Pakistan Auto Sales falls by 50 percent

Posted on May 12, 2009

KARACHI: Local auto sales in first ten months of the year 2008-09 have declined by 50 per cent year-on-year (YoY) due to economic slowdown, high car prices and high rates of car financing. Pakistan Auto Manufacturers Association (PAMA) has released auto sales figures for the month of April in which cumulative auto sales (Cars+LCVs) posted [...]