Auto sales up 45pc

Published
0

KARACHI: Sales of cars, sport utility vehicles, vans and pickups totalled 17,660 units in May, up 19 per cent year on year but down 20pc month on month, taking 11MFY26 cumulative sales to 183,704 units, up 45pc year on year.

The YoY rise was driven by new market entrants, new product launches, relatively lower inflation in previous months, and a surge in auto financing, Myesha Sohail of Topline Securities said.

MoM decline was driven by fewer working days in May due to Eidul Azha holidays, leading to delayed deliveries. Some market speculation around a potential tax rate cut was also circulating, which may have further slowed sales, she said. The two/three-wheeler sales increased by 13pc YoY but down 10pc MoM to 172,433 units in May 2026, taking cumulative 11MFY26 sales to 1.8mn units, up 30pc YoY.

Published in Dawn, June 12th, 2026

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