Pakistan car sales surge 48% in July-October

Car sales in Pakistan have surged 48% from July to October of the current fiscal year (FY27) compared to the same period in the previous fiscal year, according to data from the Pakistan Automotive Manufacturers Association (PAMA). The year-on-year (YOY) growth in sales was driven by a positive macroeconomic situation, while month-on-month (MOM) performance showed a seasonal and sequential pattern.

In total, 63,418 units of cars were sold, a 48% increase from the previous year. Truck sales rose by 51% to 3,476 units, while farm tractor sales increased by 41% to 8,263 units. Two- and three-wheelers, including motorbikes and rickshaws, sales climbed by 27% to 753,902 units. However, sales of jeeps-cum-pickups and buses decreased by 32% to 11,391 units and by 16% to 269 units, respectively.

PAMA's Director General, Razi-ur-Rahman, stated that all other segments showed healthy year-on-year growth during the July-October period. Passenger car production and sales saw a 24% and 48% increase, respectively, while Jeep and Pickup production decreased by 5% and sales by 32%. Farm tractor production grew by 22% and sales increased by 41%.

The PAMA noted that the auto industry is facing ambiguity and uncertainty due to overdue auto policies, leading to inventory build-up and reluctance among customers to make purchase decisions. Recently, Prime Minister Shehbaz approved the final draft of the Auto and Auto Parts Manufacturing Policy for 2026-2031, which will be submitted to the Federal Cabinet for approval.