KARACHI: The downward trajectory in the interest rate continued to lure buyers towards auto financing, which increased to Rs257.3 billion at the end of March from Rs249bn in February.

A 1,000bps cut in the interest rate to 12pc from an unprecedented 22pc in June 2024 and price stability are encouraging buyers towards new and used cars.

Auto financing started improving in August 2024, when it was Rs227.3bn. In June........

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