{"id":8033,"date":"2024-09-15T07:11:12","date_gmt":"2024-09-15T07:11:12","guid":{"rendered":"https:\/\/gsrra.com\/?p=8033"},"modified":"2024-09-15T07:11:14","modified_gmt":"2024-09-15T07:11:14","slug":"sazgar-engineering-sets-high-sales-record","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=8033","title":{"rendered":"Sazgar Engineering Sets High Sales Record"},"content":{"rendered":"\n<p>Sazgar Engineering (SAZEW) has witnessed a significant year-on-year (YOY) of over 200% of its four-wheel off-road and passenger vehicles. According to the company\u2019s filings on the Pakistan Stock Exchange (PSX) on Thursday, 5th September 2024, it sold 953 units of off-road and passenger vehicles in August 2024. Compared to the 298 units sold in August 2023, it has marked an impressive 219.8% surge in year-on-year (YOY) sales.<\/p>\n\n\n\n<p>The company produced 941 units of cars in August 2024. Compared to the total 309 sales in the same month last year, its year-on-year (YOY) sales increased substantially by 204.53%.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Month-On-Month Rise In Sales<\/strong><\/h2>\n\n\n\n<p>If we talk about the monthly sales comparison, the company made a significant increase of 16% in month-on-month (MOM) sales with 953 units of off-road and passenger vehicles in August against 825 units in July 2024. In addition, production also marked a MOM rise of 6.21% in August 2024 with 941 units, increasing from 886 units produced in July 2024.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Increase in Sales Of Three-Wheelers<\/strong><\/h2>\n\n\n\n<p>Along with the year-on-year (YOY) and month-on-month (MOM) increase in sales of off-road and passenger vehicles, the company also made a significant move in its three-wheeler auto-rickshaw segment. Sazgar Engineering marked a 50.87% hike in YOY sales, with a total of 1643 units produced in August 2024. However, there were 1089 units of the three-wheelers auto-rickshaw in July 2024.&nbsp;<\/p>\n\n\n\n<p>Regarding the increase in production, the company produced 2023 three-wheelers in August, marking a YOY increase of 51.99% from the 1331 units manufactured in the same month last year. The monthly metrics indicate the increase in sales of three-wheelers as 1.17% (MOM). On the other hand, production saw a MOM (month-on-month) hike of 12.7%.<\/p>\n\n\n\n<p>The company is a leading manufacturer of CNG 4-stroke autorickshaws and automotive alloy rims.&nbsp; Moreover, it is leading the local market and expanding its network to the international market.<\/p>\n\n\n\n<p>Sazgar\u2019s new sales performance is impressive. What are your thoughts on this news? Please share your thoughts with us in the comments section.<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/www.pakwheels.com\/blog\/sazgar-engineering-sets-high-sales-record\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.pakwheels.com\/blog\/sazgar-engineering-sets-high-sales-record\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sazgar Engineering (SAZEW) has witnessed a significant year-on-year (YOY) of over 200% of its four-wheel off-road and passenger vehicles. According to the company\u2019s filings on the Pakistan Stock Exchange (PSX) on Thursday, 5th September 2024, it sold 953 units of off-road and passenger vehicles in August 2024. Compared to the 298 units sold in August [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8034,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[1961,132,105,1826,36,3679,3680,1784,850],"class_list":["post-8033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-business","tag-economy","tag-geopolitics-2","tag-modernization","tag-pakistan","tag-pakwheels","tag-sazgar-auto-industry","tag-technology-2","tag-evs"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/8033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8033"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/8033\/revisions"}],"predecessor-version":[{"id":8035,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/8033\/revisions\/8035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/8034"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}