KARACHI: Passenger car sales by Pakistan Automotive Manufacturers Association (PAMA) members jumped 22% year-on-year to 7,135 units in July 2025, fueled by declining interest rates and stronger consumer confidence, according to The News. However, sales plummeted 60% from June 2025’s pre-budget buying frenzy, which saw 17,659 units sold.
Sales Breakdown
PAMA data revealed a rise in passenger car sales from 5,857 units in July 2024 to 7,135 units in July 2025. Key segment performance includes:
- 1,300cc and above: Sales soared 74% YoY to 4,290 units from 2,465 units in July 2024.
- 1,000cc vehicles: Sales edged up to 264 units from 235 units last year.
- Below 1,000cc vehicles: Sales dipped to 2,557 units from 3,157 units in July 2024.
Other Vehicle Categories
- Jeeps and pick-ups: Sales rose to 3,899 units from 2,732 units in July 2024.
- Tractors: Sales fell to 1,195 units from 1,460 units last year.
- Trucks and buses: Sales increased to 374 units from 307 units in July 2024.
- Dewan’s Honri-Ve: Recorded 24 units sold in July 2025.
Company Performance
- Indus Motor Company (INDU): Sales doubled YoY but fell 9% MoM to 3,337 units, driven by a 17% MoM increase in the Fortuner and IMVs segment, with steady demand for Corolla, Yaris, and Cross.
- Hyundai Nishat: Sales grew 2.1x YoY but dropped 16% MoM to 1,225 units. The Hyundai Porter saw a 31% MoM rise, while Tucson and Elantra posted 5x and 4x YoY growth, respectively.
- Sazgar Engineering (SAZEW): Sales rose 31% YoY but fell 20% MoM, affected by strong June pre-buying due to fears of new duties, later clarified as not impacting HAVAL prices. The new HAVAL facelift and upcoming H6 PHEV variant are expected to boost sales from August.
- Honda Atlas Cars (HCAR): Sales increased 61% YoY but dropped 17% MoM to 1,500 units.
- Pak Suzuki Motor Company (PSMC): Sales grew 18% YoY but plunged 72% MoM.
Two/Three-Wheeler Sales
Two- and three-wheeler sales surged 44% YoY but declined 12% MoM to 122,441 units in July 2025. Electric motorcycles and three-wheelers contributed 542 units, with Road Prince data (estimated at 2,000 units) still pending.
Analyst Insights
Myesha Sohail, an analyst at Topline Securities, attributed the sharp MoM decline to a high base effect from June’s pre-budget buying spree. She noted, “Lower interest rates and a robust lineup of new models, including hybrids and plug-in hybrids, should sustain auto sales momentum in FY26.”
