Auto sales jump 36pc in July, August amid uncertainty

Despite plant shutdowns and uncertain economic and political situation, the sales of cars, light commercial vehicles (LCVs), pickups and jeeps jumped 36 per cent to 17,288 units in July-August compared to 12,671 in the same period last year. According to the Pakistan Automotive Manufacturers Association (PAMA) data released on Tuesday, the sales of these vehicles remained flat, posting a meagre 1pc rise to 8,699 units in August compared to 8,589 in July. However, year-on-year (YoY), they rose by 15pc. While keeping production activities suspended from July 15-22 and Aug 6-8 due to parts shortage, Indus Motor Company (IMC), the assembler of Toyota vehicles, sold 2,129 units in August, showing a jump of 28pc MoM and 38pc YoY. IMC also recorded a 30pc rise in sales to 3,793 units during 2MFY25 from 2,916 in the same period last year.