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KARACHI: Sales of cars, pickups, vans and jeeps surged by 79 per cent year-on-year in July to 18,818 units, but fell 13pc month-on-month.
The annual rise was driven by new market entrants, new product launches and a surge in auto financing. The month-on-month decline was primarily due to uncertainty surrounding the new auto policy, Myesha Sohail of Topline Securities said.
She expects the positive momentum in auto sales to continue in FY27, with double-digit growth supported by the launch of new variants and the entry of new brands in the market.
Among below 1,000cc, Suzuki Alto and Suzuki Every sales rose to 7,217 and 492 units in July from 2,327 and 230 units, respectively.
