New Delhi, Dec. 18 -- The Pakistan auto industry continued to be in a tottering stage in November. As per the data from the Pakistan Automotive Manufacturers Association (PAMA) cited by HT Auto, only 4,875 cars were sold in November 2023. In the same period last year, 15,432 cars were sold in Pakistan, the data mentioned.

The decline in car sales in Pakistan is because of a range of factors, including car prices. Pakistan's economic crisis and increase in car prices have lowered the purchasing power of the common man. The Pakistani automotive industry faces challenges like declining demand, increased sticker prices due to currency depreciation, high taxes, and expensive auto financing.

Pakistan's auto industry in crisis; Only 6,034 cars...