auto industry

Claims used vehicle imports caused Rs45b loss to industry, economy

Import of an average of 3,000 used cars per month is currently pushing growth of local industry into negative

PAMA’s Khan says import of used vehicles has increased by staggering 641% this year

Firms compelled to reduce margins, navigate taxes, inflation to bolster sales

Decrease in inflation, interest rates, new govt fuel hope for growth

Despite YoY decline, sales reach highest level in eleven months

Local companies pivot to new products to curb imports, build economic resilience

Stable prices, reduced interest rates forecasted to drive demand

Embrace car export boom by operating own vehicle carriers

Inflation struggles, plant closures, and export successes shape complex year