Sale of cars soars 27 per cent
ISLAMABAD (APP) – Sale of cars went up about 27 per cent in the country as compared to the same month last year.
As many as 15994 car units were sold whereas the production of cars also increased to 15804 last month showing increase of 24 percent, Pakistan Automotive Manufacturers Association told a TV channel. Despite ongoing import of car units from other countries and increase in the production of cars in the country, the demand of cars in market is increasing day by day.
The sale and production of cars was 13610 and 12692 units during February 2006, respectively. Increase in sale and production of car units in March, as compared to February 2006, was 27 percent and 16 percent respectively.
Production of truck units also increased to 437 by 16 percent in March. However, Only 395 Trucks could be sold showing decrease by 16 percent as compared to the month of February.
Production and sale of motorcycles went high 11 percent and 10 percent respectively. Around 42707 motorcycles were produced during March 2006.