Pakistan’s automobile market moved in two very different directions in March 2026, as sales of conventional vehicles fell sharply while electric vehicles posted a strong monthly jump.
Latest industry data shows that sales of cars, LCVs, vans, and jeeps dropped 9 percent month-on-month to 15,531 units in March, down from 17,121 units in February.
Despite the monthly decline, the segment still recorded a 40 percent increase compared to March last year, when sales stood at 11,113 units.
On a cumulative basis, auto sales in the category reached 144,029 units in the first nine months of FY26, reflecting a 43 percent year-on-year increase from 100,736 units in the same period a year earlier.
Auto sales numbers declined to 15.5K units, down by 9% MoM
Auto sales (Cars, LCVs and Vans & Jeeps) declined by 9% MoM to 15.5K units during Mar'26.
While on a YoY basis, they increased by 40%.
Cumulatively, in 9MFY26, auto sales increased by 43% YoY to 144.0K units.#KSE100… pic.twitter.com/H4H3Yhf3UP— Arif Habib Limited (@ArifHabibLtd) April 13, 2026
The monthly fall was mainly driven by weakness in passenger car sales, which declined 12 percent to 11,702 units in March. Within that segment, 1000cc vehicles saw the steepest drop, falling 36 percent to 294 units.
Sales of cars below 1000cc also slipped 18 percent to 4,961 units, while the 1300cc and above category posted a 6 percent decline to 6,447 units.
In contrast, electric vehicle sales rose 61 percent over the previous month, climbing to 53 units from 33 in February. While the absolute number remains small, the jump stands out against the broader slowdown in the conventional auto market.
LCVs, vans, and jeeps also showed resilience, inching up 1 percent month-on-month to 3,776 units, suggesting that the decline was concentrated more heavily in the passenger car segment.
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Despite the fact that people can’t afford either. Or govt imposed huge tariffs
I believe the EVs was purchased by the govt last month reflecting in the report not purchased by the general public.
Remove all taxes from EVs and REEVs