Stable economy drives car sales up 32% YoY

Oct sales reach 17,333 units, supported by new variants, lower inflation

KARACHI:

Car sales in Pakistan rose significantly by 32% year-on-year (YoY) and reached 17,333 units in October 2025 as compared to sales of 13,108 units in the same month of last year, according to figures released by the Pakistan Automotive Manufacturers Association (PAMA). When compared with the previous month, car sales edged higher by only 1%.

"The YoY growth is supported by a more stable macroeconomic environment, introduction of more variants, lower interest rates, easing inflation and improving consumer sentiment," said Myesha Sohail of Topline Research in her report on Tuesday.

She pointed out that MoM sales remained stable primarily due to an 18% decline in Pak Suzuki Motor Company's (PSMC) volumes as the company underwent a major reset in 2025. As per reports, the discontinuation of Ravi, Bolan, Every VX and WagonR models led to MoM declines of 17%, 84% and 28% in Swift, Ravi and Every models, respectively, while Bolan had seen no sales since May 2025.

In the first four months (Jul-Oct) of fiscal year 2025-26, sales of automakers climbed 46% YoY to 59,600 units against sales of 40,693 units in 4MFY25.

Among major producers, the report said, Indus Motor posted the highest MoM growth of 44% to 4,529 units. Corolla, Yaris and Cross sales together rose 41% MoM and 78% YoY to 3,742 units whereas demand for Fortuner and IMVs rose 58% MoM and 83% YoY to 787 units.

Hyundai Nishat reported the highest YoY growth of 82% due to 2.7x and 3.1x rise in sales of Tucson and Elantra models.