KARACHI: Auto sector, except for tractors, clocked zero sales in the domestic market during April, because of the lockdown restrictions.
The car production and sales nosedived to 88,628 and 86,330 units respectively (-52 percent), year-on-year basis.
April data compiled by Pakistan Automotive Manufacturers Association (PAMA) shows negligible sales of some auto assembling companies in the country. While, few car makers managed some sales despite zero production.
Dawn newspaper reported that in the two/three-wheeler segment, only Atlas Honda Limited (AHL) sold 2,783 units the following month, while there was no production. Rest of the manufacturers neither assembled nor sold any units.
A PAMA official, on condition of anonymity, said, “I have never witnessed zero production and sales in auto history for an entire month and the situation looks the same for May, which is alarming for the auto sector.”
Production and sales/ purchase were suspended under the lockdown imposition since the third week of March this year to contain the spread of COVID-19
While, markets have started opening by adopting the standard operating procedures introduced by the government, but auto sector has not been allowed to resume its activities.