Car Sales Expected to Remain Flat in April’25
Staff Report
Islamabad: The sales of leading car assemblers registered with PAMA are expected to remain flat clocking at 8,970 units in April’25 (down 1%MoM).
The flat sales are driven by decline in sales of PSMC following price hikes on popular models. Additionally, INDU’s moderate sales aimed losing market share to rising competition from new players.
Indus Motors (INDU) expected to report sales of 3,259 units (up 4%MoM) during the month. This growth in sales is mainly due to higher sale of Yaris, Corolla and Hilux.
Honda Atlas Cars (HCAR) sales are estimated to reach 1,707 units (up 20%MoM) during April’25. The increase in sales is primarily due to higher sales of the City & Civic, amid rise in institutional sales.Pakistan Car Sales Soar 46% in 9MFY25
Pak Suzuki (PSMC) is expected to post sales of 4,004 units (down 12%MoM). This decrease is primarily attributed to lower sales of Alto and Swift as the company increased prices of these models.
However, on cumulative, car sales are expected to reported at 93,310 units (up 37%YoY) during 10MFY25. This growth is primarily attributed to a favorable base effect and lower interest rates that have improved auto financing conditions.