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Automobile Assemblers: Auto sales up 31% YoY in Dec-2025, decline MoM – By JS Research

JS Global Capital
  • Auto sales maintained their strong growth trajectory in Dec-2025, rising 31% YoY to ~13.3k units, with strong growth across all four major players including HCAR (+75% YoY), INDU (+40% YoY), Pak Suzuki (+9% YoY) and SAZEW (~3x YoY), taking 1HFY26 volumes to ~88.3k units (+45% YoY).
  • On a MoM basis, however, four-wheeler sales declined 14% in Dec-2025, in line with historical seasonality, as consumers typically defer purchases to opt for newer model year vehicles.