Pakistan’s automobile market showed mixed trends in March 2026, with conventional vehicle sales declining while electric vehicles (EVs) recorded a sharp increase.
According to the latest industry data, total sales of cars, light commercial vehicles (LCVs), vans, and jeeps fell by 9 percent month-on-month to 15,531 units in March, compared to 17,121 units in February.
Despite the monthly drop, the market remained significantly stronger on a yearly basis, posting a 40 percent increase compared to March 2025, when 11,113 units were sold.
On a cumulative basis, auto sales reached 144,029 units during the first nine months of fiscal year 2026, reflecting a 43 percent year-on-year rise from 100,736 units in the same period last year.
Passenger Cars Lead the Decline
The overall monthly slowdown was primarily driven by a drop in passenger car sales, which decreased by 12 percent to 11,702 units in March.
Within this segment, 1000cc vehicles experienced the sharpest fall, plunging 36 percent to 294 units. Cars below 1000cc also declined by 18 percent to 4,961 units, while vehicles in the 1300cc and above category saw a relatively smaller decrease of 6 percent, totaling 6,447 units.
Electric Vehicles Show Strong Growth
In contrast, electric vehicle sales surged by 61 percent month-on-month, rising to 53 units in March from 33 units in February. Although overall EV volumes remain modest, the sharp increase highlights growing consumer interest in cleaner and more efficient mobility options.
Other Segments Hold Steady
Meanwhile, sales of LCVs, vans, and jeeps showed slight resilience, increasing by 1 percent month-on-month to 3,776 units. This indicates that the downturn was largely concentrated in the passenger car segment.
Industry analysts say the divergence between declining petrol vehicle sales and rising EV adoption signals a gradual shift in consumer preferences, although broader market dynamics and affordability will continue to shape future trends.
