Pakistan’s automobile industry posted a strong recovery in October 2026, with sales of cars, light commercial vehicles, vans, jeeps, and electric vehicles rising 41% year-on-year and 62% month-on-month to 24,400 units, according to a report from AHL Research.

The brokerage house said cumulative vehicle sales in the first four months of FY27 reached 74,900 units, up 37% from the same period last year. Excluding sales data from Sazgar Engineering, which has yet to report passenger car and three-wheeler figures, industry volumes surged 53% year-on-year and 93% month-on-month in October.

AHL Research noted that the sharp monthly recovery was primarily driven by Pak Suzuki Motor Company, whose sales more than tripled from September levels, supported by a significant rise in Alto deliveries. Pak Suzuki sold 15,921 units during the month, up 115% year-on-year, with Alto remaining the country’s best-selling model at 11,363 units.

Indus Motor Company recorded sales of 4,073 units in October, down 10% year-on-year, while Honda Atlas Cars sold 2,101 units, down 19% from a year earlier. Hyundai Nishat reported sales of 823 units, down 24% year-on-year.

The tractor sector also registered robust growth, with industry sales climbing 44% year-on-year to 4,152 units, largely supported by deliveries under the Punjab Government’s tractor scheme. Cumulative tractor sales during 4MFY27 stood at 8,261 units, up 41%.

In the two-wheeler segment, industry sales rose 23% year-on-year to 198,357 units, while Atlas Honda sold 173,152 motorcycles, up 24% year-on-year.

Truck sales rose 44% year-on-year to 960 units during October, reflecting continued strength in commercial vehicle demand, although bus sales declined 43% to 58 units. AHL Research said cumulative truck sales in the first four months of FY27 rose 51% year-on-year to 3,476 units, while bus sales fell 16% to 269 units.