The production of automobiles witnessed a 1.28% increase during the first eight months of the fiscal year 2018-19 compared to the same period of last fiscal year, according to Pakistan Bureau of Statistics.
As many as 156,720 vehicles (passenger cars & SUVs) were manufactured during July-February (2018-19) compared to 154,732 units during July- February (2017-18). However, the production of light commercial vehicles (LCVs) witnessed a sharp decline of 12.78% by going down from 19,907 units last year to 17,363 LCVs during FY 2018-19.
Related: Winners and Losers of March 2019
Production of motorcycles during this period also decreased by 10.01% declining from 1,857,210 units last year to 1,671,346 units during FY 2018-19.
The production of trucks also decreased from 6,081 units last year to 4,679 units, showing decline of 23.06% while the production of tractors decreased by 30.05%, from 45,576 units to 31,879 units. On the other hand, production of buses during this period witnessed positive growth of 23.61% by going up from 487 units to 602 units.
A 3d animation professional with over 20 years of industry experience having served in leading organizations & production facilities of Pakistan, an avid car enthusiast and petrolhead with an affection to deliver writings to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com