In May, Pakistan's locally produced light vehicles sold 22,893 units, up 45.8% year-on-year. The market performed well, increasing by nearly 50%. Except for baiqi, the first brother of this market, which did not have last year's sales data reference, the brands participating in the competition recorded growth.
In terms of Chinese brands, BAIC has just joined the competition in the market, selling 75 vehicles, enough to rank 5th. Jianghuai Automobile sold 66 vehicles, an increase of 46.7% year-on-year, slightly better than the industry average.
Hyundai was the best performing brand, up 168.4% year-on-year, and was the only car brand to have more than 1x growth. 1,710 cars were sold, giving it a market share of 7.5%.
With 12,212 units sold, Suzuki is the only car brand that has sold more than 10,000 units. The market share is 53.3%, accounting for half of Pakistan's domestic automobile market. Up 47% year-on-year, the performance is also better than many competitors.
Toyota ranked second in sales, selling 5,882 cars, less than half of Suzuki's sales, and was far behind. The year-on-year increase was 25.8%, far lower than that of many peers, and the performance was not good.
Honda ranked third with sales of 2,910 units. However, sales are a long way from Toyota, which ranks Second. Sales are less than one-half of Toyota's. The year-on-year increase was 45.4%, reaching the industry average.
In terms of models, Suzuki Alto is the best seller. Y/y increased by 61.8%, with 5,261 units sold. It is the only model to sell more than 3,000 units. Market share 23.9%. That is, 2 out of 10 people who buy a car will choose Alto. It can be seen that the heat of this car in the Pakistani market.
The second-highest-selling toyota Corolla, with 2,328 cars bought. Sales are less than one-half of Alto's. Yes, the market share also reached 10.2%. 1 in 10 people who buy a car choose Corolla.
Although the Pakistani auto market performed well in May, sales of popular models still recorded a decline. Toyota Yaris, Suzuki Cultus and Ravi are the three models in the top ten models that have seen year-on-year sales decline. Year-on-year declines of 7.8%, 30.2% and 8.5% respectively.