Pakistan, Jan. 8 -- During the first four months of the current fiscal year, car imports have fallen by a staggering 53% and in monetary terms, imports have fallen from $245,430 million to $108,350 million, with a huge $137,080 million decline.

While this is a good thing for the overall trade deficit and the economy, it isn't that good for the car dealers and the transport sector of Pakistan. From July to November 2019, CKD (completely knocked down) and SKD (semi-knocked down) units saw their imports fall to $92,229 million from $205,041 million, a decline of 62.69% as compared to 2018. In the case of CBUs (completely built units), their imports fell from $36,805 million to $12,588 million, a decline of 67.45% compared to the same period...