Production of cars, jeeps increases by 22.12 percent

The production of cars and jeeps increased by 22.12 percent during the first three quarters of the current fiscal year (2017-18) as compared to the corresponding period of last year.

 According to the data of Pakistan Bureau of Statistics, as many as 176,007 cars and jeeps were manufactured during July-March (2017-18) against the production of production of 144,129 units during July-March (2016-17).

The production of light commercial vehicles also increased by 21.29 percent by going up from output of 18,637 units last year to 22,605 units during the ongoing year while the production of motorcycles surged by 14.26 percent as its manufacturing increased from 1,847,903 units last year to 2,111,488  units during the current fiscal year.