honda sold 25276 units in the year 2021 and remained in the 7th Positon. Honda belongs to the big three companies of Pakistan and sells hundred of its unit in Pakistan.
8- Suzuki Ravi
Suzuki’s five models remained in the top ten best sold in 2021. Suzuki Ravi is a famous pick-up that sold 9631 units in Pakistan during 2021. Inspite of outdated features, Suzuki Ravi is the best choice for Pakistanis.
9-Suzuki Bolan (Carry Dabba)
Suzuki Bolan is famous in Pakistan with nicknamed “Carry Dabba”. It is the first choice for small businessmen, families, and for those who provide pick and drop services. 8196 units of Bolan touch the roads of Pakistan in 2021.
Toyota Hilux is very popular in the Pakistani community. This is a pick-up semi-truck. Toyota sold its 7043 units in Pakistan in the fiscal year 2020-21.
The Kia Sportage is one of Pakistan’s most recent success stories in the automobile sector. The vehicle, which was introduced in 2019, swiftly grabbed popularity in the market and quickly became the best-selling SUV in the country.
Although Kia Lucky Motors has not released official sales data, market reports claim that the firm sold over 22,300 units in the calendar year 2021, with the Kia Sportage accounting for more than 60% of those sold.
From the aforementioned list, it is not hidden that many new vehicle brands are getting space in the car market of Pakistani very quickly. Changan and Kia tried their best to break the triangle of Suzuki, Toyota, and Honda. There are more than fifteen new vehicle brands that are establishing their plants in Pakistan to provide diversified opportunities to car lovers in Pakistan. This trend will obviously help to reduce the prices of cars in Pakistan.