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Car sales soar on policy rate reduction

Summary by The Express Tribune
Passenger car sales rose by 32.2% to 83,269 units during the first 10 months of the current fiscal year compared to the same period in the previous year because of a fall in interest rate announced by the State Bank of Pakistan (SBP) and improved buyer sentiment. According to data released by the Pakistan Automotive Manufacturers Association (PAMA), sales of all vehicles, including two, three and four-wheelers, went up, while sales of farm tract…

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famagusta-gazette.com broke the news in on Monday, May 12, 2025.
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