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Sunday, October 2, 2022

Truck production increases by 77pc and Tractor production increases by 15pcYoY (Jul – Nov)

According to the Pakistan Automobile Manufacturing Association (PAMA), truck production increased by 77.60 percent during the months under review, rising from 1,326 units to 2,355 units.

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During the first five months of the current financial year 2021-22, the country’s agricultural tractor production increased by 15.07 percent to 22,034 units, compared to 19,147 units in the same months last year.

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Pickup production increased by 68.66 percent to 11,734 units in July-November 2021, compared to 6,957 units in the same months last year, while LCV, van, and Jeep production increased by 80.01 percent to 5,854 units in July-November 2021, compared to 3,252 units in the same months last year.

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Meanwhile, passenger car manufacturing increased by 68.39 percent during the period under review, rising to 85,083 units from 50,527 units in July-November 2020-21, according to the data.

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Motorcycle and three-wheeler output in the country fell to 797,245 units in July-November 2021 from 790,822 units in July-November 2020, a nominal gain of 0.81 percent, according to the report.

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