KARACHI: Sales of cars, LCVs, pickups and vans surged by 46 per cent to 88,322 units in the first half of the current fiscal year (FY26) from 60,675 units in the same period of FY25, despite a drop in sales during December 2025.

Sales of this category stood at 13,280 units in December, reflecting a 35pc year-on-year (YoY) rise but a 14pc month-on-month (MoM) decline.

According to Topline Securities, the strong yearly growth was fuelled by new market entrants, lower interest rates, easing inflation and improving macroeconomic sentiment. However, MoM sales declined mainly due to the year-end effect, as buyers delayed deliveries and new purchases in anticipation of new-year registrations.

Honda Atlas Cars Limited (HACL) posted YoY growth of 75pc but recorded a MoM decline to 1,943 units in December 2025. Sales of Honda City and Civic models rose 79pc YoY to 1,739 units, while BR-V and HR-V sales increased 46pc YoY to 204 units. During July-December FY26, HACL sold 12,039 units, up 70pc over the same period last fiscal.

Indus Motor Company (IMC) recorded 40pc YoY growth to 2,312 units. Combined sales of Toyota Corolla, Yaris and Cross rose 83pc YoY but fell 35pc MoM to 2,116 units. Meanwhile, Fortuner and IMV sales plunged 61pc YoY and 67pc MoM to 196 units. Total IMC sales increased 64pc to 20,563 units in IHFY26.

Hyundai Nishat Motors (HNM) reported YoY growth of 11pc and MoM growth of 2pc, supported by a 105pc YoY rise in Sonata and a 52pc increase in Elantra sales. Hyundai sold 6,716 units in IHFY26, up 58pc YoY.

Sazgar Engineering Works Limited (SEWL) sold 1,165 units in December 2025, up five per cent MoM. Its July–December FY26 sales rose 72pc to 7,210 units.

Pak Suzuki Motor Company Limited (PSMCL) posted a modest YoY growth of 9pc to 6,531 units, driven mainly by a nearly twelvefold rise in Every sales and a 51pc increase in Swift sales, reaching 1,330 and 1,009 units, respectively. Overall, PSMCL sold 40,380 units in IHFY26, up 27pc YoY.

Two- and three-wheeler sales rose 36pc YoY but declined three per cent MoM to 160,408 units in December, taking IHFY26 sales to 923,759 units, a 33pc YoY increase. Atlas Honda sold 790,978 units in IHFY26, up 35pc YoY, and recorded an all-time high monthly sale of 143,091 units in December.

Tractor sales fell sharply by 52pc YoY and seven per cent MoM to 3,399 units in December, while IHFY26 sales declined 26pc to 12,929 units. Truck and bus sales surged 93pc YoY but dropped 30pc MoM to 372 units. Total truck and bus sales in IHFY26 stood at 3,531 units, up 96pc YoY. Auto sector expert Mashood Ali Khan said 2025 saw policy instability and the impact of used car imports, but proactive government measures yielded positive results.

Published in Dawn, January 13th, 2026