LAHORE - Tractor sales posted a hefty decline of 38 per cent annually in first 10 months of fiscal year 2012 to 34,464 units on the back of lower farm incomes and plant shutdowns during Dec-Jan 2012. However, April sales showed a rise of 15 per cent to 6,295 units.
According to the latest figures, total car and LCV sales witnessed a growth of 14 per cent YoY to 143,009 units during 10MFY12 compared to 125,102 units sold in the same period last year. Growth in sales was primarily led by Pak Suzuki Motors (PSMC) with 30 per cent YoY uptick to 90,197 units followed by Indus Motor (INDU), up 5 per cent YoY to 44,061 units. Honda Atlas Cars (HCAR) recorded a decline of 36 per cent YoY to 8,751 units during the period.
Suzuki’s Bolan stayed the star performer posting 49 per cent YoY growth to 17,284 units in 10MFY12 followed by Mehran, up 38 per cent to 28,849 units. Alto sales were up 22 per cent YoY to 12,833 units whereas Cultus reported 18 per cent YoY growth to 11,309 units in 10MFY12.

The new Swift also showed an impressive  80 per cent growth to 5,909 units in the same period.
Corolla posted 7 per cent YoY growth to 37,245 units. Hilux recorded impressive 64 per cent YoY growth to 3,317 units whereas Cuore posted a decline of 30 per cent YoY in 10MFY12.
PSMC witnessed a growth of 18 per cent YoY with 8,837 units sold during the month whereas INDU sales grew by 11 per cent YoY to 5,203 units.