Auto sector posts robust sales, except tractors

Barring the massive drop in tractor sales by 57 per cent to 5,206 units mainly due to sales tax hike, 1QFY25 proved highly satisfactory for the entire auto sector, reflecting a jump of 19-75pc compared to the same period last fiscal year. As per data of Pakistan Automotive Manufacturers Association, car sales surged by 25pc to 20,068 units during July-Sept FY25 from 16,021 units in the same period last fiscal, followed by a 51pc rise in sales of jeeps and pickups to 7,517 units from 4,961 units year-on-year. Truck sales also swelled by 75pc to 772 units from 442 while bus sales soared by 60pc to 926 from 528 units in July-Sept FY24. Two/three-wheeler sales rose by 19pc to 320,187 units from 232,139 units in which the share of Atlas Honda Limited stood at 270,877 units as compared to 232,139 in 1QFY24. The month-on-month (MoM) sales of cars also improved to 7,794 units in September 2024 from 6,417 in August 2024 while sales of pickups, jeeps, vans and SUVs increased to 2,503 units from 2,282 in August 2024.