Yamaha halts motorcycle production in Pakistan, will continue after-sales services

The logo of Yamaha Motor Co. is pictured at the 45th Tokyo Motor Show in Tokyo, Japan, on October 25, 2017. (REUTERS/File)
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Updated 10 September 2025
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Yamaha halts motorcycle production in Pakistan, will continue after-sales services

  • Subsidiary of Japan’s Yamaha Motor Co. to stop local assembly after a decade in Karachi
  • July sales of two- and three-wheelers up 44 percent year-on-year but down 12 percent month-on-month

ISLAMABAD: Yamaha Motor Pakistan Ltd, a subsidiary of Japan’s Yamaha Motor Co., has announced it will discontinue motorcycle manufacturing in Pakistan but continue to supply spare parts and honor warranty services, the company said this week.

YMPL, which began operations in Karachi in 2015 with an initial workforce of 200 employees, was the sole assembler and distributor of Yamaha-branded motorcycles in the country. 

“Due to a change in our business policy, we would like to inform you that we will discontinue manufacturing of motorcycles,” YMPL said in a statement on Tuesday. “We sincerely appreciate your long-standing support and loyalty over the years.”

The decision comes even as industry sales have rebounded, though monthly figures show signs of volatility, according to brokerage Topline Securities.

In its report from last month, the firm said sales of two- and three-wheelers rose 44 percent year-on-year but fell 12 percent month-on-month to 122,441 units in July 2025. Newly included electric motorcycles and three-wheelers accounted for 542 units of the total, while Road Prince figures were still awaited and could add about 2,000 units.

The mixed sales trend underscores both the volatility of demand and the growing diversification of Pakistan’s motorcycle market, which remains dominated by Honda, Suzuki and dozens of low-cost Chinese assemblers.

Together, these companies produce more than a million motorcycles annually, with most parts sourced locally. The two-wheeler sector not only provides essential transport for millions of households but also generates jobs and supports the wider economy.

Despite inflation, currency depreciation and shifting demand, motorcycles remain the most resilient segment of Pakistan’s auto industry, underpinned by affordability and everyday mobility needs.
 


IsDB announces $2.41bn in new financing for strategic development sectors

Updated 24 February 2026
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IsDB announces $2.41bn in new financing for strategic development sectors

JEDDAH: The Islamic Development Bank has approved $2.41 billion in new financing for a series of transformative projects during its 364th Executive Board meeting, chaired by IsDB President Mohammed Al-Jasser.

The approvals underscore the bank’s ongoing commitment to regional cooperation, economic development, and climate- and environment-friendly investments that advance the UN Sustainable Development Goals across its member countries.

The new financing includes an additional $40 million for the Central Asia–South Asia Electricity Transmission and Trade Project (CASA-1000) in Tajikistan, aimed at boosting regional energy trade, improving electricity access and reliability, and mitigating climate change through the export of clean and renewable energy.

The bank also approved €116 million ($135 million) to upgrade Senegal’s Dakar Expressway Project.

The initiative is designed to improve health, education, and economic services for local populations, reduce traffic congestion and peak travel times, and enhance road safety measures to halve traffic-related deaths and injuries, with a particular focus on women and young pedestrians.

A $1.307 billion allocation was approved for Kazakhstan’s Economic and Industrial Zones Project to foster sustainable industrial development.

The initiative is expected to promote economic diversification, attract investment, create jobs, and boost global competitiveness through infrastructure upgrades and operational efficiency in special economic zones, industrial zones, and specialized industrial zones.

Bahrain will receive $330.07 million to expand its industrial capacity and strengthen economic competitiveness. The funding will support the development of modern industrial land with resilient infrastructure, advanced export-oriented manufacturing, effective internal connectivity, and reclaimed land facilities.

The project aims to stimulate private investment, generate employment, and reinforce Bahrain’s position as a regional industrial and logistics hub.

The IsDB approved $160 million to enhance utilities, water, and urban development sectors in Jordan.

The financing will secure future drinking water supply for Aqaba, Amman, and northern regions, support climate adaptation and mitigation, foster economic growth, and promote private sector participation in sustainable, long-term water solutions to alleviate severe water stress.

Azerbaijan was granted $436.67 million to improve agricultural productivity by reducing irrigation water losses and supporting sustainable rural development, in line with Azerbaijan’s 2030 vision.

The project will also promote green growth, strengthen climate resilience, and ensure long-term food security.

The approved projects reflect the IsDB’s strategic focus on fostering sustainable and inclusive growth across member countries by addressing critical infrastructure, energy, water, transport, and industrial development challenges.

These initiatives are expected to deliver lasting impact and contribute effectively to achieving the Sustainable Development Goals.