Car sales jump 32% in October with cheaper loans bringing buyers back

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KARACHI (Kashmir English): Car sales in Pakistan increased by 32% year-on-year (YoY) to 17,333 units in October 2025 as compared to sales of 13,108 units in the same month of 2024, according to figures released by the Pakistan Automotive Manufacturers Association (PAMA).

When compared with the previous month (September), car sales recorded an increase of only 1%.

Myesha Sohail of Topline Research, in her report, said that the YoY growth is supported by introduction of more variants, lower interest rates, easing inflation and improving consumer sentiment.

She said MoM sale remained stable primarily due to an 18% decline in Pak Suzuki Motor Company’s (PSMC) volumes as the company underwent a major reset in 2025.

Pak Suzuki cars

The report said the discontinuation of Ravi, Bolan, Every VX and WagonR models of the Pak Suzuki Motor Company led to MoM declines of 17%, 84% and 28% in Swift, Ravi and Every models, respectively, while Bolan had seen no sales since May 2025.

In the first four months (Jul-Oct) of current fiscal year (2025-26), sales of automakers rose 46% YoY to 59,600 units against sales of 40,693 units in the first four months of previous fiscal year.

Among major producers, the report said, Indus Motor posted the highest MoM growth of 44% to 4,529 units. Corolla, Yaris and Cross sales together rose 41% MoM and 78% YoY to 3,742 units, whereas demand for Fortuner and IMVs rose 58% MoM and 83% YoY to 787 units.

Hyundai Nishat reported the highest YoY growth of 82% due to a 2.7x and 3.1x rise in sales of Tucson and Elantra models.

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