Dear Friends Auto Sector is on the verge of extinction and is slowly rolling it out to other companies. Now the bar tractor maker Millat Tractors has also announced to halt production due to its troubled sale. According to a post on the Pakistan Stock Exchange, the company has stopped production from December 11, 2019 to January 3, 2020. In the first 5 months of the current fiscal year, sales were down 48%. Due to which the company was forced to announce the decision.
On January 6, 2020, regular production will begin. According to Millat, the company faced 12 non-production days in November, but the company has shut down the plant for 20 days due to a continuous decline in bookings. In addition, the company has forced its regular employees to go on vacation.
Sales of fiat tractor-maker Al-Ghazi Tractor are also down by 27%.
However, if we talk about cars, Suzuki Alto, which had achieved the position of being the best selling car soon after the market slowed down. If we look at Suzuki's price in the first three months of Suzuki Alto, Had 2 reviews. On the arrival of the car, people were also criticized for its over-price, but Alto also broke the record for the highest sales in Suzuki history, which sold 4924 while the Mehran's almost forty. Were units.
However, if we talk about the current situation, the new Alto K craze seems to be declining because only 295 Seventy units of this car were sold in November as compared to October, which was four thousand forty eight in October. Were ... And if we talk about the Suzuki production line, Alto was the vehicle that supported the Suzuki, and in the time when Toyota and Honda encountered non-production designs, Suzuki did not face any new production. Whatever the situation there, Suzuki has increased the price of its mini SUV Gemini by one lakh rupees.
However, if we talk about Honda, it has also announced to work only eight days in December due to the turmoil. So with that, if we look at it, Honda has faced about one hundred and eight days of non-production deals in the last 184 days and sales of cars (City and Civic) have dropped by 70%. With this, the wait for the Pearl launch by Prince is not ending. But Prince Automobile has launched 2 new variants of its SUV -
Earlier, only one variant of the Glory 580 was available in the market, which was offered with a 1500 cc turbo engine and CVT transmission. But now the company has introduced the Glory's 1.5L manual and 1.8L automatic variant. Are the same. All these vehicles were imported in the form of CB units. Now, according to the company, the quota for CBU vehicles has been completed. And now the company will begin assembling these vehicles locally from June 2020.
Along with this, Regal automobile is providing 3 year or 60,000 km warranty on these vehicles through 3s dealerships located nationwide.
On the other hand, if we talk about Toyota deciding that it will shut down the Corolla's 1300cc variants and launch the new Yaris in its place, the car's highlights are coming to light. 1500cc and 1300cc engines will be introduced in variants of this car. One of the reasons for the decline in sales of Corolla is that people are waiting for a new car and they are refusing to buy 1300cc engine variants of Corolla. Also giving a discount on variants.If I speak on the basis of my limited analysis, the reason why Corolla's 1300cc engine cars were so popular was because this vehicle was used mostly commercially and because of its smaller engine, it was known as economical. Thi is now a compact sedan, but the Corolla, which is a bit bigger than the Yaris, may have increased the importance of the Corolla 1300cc variant in the coming days and these cars will be a priority for the people. Will join
If you are talking about the market, since Yaris is the new vehicle for the Pakistani market and it is considered a competitor of Honda City, then Honda also has a great opportunity to compete with this car. That is, the Fifth Generation of Italy Culinary Honda City has just been launched and this car has been introduced in Thailand with a thousand cc turbo engine which is the old city that we have a fifteencc engine. It is more powerful than this car, it is in the engine from this thousand. So if Honda Pakistan launches its Honda City Thousand cc variant in Pakistan after settling its deal with Honda Thailand then I think that car will be Pakistani market. Will rob the festival of
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