Sales of motorcycles and three-wheelers increased slightly in May
The sale of motorcycles and three-wheelers increased slightly in May 2022 to 148,002 units compared to the sale of 147,729 units in the same month of the previous year, showing an increase of 0.18 pc.
On a monthly basis, the sale decreased by 2% in May 2022, compared to the sale of 151,705 units in the previous month of April 2022.
On average, the sale of motorcycles and three-wheelers also saw a drop of 3.9%, with sales falling from 1,747 million units recorded in July-May (2020-21) to 1,679 million units during the same period of the current fiscal year.
Latest data released by Pakistan Automobile Manufacturing Association (PAMA); Sales of Honda motorcycles fell from 1.182 million units in the 11 months of the prior fiscal year to 1.25 million units in the same period of the current fiscal year. Similarly, the sale of Suzuki motorcycles also increased from 22,085 units to 34,578 units during the period under review. Likewise, the sale of Yamaha motorcycles also saw an upward trend as it increased to 21,496 units from 19,324 units in the corresponding year last year.
The sale of Ravi motorcycles, however, plunged to 3,160 units in 11 months of the current financial year compared to the sale of 5,788 units during the corresponding period of the previous financial year. Sales of United Auto motorcycles also declined from 341,151 units to 248,670 units in the 11 months of the current fiscal year.
Sales of Road Prince Motorcycles also saw a sharp drop of 35%, from 131,171 units to 84,251 units in July-May (2021-22). Among three-wheelers, the sale of Sazgar Three Wheelers has increased from 13,723 units in July-May (2020-21) to 13,886 units this year. United Auto Three Wheelers sales fell sharply, plunging to 2,853 units from 6,194 units.