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September 29, 2006 Friday Ramazan 5, 1427





Automobile imports rise



By Our Reporter


ISLAMABAD, Sept 28: The import of vehicles in completely-built unit (CBU) condition witnessed growth of 83 per cent during the first two months (July-Aug) of the fiscal year 2006-07 over the same months last year.

Official figures available with Dawn, however, showed that the imports of CKD/SKD kits by the local cars assemblers down by 43.32 per cent during the period under review.

This showed that the marked reduction in the import of kits by the local assemblers would lead to lesser production following massive rise in the imports of complete cars from various countries.

Among the CBU group, import of buses, trucks and other heavy vehicles rose by 16.84 per cent, motor cars 126.24 per cent and motorcycles 47.81 per cent during the months of July-Aug 2006 over the same months last year.

The CKD/SKD units imported for assembling buses, trucks and other heavy vehicles declined by 34.26pc followed by motor cars 47.41pc and motorcycles 30.56pc during the months under review over last year, respectively.






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