Sazgar Engineering Works Limited reported a 41.7% decline in four-wheeler sales and a 1.5% drop in production in November 2024, while three-wheeler sales fell by 17.7% and production decreased by 14.6% compared to October, according to the company’s filing on PSX today.
In the three-wheeler segment, production in November stood at 2,152 units, down from 2,520 units in October, while sales dropped from 2,401 units to 1,976 units.
For four-wheelers, production in November was 993 units, slightly lower than October’s 1,008 units. Sales dropped significantly to 584 units in November, compared to 1,002 units in October.
Sazgar Engineering, incorporated in Pakistan in 1991 and later converted to a public limited company in 1994, is engaged in the manufacture and sale of automobiles, automotive parts, and household electric appliances.
