Motor bikes, 3-wheelers’ sale up 18% in FY 2017-18

ISLAMABAD:  Sale of motor bikes and three wheelers in the country during the year 2017-18 increased by 18.32 percent when compared to the sale during same period of fiscal year 2016-17.

The motor bikes sale rose to 1,929,613 units during July-June 2017-18 compared to sale of 1,630,735 units in same period of previous year.

On year-on-year basis, the motor bike and three wheelers’ sale in the country also rose to 156,497 units in June 2018 from 129,342 units in same month of last year, posting an increase of 21 per cent.

According to details issued by Pakistan Automotive Manufacturing Association (PAMA), sale of Honda bikes surged by 19.81 per cent as it jumped to 1,150,346 units in Jul-June (2017-18) from 960,105 units in same period of previous year.

On year-on year basis, the sale of Honda bikes also soared to 91,507 units in June 2018 compared to the sale of 71,465 bikes in same month a year ago, showing an increase of 28 percent.

Similarly, production of Suzuki two-wheelers also registered an increase of 17.5 per cent as it was recorded 21,724 units against the sale of 18,478 units in same period of last year, however DYL motorcycles’ sale fell by 22.8 per cent to 5,703 units during the period under review against the sale of 7,391 units in same same period of previous year.

The sale of Yamaha motorcycles also increased to 21,810 units in Jul-June 2017-18 from 13,282 units in same period of previous year thus registering an increase of 64 per cent.