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Thursday, March 10, 2011

Used cars arrival: No impact on sale of local assemblers


KARACHI, March 10: The arrival of used cars (up to five-year old) since January onwards did not make
any adverse impact on sale of locally-assembled cars, which jumped to 84,225 units during July-February
2010-2011 from 75,275 units in the corresponding period last year.
However, the overall car sales in February 2011 dropped to 11,645 units from 12,934 units in January 2011
but it rose when compared with February 2010 sales of 10,310 units.
Car sales in February 2011 as compared to January 2010 fell mainly on account of lower working days. In
January 2011 car sales rose to 12,934 units compared to 7,446 units in December 2010.