Motorbikes, three-wheelers sale decreases 3.10% in FY 2023-24

ISLAMABAD, Jul 15 (APP):The sale of motorbikes and three-wheelers in the country witnessed a decrease of 3.10 per cent during the fiscal year (2023-24) as compared to sales of the corresponding period of the last year.
During July-June 2023-24, as many as 1,150,112 motorbikes and three-wheelers were sold against the sale of 1,186,969 units in July-June (2022-23), according to the Pakistan Automobile Manufacturing Association (PAMA).

The sale of Honda motorcycles dipped by 0.21 per cent from 1,005,408 units to 1,003,253 units whereas the sale of Suzuki motorcycles witnessed a decrease of 42.35 per cent from 29,274 units to 16,876 units during the year under review.
Similarly, the sale of Yamaha motorbikes also went down from 13,217 units to 6,562 units while the sale of Road Prince motorbikes witnessed a sharp decline of 42.04 per cent from 27,690 units to 16,049 units.

The sales of United Auto motorcycles witnessed a decrease of 9.48 per cent from 91,347 units to 82,683 units.
Meanwhile, the sale of United Auto three-wheelers however surged from 1,708 units to 2,095 units showing growth of 22.65 percent, while the sale of Sazgar three-wheelers also witnessed an increase of 35.88 per cent from 9,381 units to 15,014 units.

The data revealed that Qingqi three-wheeler sales had decreased by 19.87 per cent from 6,564 units to 5,977 units whereas sales of Road Prince three-wheelers also witnessed a decrease of 60.04 per cent from 1,677 units to 1,303 units.