Karachi, November 11, 2025 – Pakistan’s automotive sector is witnessing a strong recovery as total car sales surged by 46% during the first four months (July – October) of fiscal year 2025-26 compared to the same period last year. According to official data, car sales reached 59,600 units in 4MFY26, up from 40,693 units in 4MFY25.
Analysts at Topline Securities highlighted key trends driving the growth:
• October 2025 Sales: Total car sales reached 17,333 units, marking a 32% year-on-year (YoY) and 1% month-on-month (MoM) increase. Stable macroeconomic conditions, introduction of new variants, lower interest rates, easing inflation, and improved consumer sentiment supported this growth.
• Pakistan Suzuki Motor Company (PSMC): MoM sales declined 18% due to a reset in 2025, discontinuation of Ravi, Bolan, Every VX, and Wagon R models. This led to MoM drops of 17% (Swift), 84% (Ravi), and 28% (Every). Bolan recorded no sales since May 2025.
• Company Performance:
o Indus Motor Company (INDU): Highest MoM growth of 44%, selling 4,529 units. Corolla, Yaris, and Cross rose 41% MoM and 78% YoY. Fortuner and IMVs climbed 58% MoM and 83% YoY.
o Hyundai Nishat: Recorded 82% YoY growth due to Tucson and Elantra’s 2.7x and 3.1x YoY rises.
o Honda Atlas Cars (HCAR): Grew 72% YoY and 13% MoM to 2,607 units; City and Civic models up 58% YoY, BRV and HRV models surged 3.8x YoY.
o Sazgar Engineering (SAZEW): Increased 38% YoY but down 3% MoM to 1,379 units.
• Two- and Three-Wheelers: Total sales rose 20% YoY and 4% MoM to 165,500 units in October, taking 4MFY26 sales to 597,000 units, a 30% YoY increase. Atlas Honda’s CD70 led with 140,000 units sold.
• Tractors: Sales jumped 67% YoY and 3.7x MoM to 2,886 units, fueled by the Punjab Green Tractor Scheme.
• Trucks and Buses: Sales climbed 2.2x YoY but fell 7% MoM to 766 units.
Outlook: Analysts predict continued positive momentum in FY26, supported by lower interest rates and the launch of hybrid and plugin-hybrid vehicles across multiple manufacturers.