Pakistan Car Sales Surge 41% to 24,418 Units in October 2026

A sharp increase in Pakistan Suzuki Motor Company sales drove the monthly growth, while Toyota and Honda recorded declines. Car sales reached 74,898 units in the first four months of FY27.

Pakistan’s car sales rose 41% year-on-year (YoY) and 62% month-on-month (MoM) to 24,418 units in October 2026, mainly driven by a sharp increase in sales by Pakistan Suzuki Motor Company (PSMC), according to industry data reported by the Pakistan Automotive Manufacturers Association (PAMA).

Cumulative car sales during the first four months of FY27 reached 74,898 units, marking a 26% increase compared with the same period last year.

The reported figures do not include sales by Sazgar Engineering Works Limited (SAZEW), as its October data was still awaited. Excluding Sazgar, car sales increased 53% YoY and 76% MoM.

PSMC remained the key driver of growth, recording sales of 15,921 units in October. This represented an increase of 115% compared with October 2025 and nearly 3.3 times the previous month’s volume. The company’s Alto sales reached a record 11,363 units, while Swift sales also hit a record high of 3,214 units.

However, the broader market showed mixed performance. Excluding PSMC and SAZEW, car sales declined 1% YoY and 6% MoM, indicating that the overall increase was largely concentrated in Suzuki’s performance.

Indus Motor Company (IMC) reported a 10% YoY and 2% MoM decline in sales to 4,073 units. Sales of Corolla, Yaris and Corolla Cross fell 7% YoY to 3,496 units. Meanwhile, Fortuner and IMV sales dropped 27% to 577 units.

Honda Atlas Cars also recorded lower sales. Its October volumes declined 19% YoY and 1% MoM to 2,101 units. City and Civic sales stood at 1,933 units, down 14% from a year earlier and 4% from September. Sales of BR-V and HR-V fell 53% YoY to 168 units.

In contrast, Hyundai Nishat Motor reported an 11% YoY and 36% MoM increase in sales to 1,202 units. The recently launched Palisade contributed 379 units during the month, supporting the company’s growth.

Other vehicle categories also recorded gains. Sales of two- and three-wheelers increased 21% YoY to 199,908 units in October, although they declined 1% compared with the previous month. Atlas Honda once again posted a record monthly performance, selling 173,152 units.

Tractor sales rose 44% YoY and more than doubled MoM to 4,154 units. Meanwhile, truck and bus sales increased 33% YoY and 9% MoM to 1,018 units.

Looking ahead, the outlook for Pakistan’s auto industry remains positive for FY27. Industry expectations point to continued growth, supported by new vehicle variants and the entry of additional brands into the local market. However, the latest figures suggest that sales growth remains uneven across major manufacturers.