Automobile output increases over 10pc

ISLAMABAD: Production of various light automobiles increased by over 10 percent during the first four months of the current fiscal year as against the same period of last year.
The production of jeeps and cars during July-October (2011-12) increased by 11.97 percent as compared to July-October (2010-11), Federal Bureau of Statistics (FBS) reported.
As many as 49,558 jeeps and cars were produced during the period under review against the production of 44,261 units during last year.
The production of light commercial vehicles (LCVs) increased by 12.70 percent during the period under review by going up from 5,653 units last year to 6,371 units during the firs four months of current fiscal year.
The production of motorcycles also increased from 491,476 units during July-October (2010-11) to 538,048 units during July- October (2011-12), showing an increase of 9.48 percent, the date revealed.
On the other hand, the production of jeeps and cars surged by 32.31 percent during October 2011 as compared to the same month of last year.
The production of jeeps and cars was recorded at 16,214 units in October 2011 against the production of 12,255 units during October 2010, FBS figures revealed.
LCVs production also witnessed growth of 17.97 percent by increasing from 1,486 units during October…
Islamabad News Sources

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Posted by News Pakistan Admin on Jan 10 2012. Filed under Business, Latest News, National. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry