auto financing

Auto financing in Pakistan is back on the road to recovery, showing steady growth as more people turn to banks to finance their vehicles. According to the latest data from the State Bank of Pakistan (SBP),…

The State Bank of Pakistan's (SBP) recent decision to cut the policy interest rate to 12 per cent is a pivotal move that will ripple across Pakistan's economy, including the car financing sector. With this…

Auto financing in Pakistan witnessed its 17th consecutive monthly decline in November 2023 in a continued downward trend. According to recent data from the State Bank of Pakistan (SBP), the total car loan…

Highlighting the ebbs and flows observed in the country’s auto industry, this is a third update in a month which reveals the continuous downtrend. Previously, we reported on the sharp decline in both car sales…

In the face of a sharply deteriorating economy, Pakistan's auto financing sector has been on a continuous downward spiral for the past 15 months. According to data from the State Bank of Pakistan (SBP), there…

Diminishing car sales and dwindling production combined with burgeoning interest rates have marred auto financing. As per the reports, car financing marked a new low for the 13th time in July, observing a…

Production shutdown and months-long major downtrend in sales charts are not the only setbacks for Pakistan’s auto industry; incessant decline in the Auto financing sector is another challenge. As per the…

After last month’s car sales charts reflecting dwindling figures, here we come with another report revealing how thumping inflation and import curbs have shattered the car financing sector in the country. And…

Previous month-on-month reports narrated a poor sight of the auto financing sector in Pakistan. Trouble started to surface after a strange car price hike saga and import curbs inflicted by the State Bank of…

There is little doubt left that the automobile industry has been one of the major victims of Rupee depreciation in Pakistan. With the increasing imbalance between US Dollar and Rupee, the federal government has…