February Sales: Toyota Suffered a 26% Decline

Toyota sales in Pakistan suffered from a 26% month-on-month decline in February with sales falling to 2,040 units compared to 2,762 units sold in January.

Related: February 2024: Alto is Once Again Pak Suzuki’s Savior

The only models to witness more sales compared to the preceding month were Yaris and Fortuner, experiencing a marginal 5% and 10% surge respectively. Yaris saw 589 units sold in February whereas the Fortuner witnessed 156 units. Sales of Corolla witnessed a 9% decline, the newly launched Corolla Cross suffered from a 37% decline whereas the biggest loser turned out to be the Hilux, sales of which crashed by 75%.

corolla cross black

However, in terms of numbers, the Corolla Cross with 609 units once again emerged as the highest-selling vehicle in Toyota’s portfolio for the second month in a row. This was followed by Yaris and Corolla sedans with 589 and 565 units respectively.

Related: Pricey Hyundai Santa Fe Outsells Many Cars in Pakistan

Indus Motor Company (IMC) has recently announced a non-production days schedule due to a lack of parts in hand which is going to affect its production and sales in March. Overall, the auto industry continues to battle with depleting sales but the latest blow in the shape of an added 25% GST by the government will further impact the already declining sales of new cars in Pakistan.

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