Industry

Cars Production Rises 19% In First Half Of 2017-18

ISLAMABAD, Jan 12 (APP):The production of cars in the country increased by 19.46 percent during first half (July-December) of 2017-18 compared to same period of the preceding year as during the period under review, 107,787 cars were manufactured in the country against manufacturing of 90,222 units during same period of last year.

The production of cars during December 2017 also increased by 9.72 percent and 2.92 percent when compared with the production during December and November 2017 respectively.

According to data released by Pakistan Manufacturers Association (PAMA) on Friday, as many as 16,598 cars were manufactured in December 2017 as compared to 15,127 units in December 2016 and 16,127 units in November 2017.

The breakup figures show that 19,573 units of Honda civic and city were manufactured during Jul-Dec 2017-18 as compared to the production of 16,342 units during the same period of the preceding year.
Similarly Swift also witnessed a growth of 9.94 percent as its production rose to 2,466 units in the fist half of current fiscal year from 2,243 units in Jul-Dec 2016-17.

Toyota Corolla cars’ production, however, witnessed the negative growth of 2.58 percent as it went down to 25,102 units in July-December 2017-18 from 25,768 units in same period of previous year.

Similarly, the manufacturing of Suzuki Cultus rose to 9,984 units in the period under review whereas, during the same period last year, the production was recorded at 9,195 units.

The production of Suzuki Wagon R witnessed a sharp of 100 percent to 15,670 units from 7,807 units in the period July-December 2016-17.

Production of Suzuki Mehran also witnessed an increase of 28.56 percent during the corresponding period as it rose to 23,489 units in Jul-Dec 2017-18 from 18,270 units in same period of last year.
Likewise, manufacturing of Suzuki Bolan also rose to 11,503 in the first half of current fiscal year as compared to production of 10,419 units in Jul-Dec 2016-17.

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