Pakistan’s car sales jumped sharply in October, showing strong recovery in the country’s auto market. Sales of cars, vans, pickups, and SUVs reached 17,333 units, up 32 percent from last year. The rise came amid easing inflation, lower interest rates, and improving consumer confidence. However, month-on-month growth was modest at only 1 percent, partly due to declines in Suzuki’s production and discontinued models.
Indus Motor Company (IMC) showed the best performance, with sales rising 44 percent month-on-month. Its Corolla, Yaris, and Cross models grew 78 percent year-on-year, while Fortuner and IMV models jumped 83 percent. Hyundai Nishat also recorded an impressive 82 percent annual growth, supported by strong demand for Tucson and Elantra. Meanwhile, Honda Atlas sales rose 72 percent from last year, driven by City and Civic models.
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On the other hand, Suzuki faced an 18 percent month-on-month decline in car sales. The drop came after it discontinued several models, including Ravi, Bolan, and Every. Even so, its overall sales increased 33 percent year-on-year for the first four months of FY26. Total auto sales during this period climbed 46 percent, showing solid momentum in the recovering auto sector.
The surge was not limited to cars. Sales of two- and three-wheelers jumped 20 percent year-on-year to 165,500 units, the highest in almost four years. Tractor sales rose 67 percent year-on-year, helped by Punjab’s Green Tractor Scheme. Truck and bus sales also soared 118 percent compared to the same month last year, showing broad recovery across all transport segments.
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Experts expect car sales to stay strong through FY26 as lower interest rates and new models attract buyers. Analysts also see growth in hybrid and plug-in hybrid vehicles, signaling a more sustainable future for Pakistan’s auto market.