Dewan

Industry: Car sales during the closing fiscal grade (FY) 2009-10 have witnessed an increase of 49 share to reach 123,957 units as against 82,844 units in FY2008-09, data released by Pakistan Automotive Manufacturers Association (PAMA) showed Monday. gibe to the latest numbers by PAMA, the simple machine sector witnessed a positive trend and remained remarkably high as automobile reapingion - witnessing an increase of 44 percent to 121,647 units compared with 84,308 units come through year. The auto sector witnessed highest year-on-year (YoY) growth since FY04. This increase of 49 percent in sales during the said period is primarily attributable to raise liquidity from rural economy, consumers purchasing power along with up(p) macroeconomic situation in the country, said Furqan Punjani an analyst at Topline Research. Interestingly, car sales surged by massive 25 percent to 16,663 units in the month of June 2010 alone compared with May 2010. During FY10, Indus Motors recorded highest always sales of 50,823 (market share of 36 percent in FY10) versus 34,146 units last year (market share of 34 percent in FY09), up 49 percent YoY. Moreover, the biggest local car assembler - Pak Suzuki change 79,993 (market share 53 percent) versus 50,584 units last year (market share 51 percent), up 46 percent YoY.

PSMC was the primary beneficiary of forward motion in auto financing schemes due to a stronger correlation coefficient with its lower end products. However, the companys newly launched product Swift (1300CC hatch back) failed to post impressive volumes as just now 2,353 units have been sold since the car was launched in January 2010. However, Honda Car and Dewan Motors scattered their market share. Honda Car sales were marginally up by 6 percent to 12,980 units in FY10 - losing its market share from 12 percent to 9 percent. Similarly, Dewan Motors, which sold 2,207 units last year, was able to treat only 1,371 units in FY10. GROUP HISTORY In 1968, the Dewan Family, under the leadership... If you sine qua non to get a full essay, order it on our website: Orderessay

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