Business

Motorcycle sales surge 18 per cent in Pakistan

Published by
Staff Reporter

KARACHI: In August 2024, Pakistan witnessed a significant increase in motorcycle and three-wheeler sales, with a total of 104,234 units sold, marking an 18.02% rise compared to the same month last year.

This growth trend continues from July 2024, with a 22.64% increase from the previous month.

According to the Pakistan Automotive Manufacturers Association (PAMA), the first two months of the fiscal year 2025 saw sales of 189,227 units, a 16.87% increase from the same period last year.

Production also saw a notable increase, with 107,154 units manufactured in August 2024, a 29.69% rise from the same month last year.

However, Honda maintains its market dominance, selling 90,483 bikes in August, capturing an 86.81% market share. Its sales grew by 28.79% compared to July and 20.53% higher than August 2023.

Other notable performers include United Auto Motorcycle, Suzuki, and Sazgar Three Wheeler, with sales of 7,447, 1,906, and 1,643 units, respectively, in August 2024.

The first two months of fiscal year 2025 saw Honda sell 160,738 units, a significant increase from the same period last year.

Staff Reporter

Recent Posts

Iqrar Ul Hassan Family Celebration Sparks Debate On Social Media

Pakistani television host and investigative journalist Iqrar Ul Hassan has once again become a trending…

9 minutes ago

Samantha Ruth Prabhu Pregnancy Rumors Spark Buzz Among Fans

Popular South Indian actress Samantha Ruth Prabhu is once again making headlines, but this time…

45 minutes ago

Date to obtain BISP mobile SIM extended by June 30

KARACHI: An important alert has been issued for the deserving women of the Benazir Income…

1 hour ago

LPG profiteers selling gas above official rate of Rs 306

KARACHI: After the increase in the price of LPG, profiteers became unbridled and started selling…

1 hour ago

Muneeb Butt Muharram Majlis Appearance Wins Praise Online

Pakistani television star Muneeb Butt has received widespread appreciation from social media users after attending…

2 hours ago

Smartphone prices likely to drop by up to Rs16,000

ISLAMABAD: The prices of various smartphones in the country are likely to be reduced by…

3 hours ago