Auto-Loans

After car sales, car financing in Pakistan is also bouncing back, driven by a sharp decline in interest rates. The latest data from the State Bank of Pakistan (SBP) reveals that auto financing surged to Rs.…

In a recent report, the state Bank of Pakistan (SBP) has revealed another decline in outstanding car finance for the 18th consecutive month, signaling a noteworthy shift in the country’s auto financing…

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…

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…

The Pakistani automobile industry saw a massive increase in the demand for cars by the end of last year. Compared to 2019, more people bought new and used cars through auto-finance in 2020. According to the…