Sales of motorcycles and three-wheelers drop by 34.50% in 4 months

ISLAMABAD, (UrduPoint/Pakistan Point News – November 18, 2022): The sale of motorcycles and three-wheelers has seen a drop of 34.50% in the first four months of the current financial year (2022-23) by compared to the corresponding period last year.

During the reporting period, no less than 412,111 motorcycles and three-wheelers were sold in July-October (2022-23) compared to the sale of 629,212 units in July-October (2021-22), a decrease of 34.50%, according to the Pakistan Automobile Manufacturers Association (PAMA).

Sales of Honda motorcycles fell 20.61 percent from 435,072 units last year to 345,381 units in the current year.

However, the sale of Suzuki motorcycles saw a 16.04% increase from 11,661 units to 13,532 units.

Similarly, the sale of Yamaha motorcycles fell from 8,098 units to 4,856, a decrease of 40.

30% while the sale of Ravi motorcycles saw a sharp drop of 83.70% from 1,810 units to 295 units during the period under review.

Sales of United Auto motorcycles declined to 30,337 units from 115,374 units, while sales of Road Prince motorcycles also fell 72.24% from 43,940 units to 12,194 units.

Meanwhile, the sale of Road Prince three-wheelers saw a drop of 74.96%, from 3,128 units last year to 783 units in the same month of the current year, while the sale of three -Sazgar wheels also decreased to 2,193 units from 4,213 units.

The sale of Qingqi three-wheelers also registered a 58.09% drop from 4,718 units to 1,977 units, while the sale of United three-wheelers fell to 521 units from the sale of 1,197 units, revealed the data.

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