Did you buy a Honda CD 70/CG 125 recently? If so you are among the hundreds of thousands of Pakistani citizens that bought a motorcycle recently.
According to reports, the motorcycle industry in Pakistan has seen record levels of sales in the last 7 months. The sales amounted to Rs. 38 million. This increase in bike sales can also be attributed to the rising number of middle class households in the country.
Read More: Pakistan’s Middle Class the Key Driver as the World Takes Notice
The total number of motorbikes stands at around 933,000 compared with around 770,000 sold during the same period last year.
Overall sales have increased by 21% from July 2016 to January 2017.
In 2016 alone Pakistan produced 2 million motorcycles, with 46% of those being made by Atlas Honda, one of the leading motorbike brands in the country.
Here are the number of bikes manufactured by each company in the 2015-2016 fiscal year:
Although a motorcycle is considered as the cheapest personal transport vehicle in Pakistan, it has its own share of problems. It is the leading cause of traffic accidents. Bike riders are also more prone to breaking traffic laws compared with any other mode of transport according to publicly available data. This is further evident by the fact that 80,000 challans were served to bike riders alone in just one month in Lahore.
This is part of the reason why a new traffic system is being implemented in Lahore which will have separate lanes for motorcyclists in the city. New traffic lights as well as number plate reading cameras were installed in the city for the new system.
Via MoreNews