Major Auto Companies See Strong Year-On-Year Growth in Sales

Karachi: The automotive industry in Pakistan is poised for significant year-on-year growth in October 2025, driven by three major players: Indus Motors Company Ltd (INDU), Honda Atlas Cars Ltd (HCAR), and Pak Suzuki Motor Company Ltd. These companies are expected to achieve a cumulative increase of 28% in sales, reaching approximately 14,500 units, according to a recent analysis by JS Global.

While the month-on-month sales are projected to remain steady, primarily due to a decline in Pak Suzuki’s sales, the year-on-year figures tell a different story. Indus Motors and Honda Atlas are anticipated to lead this surge, with expected increases of 79% and 72% respectively. Meanwhile, Pak Suzuki’s sales are predicted to stay flat.

Overall, auto sales for the sampled companies are set to increase by 45% year-on-year in the first four months of the fiscal year 2026. This growth is supported by rising auto financing, which saw a 33.9% year-on-year increase in September 2025, and recent policy changes favoring local assemblers. These include a 40% regulatory duty on used car imports and stricter regulations on tax-free import schemes for overseas Pakistanis, driven by the International Monetary Fund.

Despite these favorable conditions for local manufacturers, the industry could face increased competition as tariffs on imported cars gradually decrease over time.