Sazgar: Three-wheeler sales down by 45% MoM in February

MG News | March 09, 2022 at 01:21 PM GMT+05:00

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March 09, 2022 (MLN): Sazgar Engineering Works Limited (SAZEW) sold units of 1,504 Auto Rickshaw during the month of February 2022, which was around 45% MoM lower than the sales of 2,731 units made in the previous month, the company’s filing on PSX said today.

In an announcement regarding the sales and production data of three-wheelers for the month of February 2022, the company informed that the production for the month totalled 1,553 units, i.e., almost 1% higher than the units produced during the previous month.

In addition, the company sold 43 units of four wheelers-off road and passenger vehicles against the production of 43 units during the said month under review.

Sazgar is a premier manufacturer of CNG 4 Stroke Auto Rickshaw (3 Wheelers) and Automotive Wheel Rims. With manufacturing facilities based in Pakistan and a Global Dealer Network, Sazgar is leading the market in Pakistan and also exporting to international markets.

Last year, the company had been awarded “Category -A, Greenfield Investment status” by the Ministry of Industries & Production of Pakistan.

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