KARACHI: Vehicles sales in Pakistan continued their upward trend, rising 48 percent during the first four months (July-October) of the current fiscal year (FY27) compared with the corresponding period of the previous fiscal year, it was reported on Friday.
According to Pakistan Automotive Manufacturers Association (PAMA) data, car sales increased by 48% to 63,418 units.
Sales of trucks went up by 51% to 3,476 units, and the sales of farm tractors surged by 41% to 8,263 units.
Two- and three-wheelers, including motorbikes and rickshaws, sales rose by 27% to 753,902 units.
However, sales of jeeps-cum-pickups and buses went down by 32% to 11,391 units and by 16% 269 units respectively.
All other segments registered a healthy YOY growth during the period July-October, Pakistan Automotive Manufacturers Association (PAMA) Director General (DG) Razi-ur-Rahman said in a statement.
During the first four months of FY27, passenger cars registered YOY growth of 24% in production and 48% in sales.
Conversely, jeeps, and pickups experienced stagnant momentum, posting a 5% decrease in production alongside a sharp 32% decline in sales.
Meanwhile, farm tractors posted a 41% surge in sales, as production grew by 22%.
The two and three-wheelers categories maintained consistent growth, recording a 26% increase in production and 27% growth in sales compared to the same period last year.
