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Pakistan's car sales surge 32% in 2024-25, fueled by lower interest rates and new models.
In the first ten months of 2024-25, Pakistan's car sales increased by 32.24% to 83,269 units, compared to 62,964 units in the same period of the previous year.
Despite a 5% month-on-month decline in April to 10,596 units, sales saw a 1% year-on-year increase.
The rise is attributed to lower interest rates, improved consumer sentiment, and new model launches.
Two- and three-wheeler sales increased by 26% year-on-year.
Tractor sales fell by 48% due to weak farm economics.
The industry's growth is expected to continue until June.
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Las ventas de automóviles de Pakistán aumentan un 32% en 2024-25, impulsadas por tasas de interés más bajas y nuevos modelos.