Pakistan’s auto industry recorded a significant boost in January 2025, with car sales reaching 17,010 units, reflecting a 61% year-over-year (YoY) increase and a 73% month-over-month (MoM) rise, according to the Pakistan Automotive Manufacturers Association (PAMA).
The MoM increase is attributed to the low base effect, as December sales are typically lower due to buyers delaying purchases for new-year registrations. Additionally, the YoY rise is driven by lower interest rates, improved consumer confidence, and the introduction of new car models and variants.
The total car sales for the first seven months of FY25 (7MFY25) now stand at 77,686 units, marking a 55% YoY increase from 49,989 units in 7MFY24.
Car Sales Breakdown
Pak Suzuki Motor Company (PSMC) led the market with 8,250 units sold, reflecting a 51% YoY increase and a 37% MoM rise, with Alto achieving a two-year high in sales.
Indus Motor Company (INDU) reported 3,335 units sold, showing a 21% YoY increase and a 102% MoM rise, driven by strong demand for the Fortuner and IMV segments. Toyota Hilux sales surged to 931 units, a two-year high.
Honda Atlas Cars (HCAR) sold 2,210 units, reflecting a 65% YoY increase and a 99% MoM rise. Hyundai Nishat recorded 1,044 units sold, showing a 25% YoY increase and a 14% MoM rise.
Sazgar Engineering Works (SAZEW) saw a remarkable 408% YoY increase, with 2010 units sold in January 2025.
Motorbikes and Three-Wheelers
The motorbike and three-wheeler segment also saw robust growth, with sales reaching 139,161 units in January 2025, marking a 33% YoY increase and an 18% MoM rise. This is the highest monthly volume in 2.5 years.
Atlas Honda Limited (ATLH) led the segment with 115,557 units sold, reflecting a 26% YoY increase and a 15% MoM rise.
Pak Suzuki Motor Company (PSMC) sold 2,343 units, showing a 58% YoY increase and a 26% MoM rise. Sazgar Engineering Works (SAZEW) moved 5,092 units, reflecting a 108% YoY increase.
Tractors
The tractor segment faced challenges, with total sales declining to 2,761 units in January 2025, marking a 28% YoY decrease but a 61% MoM rise.
Millat Tractors sold 2,350 units, reflecting a 19% YoY decline but a 50% MoM increase. Al-Ghazi Tractors (AGTL) sold 411 units, showing a 59% YoY decline and an 82% MoM decrease.
Trucks and Buses
Truck and bus sales showed remarkable growth, reaching 621 units in January 2025, marking a 157% YoY increase and a 222% MoM rise. This is the highest monthly volume in three years.
Hino sold 43 units, reflecting a 169% YoY increase and a 72% MoM rise. Master Motors achieved 152 units sold, showing a 26% YoY increase and an 181% MoM rise.
JAC reported 26 units sold, reflecting a 136% YoY increase and an 86% MoM rise. Isuzu sold 400 units, showing a 175% YoY increase and a 146% MoM rise.
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