Pakistan's Iconic Alto Faces an Impending Sales Disaster

Pakistan's Iconic Alto Faces an Impending Sales Disaster
Pakistan's local auto industry is facing significant challenges due to import curbs imposed by the State Bank of Pakistan. The result has been a significant decline in sales, non-production days, and dwindling profits for local car manufacturers. This article will examine the impact of these import curbs on Pakistan's auto industry, with a specific focus on the Pak Suzuki Company and the declining sales of their bestselling car, the Alto.
Impact of Import Curbs on Pakistan's Auto Industry
The import curbs imposed by the State Bank of Pakistan have caused significant disruptions in Pakistan's auto industry. Non-production days, a slump in sales, and zero inventory have all had a detrimental impact on local car manufacturers. The local auto industry, which is heavily dependent on imported CKD kits, has been hit hard by the import curbs, resulting in a shortage of supplies and a decline in production.
Suzuki and Declining Sales of the Alto
The Pakistan Suzuki Motor Company (PSMC) has been one of the hardest-hit automakers in Pakistan due to the import curbs. The company, which has a market share of over 50%, has seen a significant downtrend in sales since the beginning of 2023. Of particular concern is the decline in sales of the Alto, the company's bestselling car. In the first two months of 2023, the company sold only 588 units of the Alto, compared to 11,039 vehicles in the same period last year, a decline of 95%.
Record Sales of the Alto in 2022
Despite the current decline in sales, Alto had a successful year in 2022, with PSMC selling 66,427 units of the car, considered a record figure for the company. Overall, the company sold 125,947 units in 2022, with 53% being Altos. The car sales stood high for seven months in 2022, surpassing the previous highest monthly sales of the Suzuki Mehran.
Month | 2022 Sales | 2023 Sales | % Change |
January | 3,864 | 588 | -84.8% |
February | 7,175 | 588 | -91.8% |
Total | 11,039 | 1,176 | -89.4% |
Suzuki
Alto
Suzuki Alto 2023
Alto Sales 2023
Suzuki low Sales
Suzuki Mehran 2022
Suzuki Mehran
Suzuki Wagon R
Suzuki Alto
« PREV POST
Hyundai Sonata Facelift Revealed Photos
Hyundai Sonata Facelift Revealed Photos
Related Auto News Updates
Suzuki Alto Details
- Suzuki Alto
- Suzuki Alto Price in Pakistan
- Compare Suzuki Alto
- Suzuki Alto Images
- Suzuki Alto Specs
- Suzuki Alto User Reviews
- Suzuki Alto 360 View
- Suzuki Alto Variants
- Suzuki Alto Videos
- Suzuki Alto Colors
- Suzuki Alto Dealers
- Suzuki Alto Brochure
- Suzuki Alto Mileage
- Suzuki Alto News
- Suzuki Alto Spare Parts
- Suzuki Alto Maintenance Cost
- Suzuki Alto FAQs
- Suzuki Alto for Sale
- Suzuki Alto Fuel Cost
- Suzuki Alto Forum
Suzuki Alto Latest Discussions
Comments
New 2025 Car Comparisons
Suzuki Alto Discussion Forums
General Forums:
Specs Forums:
Engine/Drivetrain Issues Forums:
Exterior Issues Forums:
Mechanical Issues Forums:
Electrical Issues Forums:
Tires and Braking Forums:
Add a Comment "Pakistan's Iconic Alto Faces an Impending Sales Disaster"