According to analysts, Pakistan car sector will show record growth in 2021. It is for the first time in the history of Pakistan that more than 15 new cars are being launched across the country in a single year.
In January 2021, the United Motors unveiled Alpha, Toyota introduced Corolla X, Changan started taking orders for Alsvin and Proton presented X70. In addition, new models were launched in February as well which included ZS by Morris Garages (MG), Sorento by Kia Lucky and Saga by Proton.
Relatively low interest rates also play a great role in raising the number. In the past six months, auto financing soared from Rs211 billion to Rs262 billion, a jump of Rs51 billion.
and Trade of Russia