ISLAMABAD — Pakistan’s overall car sales jumped sharply in October 2026, but Toyota and Honda moved in the opposite direction as both automakers recorded year-on-year declines. According to the latest Pakistan Automotive Manufacturers Association (PAMA) data, car sales reached 24,418 units in October, up 41% year-on-year (YoY) and 62% month-on-month (MoM), Topline Securities has reported.
Toyota Sales Fall 10% Indus Motor Company (INDU), which manufactures Toyota vehicles in Pakistan, sold 4,078 units during October, down 10% YoY and 2% MoM. Combined sales of the Toyota Corolla, Yaris and Corolla Cross fell 7% YoY to 3,496 units, while Fortuner and IMV sales declined 27% YoY to 577 units. Honda Records Bigger Decline Honda Atlas Cars (HCAR) reported sales of 2,101 units, representing a 19% YoY decline and a 1% MoM decrease.
Honda City and Civic sales stood at 1,933 units, down 14% YoY and 4% MoM. Meanwhile, combined BR-V and HR-V sales fell sharply by 53% YoY to 168 units. The declines came despite strong growth in the wider auto market, which Topline said was primarily driven by Pakistan Suzuki Motor Company (PSMC).