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Home Breaking News

Motorbike, three wheeler sales increase 18.96pc in 4 months

byCT Report
16/11/2020
in Breaking News, Business, Latest News
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ISLAMABAD: The sale of motorbikes and three wheelers in the country witnessed an increase of 18.96 percent during the first four months of financial year (2020-21) as compared to the corresponding period of last year.

During the period under review, as many as 624,030 motorbikes and three wheelers were sold in July-October (2020-21) against the sale of 524,528 units in July-October (2019-20), showing growth of 18.96 percent, according to the Pakistan automobile Manufacturing Association (PAMA).

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The sale of Honda motorcycles went up by 20.55 percent from 335,134 units in last year to 404,005 units during current year whereas the sale of Suzuki motorcycles witnessed decrease of 4.17 percent from 6,917 units to 6,628 units .

Similarly, the sale of Yamaha motorbikes also went down from 8,707 units to 6,823 witnessing decreased of 21.63 percent while the sale of Ravi motorbikes witnessed a sharp decline of 55.53 percent from 5,289 units to 2,352 units during the period under review.

The sales of United Auto motorcycles increased by 17.76 percent from 113,887 units to 134,120 units while the sales of Road Prince motorcycles also increased by 19.40 percent from 42,795 units to 51,099 units.

Meanwhile, the sale of Road Prince three wheelers witnessed an increase of 66.40 percent from 2,459 units in last year to 4,092 units in the same month’s current year while the sale of Sazgar three wheeler also rose by 49.21 percent from 3,501 units to 5,224 units.

The sale of Qingqi three wheelers has shown increase of 105.76 percent by going up from 3,324 units to 6,840 units whereas the sale of United Auto three wheelers also rose 33.19 percent from 2,118 units to 2,821 units, the data revealed.

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