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With a budget deficit that has strangled the nation’s economy for decades, manufacturing within the country is more important than ever. Automobile manufacturing in Pakistan is not only important but also an asset to a nation whose lack of a developed public transport system necessitates ownership of private vehicles, hence the high demand. From just over 67,000 cars sold in FY24, the industry zoomed to approximately 120,000 units in FY25, a stunning 60% year-on-year growth.
This surge highlights a strong recovery, with the Toyota (Corolla and Yaris) leading sales, followed by the Honda Civic. This suggests a positive trend in the economy as sales show that Pakistanis are able to afford more expensive cars in comparison to opting for the Suzuki models.
However, a strong bike-to-car ratio still exists at 7.70% which can be interpreted as a result of the lack of transportation infrastructure, the high cost of fuel, and low GDP per capita. The prevalence of bikes exhibits the need for private transportation that can deal with all the issues as stated above, but also marks the necessity due to a lack of an established public transport system.
For More Information:
https://galluppakistandigitalanalytics.com/pakistan-automobiles-manufacturing/