Auto Sales Surge 50% Year-Over-Year, Despite Monthly Decline

Karachi: Auto sales in Pakistan have shown a significant year-over-year increase, with the country’s three major automotive manufacturers—Indus Motor Company Ltd, Honda Atlas Cars Ltd, and Pak Suzuki Motor Company Ltd—expected to report a combined growth of 50% in November 2025. This growth translates to approximately 13,000 units sold during the month, according to a press release by JS Global.

Despite the year-over-year growth, the monthly figures tell a different story, with a projected decline of 10% compared to the previous month. This drop is attributed mainly to a decrease in sales for Pak Suzuki.

Indus Motor Company Ltd and Honda Atlas Cars Ltd are expected to see substantial year-over-year growth, with increases of 75% and 135%, respectively. Meanwhile, Pak Suzuki is anticipated to post a 23% year-over-year rise, although it faces an 11% month-over-month decline.

Overall, auto sales for the sampled companies are projected to achieve a 46% year-over-year growth in the first five months of the fiscal year 2026. This increase reflects a broad-based strength across the sector’s major original equipment manufacturers.

The rise in auto financing, which increased by 34% year-over-year as of October 2025, is a key factor supporting local assemblers. Additionally, restrictions on tax-free import schemes for overseas Pakistanis, driven by the International Monetary Fund, are expected to bolster local production.

However, the industry may encounter increased competition in the future. As average tariffs on imported cars are gradually reduced, local assemblers could face challenges from international manufacturers.