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KARACHI: Barring the tractor segment, sales of cars, vans, pickups and sport utility vehicles recorded robust year-on-year growth of 107 per cent and a month-on-month rise of 42pc to 22,015 units in April, taking the 10MFY26 cumulative sales to 166,044 units, up by 49 per cent YoY.
Myesha Sohail of Topline Securities said the impressive year-on-year growth was driven by new market entrants, new product launches, relatively lower inflation in previous months, and a surge in auto financing. Auto financing reached a 42-month high in March, up 34pc YoY and 3pc MoM.
She expects positive momentum in auto sales to continue, supported by lower interest rates and new hybrid and plug-in hybrid models.
Sazgar Engineering reported sales of 2,225 units in April, up 305pc YoY and 28pc MoM. This includes 16 units of the new TANK variant, which started deliveries in April. The company sold 14,855 units in 10MFY26, up 73pc YoY.
