Pakistani Auto Industry Revs Up as September Sales Surge

Karachi: Pakistan’s automotive sector experienced a significant increase in sales during September 2025, with total industry sales soaring to 18,788 units, marking a 61 percent year-on-year rise. This growth was driven largely by a 67 percent increase in sales of passenger cars and light commercial vehicles (LCVs), according to a press release from AKD Securities Limited.

The passenger car segment with engine capacities of 1,000cc and above recorded the highest performance, reaching 6,224 units, reflecting a 64 percent increase compared to the previous year. Models such as the Alto, Swift, Cultus, and Ravi were highlighted as key contributors to this surge. Additionally, sales of vehicles with engine capacities of 800cc and below also rose, with 5,439 units sold, up 45 percent year-on-year.

Truck sales also demonstrated remarkable growth, with an increase of 168 percent from the same period last year, further contributing to the overall uptick in the auto sector’s performance.

Looking ahead, AKD Securities Limited anticipates continued growth in the automotive sector, projecting over 20 percent year-on-year growth for the fiscal years 2026 and 2027. The firm recommends Indus Motor Company (INDU) as a key stock to watch, with a target price of PKR 3,585 per share by June 2026. Indus Motor Company is expected to capture a significant portion of the hybrid electric vehicle market in the coming years.

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