Auto financing grows for 12th straight month |
KARACHI: While continuing to show a gradual recovery, the outstanding auto loans reached Rs318 billion in NoveĀmber from Rs315.4bn in October, marking the 12th consecutive month of growth, showed State Bank of Pakistan (SBP) data.
However, this recovery remains modest compared to June 2022 when annual car sales volumes were around 240,000 units and auto financing peaked at Rs368bn,........