rewrite this title with different wordingAtlas Honda Recorded Highest Sales in 2024 Last Month

Each month, PAMA issues the monthly sales production report of all 2, 3, and 4-wheeler vehicle sales. While we’ve covered the car sales report, here’s the detailed breakdown of the report related to 2-wheeler sales for the May 2024 PAMA report. 

Brand Wise Sales for May 2024

Here are the May 2024 sales of each 2 and 3-wheeler brand:

Atlas Honda Takes 87% Market Share

In the PAMA Report, the AHL reported selling 103,297 units in May 2024, surpassing all previous monthly sales figures for the year. The total sales of 2-wheelers for the month were 118,811 units, which means that Atlas Honda alone captured 87% of the market share.

Although consumers mostly criticize Atlas for producing low-quality motorcycles and charging a huge sum of money, i.e., 160k PKR for the most basic CD70 and 230k PKR for the 80s CG125, Atlas is still ruling the 2-wheeler market with no competition behind it.

United Dominates in Locally Produced Motorcycle Market

United took the #1 market share in locally produced motorcycles, also known as “China bikes” in the local market. In May 2024, United sold 9,131 units, surpassing the second-most-selling local 2-wheeler company, Road Prince Motorcycle, which sold only 1,429 units. In % change, United sold 538% more than the Road Prince.

MoM and YoY Change

Compared to last month, i.e., April 2024, sales increased by 10%. The previous month’s cumulative sales figure was 107,590 units; in % change, it’s a 10% increase. 

Now, compared to last year’s May 2023 sales, it’s a 22% increase. The May 2023 sales were 97,189 units, and May 2024 sales were 118,811 units.

These were the sales reports for May 2024. Let’s see what the new IMF deals bring to the motorcycle market.