Auto sales swell by 46pc in 9MFY25

Overall auto sales —cars, LCVs, pickups and jeeps—clocked in at 11,098 units in March, reflecting an 18 per cent year-on-year (YoY) rise but fell by 8pc month-on-month (MoM). The MoM decline was mainly due to a high base in February, when car sales typically surge at the start of the year, along with lower sales and delayed deliveries during Ramazan amid shorter working hours and subdued consumer activity. Myesha Sohail of Topline Securities said that the year-on-year growth is supported by a more stable macroeconomic environment, lower interest rates, easing inflation, and improving consumer sentiment. New models and variants also boosted demand, taking 9MFY25 sales to 100,868 units, showing a 46pc year-on-year rise from 69,081 units in 9MFY24.