The first 5 months of the current fiscal year (2017-2018) proved to be beneficial for the auto industry as the production of cars and jeeps increased by 28.84%.
Cars & Jeeps
According to the latest data by Pakistan Bureau of Statistics (PBS),
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- Cars and jeeps manufactured during July-November (2017-2018): 97,036
- Cars and jeeps manufactured during July-November (2016-2017): 75,314
Light Commercial Vehicles (LCVs)
Production of LCVs increased by 19.20% this year as compared to last year.
- LCVs manufactured during July-November (2017-2018): 12,347
- LCVs manufactured during July-November (2016-2017): 10,358
Motorcycles
Motorcycles production increased by 18.16% this year.
- Motorcycles manufactured during July-November (2017-2018): 1,166,207
- Motorcycles manufactured during July-November (2016-2017): 987,546
Trucks
Production of trucks also surged by 24% in the current fiscal year, partly due to increased demand from CPEC projects.
- Trucks manufactured during July-November (2017-2018): 3,889
- Trucks manufactured during July-November (2016-2017): 3,212
Tractors
Production of tractors surged by whopping 64.05% percent this year.
- Tractors manufactured during July-November (2017-2018): 27,706
- Tractors manufactured during July-November (2016-2017): 16,889
Buses
The production of buses saw a decrease of 33.39% in the current fiscal year.
- Buses manufactured during July-November (2017-2018): 375
- Buses manufactured during July-November (2016-2017): 563
YoY Basis Production
Jeeps and Cars
On a year-on-year basis, the production of jeeps and cars increased by 17.61%.
- Units manufactured during November 2017: 18,963
- Units manufactured during November 2016: 16,124
LCVs
The production of LCVs saw a rise of 42.08%.
- Units manufactured during November 2017: 2,647
- Units manufactured during November 2016: 1,863
Motorcycles
The production of motorcycles surged by 3.55%.
- Units manufactured during November 2017: 224,918
- Units manufactured during November 2016: 217,207
Tractors
The production of tractors increased by 9.73% on YoY basis.
- Units manufactured during November 2017: 5,955
- Units manufactured during November 2016: 5,427
Trucks
Production of trucks witnessed a decrease of 2.96%.
- Units manufactured during November 2017: 656
- Units manufactured during November 2016: 676
Buses
Production of buses decreased by 73.24%.
- Units manufactured during November 2017: 19
- Units manufactured during November 2016: 71
Large Scale Manufacturing Industries (LSMI)
Overall, Large Scale Manufacturing Industries (LSMI) saw a remarkable growth of 7.19% during July-November 2017-2018 as compared to the same period last year.
- LSMI Quantum Index Numbers (QIM) during July-November (2017-2018): 134.94 points
- LSMI Quantum Index Numbers (QIM) during July-November (2016-2017): 125.89 points
The growth (highest to lowest wise) in the indices monitored by multiple entities:
- Ministry of Industries: 4.47%
- Provincial Bureaus of Statistics (PBOS): 1.94%
- Oil Companies Advisory Committee (OCAC): 0.77%
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