In August 2026, auto sales (including cars, light commercial vehicles, vans, jeeps, and electric vehicles) totaled 15,600 units. This reflects an 11% increase year-over-year (YoY) but a 21% decrease month-over-month (MoM), according to data from the Pakistan Automobile Manufacturers Association (PAMA).

Cumulatively, auto volumes rose 41% YoY to 35,400 units. SAZEW has not yet reported its passenger car and three-wheeler sales. Excluding SAZEW, auto volumes fell 19% MoM but increased by 20% YoY. Cumulatively, sales for the first two months of FY27 rose by 44% YoY. The month-over-month decline in auto volumes was driven mainly by uncertainty around the new Auto Policy and taxes on hybrids and plug-in hybrid electric vehicles (PHEVs).

**Company Sales Performance:** – **Indus Motor Company Ltd (INDU)** reported sales of 4,029 units in August 2026, down 21% MoM but up 19% YoY. Corolla and Yaris sales increased by 21% YoY to 3,079 units, while Fortuner and Hilux sales grew by 12% YoY to 950 units. Cumulatively, 2MFY27 sales reached 9,118 units, up 35% YoY. –

**Pak Suzuki Motor Company Ltd (PSMC)** recorded sales of 7,633 units, down 25% MoM but up 7% YoY. The Alto remained the best-selling model with 5,339 units sold (up 27% YoY), followed by the Swift at 1,472 units (flat YoY) and the Cultus at 296 units (down 40% YoY). Cumulative 2MFY27 sales totalled 19,911 units, up 84% YoY. –

**Honda Atlas Cars (HCAR)** posted sales of 2,633 units, remaining flat MoM but up 145% YoY. Civic and City sales soared 265% YoY to 2,553 units, while BR-V and HR-V sales plummeted 79% YoY to just 80 units due to the discontinuation of the BR-V. Cumulatively, 2MFY27 sales reached 5,273 units, up 105% YoY. –

**Hyundai Nishat** reported sales of 742 units, up 5% MoM but down 39% YoY. Elantra sales surged 216% YoY to 458 units, while Tucson sales fell sharply to just 2 units, a 100% decrease YoY, largely due to uncertainty over hybrid taxes amid delays in the auto policy. Cumulative 2MFY27 sales stand at 1,452 units, down 40% YoY.

**Other Segments:** In the tractor segment, industry sales reached 1,052 units, down 15% MoM but up 6% YoY. AGTL’s sales fell 23% YoY to 243 units, while MTL’s sales increased by 19% YoY to 809 units. Cumulative 2MFY27 sales amount to 2,294 units, up 5% YoY.

In the two-wheeler segment, industry sales rose 4% MoM and 22% YoY to 176,789 units, with Atlas Honda Ltd (ATLH) reporting sales of 153,236 units—up 2% MoM and 21% YoY. Three-wheeler sales significantly dropped, falling 95% both MoM and YoY to just 147 units, mainly due to the absence of SAZEW’s sales figures. In the trucks and buses segment, truck sales rose 35% YoY, though they fell 6% MoM to 802 units. Conversely, bus sales rose 4% YoY and 12% MoM to 73 units. On a cumulative basis, truck sales increased by 86% YoY to 1,656 units in 2MFY27, while bus sales rose by 9% YoY to 138 units.

Courtesy: AHL Research