Pakistan Car Sales Surge 41% YoY to 24,418 Units in Oct 2026
KARACHI: Pakistan’s car sales increased 41% year-on-year (YoY) and 62% month-on-month (MoM) to 24,418 units in October 2026, driven largely by strong demand for Suzuki vehicles. The latest figures, reported by the Pakistan Automotive Manufacturers Association (PAMA), reflect improving momentum in the country’s automobile industry.
Cumulative car sales during the first four months of FY27 (4MFY27) reached 74,898 units, registering a 26% increase compared with the corresponding period last year.
The reported figures exclude sales by Sazgar Engineering Works Limited (SAZEW), as its monthly sales data is still awaited. Excluding SAZEW, automobile sales increased 53% YoY and 76% MoM.
Suzuki Leads Pakistan’s Car Sales Growth
Pakistan Suzuki Motor Company (PSMC) emerged as the primary contributor to October’s growth, recording sales of 15,921 units, up 115% YoY and nearly 3.3 times compared with September 2026.
The company’s Alto and Swift models recorded their highest-ever monthly sales, reaching 11,363 units and 3,214 units, respectively.
However, excluding PSMC and SAZEW, car sales declined 1% YoY and 6% MoM, indicating that the broader automobile market continues to face uneven demand.
Indus Motor and Honda Atlas Report Declining Sales
Indus Motor Company (INDU) recorded sales of 4,073 units in October 2026, reflecting a 10% YoY and 2% MoM decline.
Sales of Corolla, Yaris and Cross models fell 7% YoY to 3,496 units. Meanwhile, Fortuner and IMV sales declined 27% YoY to 577 units.
Honda Atlas Cars (HCAR) also reported weaker performance, with sales falling 19% YoY and 1% MoM to 2,101 units.
City and Civic sales stood at 1,933 units, down 14% YoY and 4% MoM. Similarly, BR-V and HR-V sales witnessed a significant 53% YoY decline to 168 units.
Hyundai Nishat Sales Increase on Palisade Launch
Hyundai Nishat Motors recorded an 11% YoY and 36% MoM increase in sales to 1,202 units during October.
The growth was supported by the recently launched Hyundai Palisade, which contributed 379 units to the company’s monthly sales.
Two- and Three-Wheeler Sales Reach Nearly 200,000 Units
Pakistan’s two- and three-wheeler sales reached 199,908 units in October 2026, increasing 21% YoY, although sales declined 1% MoM.
Atlas Honda (ATLH) continued its strong performance, recording an all-time high monthly sales volume of 173,152 units.
Tractor, Truck and Bus Sales Also Record Growth
Other segments of Pakistan’s automobile industry also posted positive growth during October.
Tractor sales increased 44% YoY and 2.3 times MoM to 4,154 units.
Meanwhile, truck and bus sales rose 33% YoY and 9% MoM to 1,018 units, reflecting improved activity in the commercial vehicle segment.
Positive Outlook for Pakistan’s Auto Industry in FY27
Market analysts expect Pakistan’s automobile industry to maintain positive sales momentum throughout FY27, with double-digit growth anticipated.
The outlook is supported by the introduction of new vehicle variants and the entry of new automobile brands into the local market.
Improved consumer demand and a wider range of vehicle options could further support industry growth in the coming months.
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