Motorbikes’ production declines 6.78 per cent

F.P. Report

ISLAMABAD: The production of motorbikes and three-wheelers in the country declined by 6.78% during July-April (2018-19) over same period of previous year.

According to latest data released by Pakistan Automobile Manufacturing Association (PAMA), the motorbikes’ production decreased from 1.6 million units in July-April 2017-18 to 1.494 million units in first 10 months of current fiscal year.

On yearly basis, the production of motorbikes also fell to 151,873 units in April 2019 from 178,488 units in same month of the preceding year, thus posting a decline of 14.9 per cent.

According to details, the production of Honda two-wheelers witnessed a decrease of 2.6% as it fell to 929,154 units in July-April 2018-19 against the production of 954,072 units in same period of previous year.

On year-on-year basis, production of Honda bikes also decreased by 13.21% to 100,652 units in April this year from 115,972 units in same month last year.

Production of Suzuki bikes however increased by 12.11% to 20,169 units from 18,461 units while production of DYL bikes fell sharply to 3,239 units in July-April (2018-19) from 5,124 units in previous year.

The production of Qingqi three-wheelers also witnessed a decline of 15,9% as it fell from 22,440 units in 10 months of previous fiscal year against the production of 18,862 units this year.

Likewise, production of Sazgar three-wheelers also went down to 14,096 units this year from 18,740 units during the corresponding period of last year, posting a decline of 24.78%.

Yamaha bikes’ production during the period under review witnessed a rise of 46.8% which during the corresponding period of current fiscal year rose to 22,910 units against the production of 15,599 units recorded during same period of previous year.

The production of United bikes also dropped to 307,783 units in July-April (2018-19) from 337,999 units in same period of last year, post a decline of 8.93%, whereas Road Prince motor bikes’ production fell by 25.66% to 136,057 units from 183,020 units during the corresponding period of last year.