Pakistan car financing hits 46-month high despite higher prices
Auto sales doubled to 22,015 units in April as easing financing costs and new variant fuel demand
Business Desk
The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.
The April sale surge was driven by new market entrants, new product launches, and relatively lower inflation
Pakistan's car financing rose to a 46-month high in April, totaling PKR 360 billion despite higher vehicle prices, according to data released by the State Bank of Pakistan.
The financing surge has accompanied a 107% jump in auto sales over the same period.
How much did Pakistan car financing rise in April 2026?
Pakistan's auto financing reached PKR 360 billion in April 2026. The figure was up 37% from PKR 263 billion in April 2025 and 4.1% from PKR 345 billion in March 2026. It matches the all-time high last recorded in June 2022.
April car sales hit 22,015 units, up 107% year-on-year and 42% month-on-month, according to Pakistan Automotive Manufacturers Association (PAMA) data. Cumulative 10-month sales rose 49% to 166,044 units.
What drove the surge in Pakistan's auto sales?
The April surge was driven by new market entrants, new product launches, and relatively lower inflation in previous months. The jump in car financing also fueled demand.
Most of the growth came from Pak Suzuki Motor Company and Sazgar Engineering.
How did Pak Suzuki perform in April 2026?
PSMC posted a 175% year-on-year increase to 11,012 units in April, driven primarily by surges in Alto and Swift sales.
Alto sales rose 232% year-on-year to 7,567 units, with Swift sales up 229% year-on-year, reaching 2,205 units.
How did Sazgar Engineering perform in April?
Sazgar Engineering reported sales of 2,225 units in April, up 305% year-on-year. The total included 16 units of the new TANK variant, deliveries of which began in April 2026.
How did Honda, Toyota, and Hyundai fare in April?
Honda Atlas Cars (HCAR) reported a 59% year-on-year and 17% month-on-month rise to 2,716 units. City and Civic sales climbed 55% YoY to 2,432 units. BR-V and HR-V sales rose to 284 units.
Indus Motor Company (INDU) posted 33% year-on-year growth to 4,330 units. Corolla, Yaris, and Cross sales rose 37% YoY to 3,451 units.
Fortuner and IMV sales rose 18% year-on-year and 21% month-on-month to 879 units.
Hyundai Nishat Motors recorded an 11% year-on-year increase to 1,002 units, mostly on the strength of Tucson sales.
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