Islamabad: In April 2025, Pakistan’s auto sector experienced mixed performance trends. Total sales of cars, SUVs, pickups, and vans stood at 10,596 units, marking a 1% increase year-on-year (YoY) but a 5% decline month-on-month (MoM).
The monthly drop was primarily due to highway closures in Sindh, which delayed vehicle deliveries.
However, the modest YoY growth was supported by improved macroeconomic indicators, such as falling inflation, declining interest rates, and a more stable economic environment, which have contributed to enhanced consumer sentiment.
The launch of new vehicle models and variants also helped stimulate demand.
For the ten-month period from July 2024 to April 2025 (10MFY25), auto sales reached 111,464 units, reflecting a robust 40% increase compared to the 79,596 units sold during the same period last year.
Among individual companies, Pak Suzuki Motor Company Limited (PSMCL) recorded sales of 4,003 units in April, reflecting a 12% MoM and 33% YoY decline.
Despite the April dip, Suzuki’s cumulative 10MFY25 sales rose by 30% to 53,949 units.
Honda Atlas Cars Ltd (HCAR) posted the highest gains with a 20% MoM and 70% YoY jump in April sales, reaching 1,707 units. Its cumulative sales over 10 months rose by 32% to 14,383 units.
Overall Car Sales
- April 2025 total car sales: 10,596 units
- 🔻 Down 5% MoM (March 2025)
- 🔼 Up 1% YoY (April 2024)
Main reason for MoM decline: Highway closures in Sindh disrupted deliveries.
YoY rise supported by:
- Falling inflation
- Declining interest rates
- Improved consumer sentiment
- Launch of new models/variants
10MFY25 (July–April) Performance
- Cumulative car sales: 111,464 units
- 🔼 Up 40% YoY from 79,596 units (10MFY24)
Company-wise Highlights (April 2025)
| Company | April Sales | MoM Change | YoY Change | 10MFY25 Sales | YoY Change |
|---|---|---|---|---|---|
| Pak Suzuki (PSMCL) | 4,003 | 🔻 12% | 🔻 33% | 53,949 | 🔼 30% |
| Honda Atlas (HCAR) | 1,707 | 🔼 20% | 🔼 70% | 14,383 | 🔼 32% |
| Indus Motor (Toyota) | N/A | 🔼 4% | 🔼 58% | 24,877 | 🔼 58% |
| Hyundai Nishat | 900 | 🔻 5% | 🔼 9% | 8,190 | 🔼 18% |
| Sazgar (Haval) | 549 | 🔻 42% | Flat | 8,576 | 🔼 130% |
| Dewan (Honri-VE EV) | 0 | — | — | 0 | New (launched Nov 2024) |
🔹 Notable miss: Dewan’s much-hyped Honri-VE EV has seen zero production/sales in March & April, indicating early operational hurdles.
Two- & Three-Wheelers
- April Sales: 135,721 units
- 🔼 6% MoM
- 🔼 26% YoY
- 10MFY25 Total: 1.2 million units (🔼 30% YoY)
- Drivers: Strong purchasing power rebound due to lower inflation
Read More: Car Sales Surge to Record High in December 2024
Tractor Segment
- April Sales: 1,602 units
- 🔻 48% YoY
- 🔻 4% MoM
- 10MFY25 Total: 24,832 units (🔻 36% YoY)
- Reason: Weak agricultural economics reducing demand
Also Read: China Car Sales Surge after Subsidies
Key Takeaways
- Passenger vehicle recovery is underway but remains fragile, especially due to logistical bottlenecks like road closures.
- Lower interest rates and improved macro indicators are slowly reviving consumer confidence.
- Motorcycle and three-wheeler sales show the most consistent growth, confirming improved lower-tier demand.
- Tractor sales highlight ongoing challenges in the agriculture sector, which could affect rural consumption and related industries.
- EV segment (Dewan’s Honri-VE) shows no traction, raising concerns about execution and market readiness.
