Auto sales see annual growth amidst monthly decline
KARACHI: After a 43pc surge during FY25, the new fiscal year FY26 began on a positive note, with sales of cars, light commercial vehicles (LCVs), pickups, and jeeps rising 28pc year-on-year in July to 11,034 units. However, sales were down 49pc month-on-month, largely due to the high base effect of June.
Data released by the Pakistan Automotive Manufacturers Association (PAMA) showed significant momentum in the electric vehicle (EV) segment. The newly launched Honda ICON e EV scooter led the way, with production and sales at 313 and 303 units, respectively.
United, traditionally a petrol bike manufacturer, also reported EV-bike production and sales of 229 and 270 units in July 2025, up from 88........
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