A year has passed since import restrictions on automobiles were implemented. Since May 2022, the industry’s production, sales, and revenue have been steadily declining. As a result, the auto industry’s expansion has come to a grinding halt.
According to the data from Pakistan Automotive Manufacturers’ Association (PAMA), bike sales are down 15% in June 2023, compared to last month. Atlas Honda sold 75,056 bikes, down 14% month over month (MoM).
Pak Suzuki sold just 363 motorcycles in June, down 56% compared to May 2023. Yamaha sold 942 motorcycles in June, down 15% compared to the previous month. Sales of Chinese motorcycles fell by up to 22% compared to the previous month.
The data makes no mention of the reason for the reduction. Analysts believe that import restrictions and associated production halts are likely affecting bike manufacturers.
Some industry watchdogs believe that the motorcycles’ exaggerated prices are also to blame. While market rumors suggest that imports have been restored for the auto sector, sales will most likely stay weak for the foreseeable as the industry makes a slow recovery from the economic and operational challenges.
Honda deluxe model 2008
I’m need to Honda
Firt and for most is that Suddenly increase in rate of bikes as other vehicles
Secondly inflation makes lives of people challange due to mismanagement of concerned.
I need for Suzuki gd110s
Honda 125 special addition
They are charging way too much and prices are increasing on much higher rate than ever without any justification. They have literally broke the back of common man and even purchasing an old bike is becoming so difficult than before. They are charging prices equal to price of old good car like around 3.5 lac to 4.70 lac.
I need too Suzuki 110
Ali
Peepy agr 3,4,4 lakh mei bechen gy to ye kam to hona
It doesn’t take an “Industry Watchdog” to conclude that overpriced motorcycles are the leading cause of decline in sales lol.
Enough with the import restrictions and manufacturing halt BS. Please!!!