Auto sales double on cheap financing

KARACHI: Barring the tractor segment, sales of cars, vans, pickups and sport utility vehicles recorded robust year-on-year growth of 107 per cent and a month-on-month rise of 42pc to 22,015 units in April, taking the 10MFY26 cumulative sales to 166,044 units, up by 49 per cent YoY.

Myesha Sohail of Topline Securities said the impressive year-on-year growth was driven by new market entrants, new product launches, relatively lower inflation in previous months, and a surge in auto financing. Auto financing reached a 42-month high in March, up 34pc YoY and 3pc MoM.

She expects positive momentum in auto sales to continue, supported by lower interest rates and new hybrid and plug-in hybrid models.

Sazgar Engineering reported sales of 2,225 units in April, up 305pc YoY and 28pc MoM. This includes 16 units of the new TANK variant, which started deliveries in April. The company sold 14,855 units in 10MFY26, up 73pc YoY.

Pak Suzuki posted a 175pc YoY and 76pc MoM surge to 11,012 units in April, driven mainly by sales of the Suzuki Alto and Swift. The company sold 76,718 units in 10MFY26, a 42pc YoY rise.

Honda Atlas Cars Ltd recorded a rise of 59pc YoY and 17pc MoM to 2,716 units in April, while cumulative 10MFY26 sales surged 58pc to 22,813 units.

Indus Motor Company (IMC) recorded 33pc YoY and 12pc MoM growth to 4,330 units in April, while July-April FY26 sales rose 51pc YoY to 37,643 units.

Hyundai Nishat Motors........

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