Pakistan’s auto financing continued its upward trend, with outstanding car loans rising for the 16th straight month to Rs. 345.34 billion in March, up from Rs. 336 billion in February, reflecting sustained consumer demand supported by relatively lower interest rates.
Despite ongoing geopolitical tensions, demand for new vehicles remained resilient. Car sales reached 15,531 units in March, showing a 40 percent increase compared to last year, although sales declined 9 percent month on month.
The monthly drop was mainly driven by a 23 percent decline in sales by Pak Suzuki, along with a 9 percent drop in Hyundai Nishat sales, while other automakers posted modest growth.
On a cumulative basis, total sales during the first nine months of FY26 reached 144,029 units, marking a strong 43 percent increase year on year.
At the same time, imports of completely knocked down (CKD) and semi-knocked down (SKD) kits rose to $170 million in March from $157 million in February, while the cumulative import bill surged 116 percent year on year to $1.471 billion, signaling expectations of continued production and sales momentum.
Get the latest automobile news, car launches, bike reviews, videos and analysis wherever you prefer.
Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.