12/08/2022
Toyota Pakistan Records Lowest Sales in
Two Years
Inflation and operational challenges have finally
caught up with the local car industry as Toyota Indus
Motor Company (IMC) recorded a monthly sales
decline of around 60 percent in July 2022.
$ According to an industry source, the company sold
just over 2,370 units in July 2022. This marks the first
time since the first wave of COVID19 in 2022 that IMC
has sold fewer than 2,500 units in Pakistan.
9 The company's worst ever figure was recorded in
May 2020
- at around just 500 units - which took
place during the first COVID-19-induced countrywide
lockdown.
