Islamabad: Pakistan’s auto sector witnessed a significant increase by an annual basis (YOY) in car sales for the first eight months of the fiscal year 2025 (8mfy25), reaching a total of 89,770 units compared to 59,700 units during the same period of the 2024 academic year.
Car sales in February 2025 reached 12,084 units, which reflects an increase of 24 % on an annual basis, but a 29 % decrease over a month (MOM).
The mother’s decrease is significantly due to the highly basic impact of January sales, which is usually higher due to the delay of buyers from December purchases to secure New Year records. In addition, Sazgar Engineering Works reported on the cumulative sales data for both December 2024 and January 2025, creating a high main effect.
The increase in sales was driven by lower interest rates, improving consumer confidence, and introducing new cars variables and models. Among the non -Bama members, Kia Lucky Motors reported sales of nearly 850 units for February 2025.
In terms of the company, all manufacturers have seen an increase in YOY, despite the decrease in MOM sales, with the exception of Hyundai. Sazgar Engineering saw 2.13X YOY, but witnessed a decrease of 56 % of the mother, with February sales of 883 units.
Pak Suzuki Motor Company (PSMC) has witnessed a 9 % increase on an annual basis, but a 35 % decrease, most likely due to standard Alto sales in January.
Indus Motor Company (Indu) increased 28 % on an annual basis, but decreased by 22 % due to the rise in Toyota Hilux sales in January.
Hundla Atlas cars (HCAR) increased by 35 % on an annual basis, but my illiteracy decreased by 7 %, while Hyundai Nishat has witnessed an increase on an annual basis and a 1 % illiterate rise.
Meanwhile, sales of two wheels and three wheels increased by 35 % on an annual basis, but 9 % of my mother fell to a total of 126699 units in February. However, tractor sales witnessed a significant decrease of 44 % and 54 % year on year, with a total of 1534 units. Truck and bus sales increased by 38 % on an annual basis, but decreased by 22 % of my mother, and reached 486 units.
Looking at the future, the bullish trend of the auto sector is expected to continue with the new car changes entering the market and recovering car financing amid low interest rates.
