Search
Business

Honda Civic sales in Pakistan drop by 72.36%

News Desk

Nov 14

Sedan car sales experienced a significant downturn, particularly notable in Honda Civic sales, which suffered a substantial decline of 67.33 per cent in October 2023 on a month-over-month basis and 72.36 per cent on a year-over-year basis in Pakistan. 

This decline can be attributed to production interruptions, elevated car prices, and a reduction in car financing. 

Specifically, Honda Atlas Cars Limited reported the sale of only 379 Civic units in October 2023, a notable drop from the 1371 units sold in October 2022.

In contrast, Toyota Corolla sales exhibited a relatively better performance, with a 24.19 per cent decrease on a month-over-month basis and a 56.69 per cent decrease on a year-over-year basis in Pakistan. 

To provide precise figures, Toyota Indus Motor Company sold 796 Corolla units in October 2023, as opposed to the 1838 units sold in October 2022.

Related


Read more