car 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),…

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.…

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…

A few years back, the automotive industry faced a double blow with declining sales and financing options. Meanwhile, car sales revived but auto loan doesn’t follow the pattern. It’s been more than two years;…

It's been about 24 months since auto financing observed a consecutive downtrend. This episode commenced soon after the country's economy started grappling with depleting foreign reserves and rupee devaluation.…

Following a decline in car sales last month, here's a further update depicting the bleak state of the country's local auto industry. Just a few days ago, the PAMA sales report indicated an 8% decrease in car…

Pakistan's automobile financing sector has witnessed a significant downturn, with a staggering 25.82% year-on-year drop to Rs. 246.26 billion in January 2024, compared to Rs. 331.98 billion in January 2023.…

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…

Pakistan's car market remains sluggish, as car financing continued its decline in August. According to data released by the State Bank of Pakistan (SBP) on Monday, there was a 21.1 percent year-on-year decrease…

Following car production and sales, the auto finance sector in the country is facing the same fate – dropped for the 8th consecutive month. As per the data unveiled by the State Bank of Pakistan (SBP), car…

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…

Following the footprints of the industry’s other sectors, auto financing is also facing a recession. Car financing in Pakistan has recorded a drop fourth time in a fiscal year. As per details revealed by the…

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…

With  rising prices of cars in Pakistan, the new cars have become out of reach for the common masses. Even the hatchbacks, once affordable for middle class, are way too expensive for consumers, especially the…