Pakistan’s car sales rise in April, tractors decline

Pakistan’s automobile sales rose 3.3% in April to 12,387 units, up from 11,358 units in the same month last year, according to industry data. Motorcycle sales surged 26.1% to 127,624 units, while tractor sales saw a sharp decline of 48% to 1,538 units.

For the first 10 months of fiscal year 2025, local auto assemblers sold 126,691 vehicles, marking a 43.9% increase compared with the same period last year.

Tractor sales in the same period dropped 35.1% to 24,832 units, while motorcycle sales climbed 30.4% to 1.22 million units.

Among individual manufacturers, Pak Suzuki sales in April declined 38% to 3,980 units compared with 6,000 units a year earlier.

Honda Cars reported a strong rebound, selling 1,707 vehicles—up 70.2% from 1,003 units last year. Indus Motor Company sold 3,259 Toyota vehicles, a 57.8% jump from 2,065 units in April 2024.

Analysts attributed the rise in Indus Motor sales primarily to the facelifted Yaris model, which has been well received by customers. Strong demand from both consumers and government agencies also supported an uptick in Hilux sales. Sazgar Engineering posted a 42.2% increase in sales to 2,507 units last month.

Auto financing has posted growth for two consecutive months, reaching PKR 257 billion in March 2025, a 7.5% increase, according to an analyst at JS Global Capital.

“We anticipate that declining interest rates will continue to support the growth of auto financing, making it a key driver moving forward. Additionally, the FY26 budget and its impact on the auto sector is expected to be a key theme in the near term,” the analyst said.