KARACHI: Despite the devastating floods, Pakistan’s automotive sector showed resilience in August, with cars, sport utility vehicles (SUVs), pickups, and vans recording sales of 14,050 units — a 62pc year-on-year (YoY) increase and a 27pc month-on-month (MoM) rise.

The month-on-month growth was primarily driven by strong sales from Pak Suzuki Motor Company (PSMC), while the year-on-year surge reflected a more stable macroeconomic environment, introduction of new variants, lower interest rates, easing inflation, and improving consumer sentiment.

Myesha Sohail of Topline Securities noted that vehicle sales in the first two months of........

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