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Tag Archives: Car sales crash amid escalating prices

Car sales crash amid escalating prices


October 13, 2022

KARACHI: Auto sales, including those reported by companies that aren’t members of the Pakistan Automotive Manufac­turers Association, declined in September by seven per cent on a month-on-month basis to about 13,000 units. According to data compiled by Topline Securities, auto sales dropped 51pc on an annual basis amid escalating prices, expensive auto financing and low purchasing power of consumers. The …

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