Motorbike, three wheeler sales decline by 11% in 7 months
ISLAMABAD: The sale of motorbikes and three wheelers witnessed declined of 11 percent during the first seven months of the current financial year (2019-20) compared to the corresponding period of last year.
During the period under review, as many as 942,265 motorbikes and three wheelers were sold in July-January (2019-20) against the sale of 1,058,667 units in July-January (2018-19), showing negative growth of 11 percent, according to Pakistan Automobile Manufacturing Association (PAMA).
The sale of Honda motorcycles in the country witnessed decrease of 4.49 percent and declined to 610,189 units this year against 638,903 units last year whereas the sale of Suzuki motorcycles also dipped by 7.25 percent to 12,741 units from 13,738 units last year, in addition the sale of Yamaha motorbikes however witnessed increase of 19 percent from 2,009 units to 1,675, it added.
Similarly, United Auto motorcycles also went down from 232,745 units to 194,909 units, showing decrease of 16.25 percent while the sales of Road Prince motorcycles decreased by 27.86 percent from 74,017 units to 102,610 units.
Meanwhile, the sale of Road Prince three wheelers witnessed decrease of 13.01 percent from 6,316 units in last year to 5,494 units in the same months of the current year.
The sale of Qingqi three wheelers has shown decrease of 42.75 percent by going down from 13,646 units to 7,812 units whereas the sale of United Auto three wheelers dropped by 48.71 percent from 7,234 units to 3,710 units, the data revealed. – APP