Sales of Indus Motor edged down 2% in the first two months as July saw less working days due to extended holidays. The company sold 9,628 units during the period.
In August alone, sales were flat with the company operating at full production capacity.
Sales of Corolla fell 8% month-on-month to 4,572 units, thanks to the introduction of a new Civic model by rival Honda Atlas Cars. Hilux demand, however, accelerated 61% month-on-month to 809 units.
Honda Atlas Cars sold 5,295 units in the first two months of FY17, recording an increase of 15% year-on-year. Sales for August soared 59% to 3,174 units.
The increase came mainly on the back of demand for the new Civic model, which generated great interest among the customers.
According to an advertisement published a few weeks ago, Civic orders have been completely booked for 2016 and delivery for the bookings being done now will be made in 2017.
Published in The Express Tribune, September 16th, 2016