Output of LCVs increase 22.18 pc in 8 months

17
Islamabad

The production of Light Commercial Vehicles (LCVs) has witnessed 22.18 percent increase during the eight months of the financial year 2020-21 against the output of the same period of last fiscal year.

As many as 12,136 LCVs were manufactured during July-February (2020-21) as compared to the production of 9,933 LCVs manufactured during July-February (2019-20), showing growth of 22.18 percent, according to official data revealed by Pakistan Bureau of Statistics (PBS).

During the period under review, the production of cars and jeeps also increased by 12.08 percent as it surge from 85,149 units last year to 95,436 units during 2020-21.

The production of motorcycles during the period under review rose by 15.75 percent by going up from the output of 1435,701 units last year to 1661,758 units during current year.

However, the production of trucks decreased from 2,425 units last year to 2,021 units.—APP