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Carmakers’ sales jump 1.3pc in Aug
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Ghulam Raza Rajani
KARACHI: Sales of automobile grew 1.3 per cent to 11,076 units in the month of August 2010 as compared to 10,942 units sold a month ago. According to the latest data released by Pakistan Automotive Manufacturers Association (PAMA), however, during this month aggregate production of car, LCV, and pickup vans dropped 28.9 per cent to 10,240 units over 14,410 units in the precious month of July.
The auto sales marked in August were against the general expectation that floods which have been playing havocs for more than a month would dampen auto sales.
But, growth in sales hit the expectations. Among local auto assemblers, Pak Suzuki witnessed a substantial boost in sales during August. The auto assembler sold out 6,479 units in this month, recording a 43.9 per cent surge in its sales over 4,503 units a month earlier.
On the other hand, Indus Motor recorded a major decline of 32.8 per cent in sale to 3,360 units as compared to 4,999 units.
Notably, auto sale was meagerly up 0.5 per cent as compared to 11,017 units in August 2010.
For two months (July, Aug, 2010), cumulative sales of car, LCV, and pickup rose 5.3 per cent to 22,018 units versus 20,913 units in the corresponding period last year.
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