ISLAMABAD: The production of farm tractors in the country witnessed an increase of 55.1% to 17,098 units in the first four months of the financial year 2023-24, against the production of 11,027 units during the same months of the previous year 2022-23.
During July-October, the production of trucks witnessed a declining trend as it went down from 1,267 units as compared to 597, showing a decrease of 52.9 percent, as reported by the Pakistan Automobile Manufacturing Association (PAMA).
Production of pickups, Light Commercial Vehicles (LCVs) and Jeeps also dipped by 42% to 6,797 units during the months under review from 11,712 units during the fiscal year 2022-23.
The production of buses witnessed a decline of 57.7 per cent from 336 units to 142 units in the fiscal year 2024, according to PAMA.
Meanwhile, the production of passenger cars also saw a decline, totalling 19,861 units compared to 42,114 units during the July-October period, the data revealed.
The manufacturing of motorcycles and three-wheelers in the country decreased to 373,128 units from 413,151 units, showing a 9.7% decline, according to the provided information. —APP
