KARACHI - The four-wheeler sales growth substantially surged by 43 per cent to 140,307 units during FY10 compared to 98,241 in the same period last year. In the single month of June this year total 16,663 units of automobiles were sold, indicating a sharp growth of 25 per cent MoM. This growth is attributed to rebound in macroeconomic situation, enhanced liquidity and improvement in rural economy during the entire course of previous fiscal year. According to a data released by Pakistan Automotive Manufacturers Association (PAMA), Indus Motors during last year 2009-10 recorded highest ever sales of 50,823 (market share of 36pc in FY10) versus 34,146 units last year (market share of 34pc in FY09), up 49 per cent YoY. Moreover, the biggest local car assembler Pak Suzuki sold 79,993 (market share 53pc) versus 50,584 units last year (market share 51pc), up 46pc YoY. However, Honda Car and Dewan Motors lost their market share. Honda Car sales were marginally up by 6 per cent to 12,980 units in FY10. Honda lost its market share from 12 per cent to 9 per cent in FY10. Similarly, Dewan Motors which sold 2,207 units last year was able to sell only 1,371 units in FY10. An analyst at Topline Research foresees that car sales would remain on the higher side going forward as only in the month of June 2010, car sales were 24-month high at 16,663 units. Last time in June 2008, monthly car sales were peaked at 17,044 units. With car sales improving by 43 per cent in FY10,we expect economic recovery, improving consumer confidence along with resumption of auto financing by major banks, will lead car sales the time to come. As a result, we expect assembled car industry to grow by 10-15 per cent in FY11 due to strong improvement in economy car segment sales, analyst said.