KARACHI: Pakistan’s automotive market showed strong growth in October, with sales of cars, vans, pickups and sport utility vehicles (SUVs) rising to 17,333 units, marking a 32 per cent year-on-year (YoY) increase and a modest 1pc month-on-month (MoM) rise.
According to Myesha Sohail of Topline Securities, the YoY growth reflects a stabilising macroeconomic environment, introduction of new variants, lower interest rates, easing inflation, and improving consumer sentiment.
MoM sales remained largely un
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