Honda leads motorcycle sales, selling over 70,000 bikes in a month despite high prices

Sales of motorcycles and three-wheelers in Pakistan rose by 15.5 per cent year-on-year in July 2024, reaching 84,993 units.

This compares to 73,588 units sold during the same month last year, according to the latest data from the Pakistan Automotive Manufacturers Association (PAMA).

However, on a month-on-month basis, sales declined by 5.45 per cent, down from 89,895 units in June 2024.

Production figures for motorcycles and three-wheelers showed a total of 85,516 units in July, marking an 11.55 per cent increase from 76,661 units produced in July 2023. Conversely, production fell by 2.65 per cent compared to the 87,844 units manufactured in June 2024.

Honda remained the market leader with 70,255 units sold in July, capturing an 82.66 per cent market share. This represents a 12.4 per cent decrease from the previous month but a 13.29 per cent increase compared to July 2023.

United Auto Motorcycle and Suzuki ranked second and third, with sales of 9,202 and 1,643 units, respectively.

Sazgar Three Wheeler sold 1,624 units in July, reflecting a 10.67 per cent decrease from the previous month but a significant 113.4 per cent increase compared to July 2023.