Pakistan Car sales (as reported by PAMA) clocked in at 13,280 units in Dec 2025, reflecting a 35% YoY rise and 14% MoM decline. This took 1HFY26 sales to 88,322 units, a 46% YoY rise from 60,676 units in 1HFY25.
According to Topline Securities, the yearly growth numbers are fueled by new entrants alongside lower interest, easing inflation, and improving macroeconomic sentiments. However, MoM sales were down primarily due to the end-of-year effect, with buyers delaying deliveries and new purchases in anticipation of new year registrations.
Company wise: Honda Atlas Cars (HCAR) posted YoY growth of 75% YoY but declined on MoM basis to 1,943 units in Dec 2025. City & Civic models rose 79% YoY to 1,739 units while BRV & HRV models rose 46% YoY to 204 units in Dec 2025.
Indus Motor Company (INDU) posted a YoY growth of 40% to 2,312 units. Corolla, Yaris and Cross sales together went up 83% YoY while down 35% MoM to 2,116 units. Meanwhile, Fortuner and IMVs plunged 61% YoY and 67% MoM to 196 units.
Hyundai Nishat reported YoY growth of 11% and 2% MoM, amid a 105% & 52% YoY rise in Sonata & Elantra models. Sazgar Engineering (SAZEW) reported sales of 1,165 units in Dec-25, up 5% MoM.
PSMC saw a modest growth of 9% YoY reaching 6,531 units mainly due to a nearly 12x rise in Every sales followed by a 51% increase in Swift sales reaching 1,330 and 1,009 units in Dec 2025, respectively.
2 & 3 wheelers sales increased by 36% YoY whereas same is down by 3% on MoM basis to 160,408 units in Dec 2025. This takes 1HFY26 sales to 923,759 units, a 33% YoY rise. Atlas Honda (ATLH), the maker of the popular CD70 bike, yet again recorded all-time high monthly sales of 143,091 units in Dec 2025.
Tractor sales posted a sharp decline of 52% YoY and 7% MoM to 3,399 units in Dec 2025. Truck and bus sales surged 93% YoY but were down 30% MoM to 372 units in Dec 2025.
Topline Securities expect positive momentum in auto sales to continue in FY26, supported by lower interest rates and new hybrid and plug-in hybrid models. Additionally, easing inflation and improved economic activity should further strengthen demand in the coming months.
