Car sales in Pakistan recorded a remarkable 43% increase in the fiscal year 2024–25, according to the Pakistan Automotive Manufacturers Association (PAMA). The total number of vehicles sold, including cars, jeeps, and pick-ups, rose to 148,023 units, up from 103,829 units in FY2023–24.
In June 2025 alone, sales reached 21,773 units, marking a 64% year-on-year (YoY) and 47% month-on-month (MoM) increase. Analysts attribute this surge to a stable macroeconomic environment, declining interest rates, the launch of new car variants, and improving consumer confidence.
Data shows the auto sector witnessed broad growth across almost all categories. Jeep and pick-up sales rose by 61%, while truck and bus sales jumped by 103.2% and 73.6%, respectively. Motorcycle and rickshaw sales also increased by 32.1%, with over 1.5 million units sold during the year.
However, the sector saw a decline in one area: farm tractor sales dropped by 36.4% to 29,192 units. Experts say this was due to climate-related challenges and low agricultural prices, which left farmers struggling financially.
Experts also credit the sharp reduction in interest rates and easy leasing options for the boom in vehicle sales. “Consumers are upgrading from old vehicles to new ones,” said auto analyst Muhammad Sabir Shaikh, adding that overall buyer sentiment remains optimistic heading into the next fiscal year.