Outlook brightens for auto sector amid rising sales - News Summed Up

Outlook brightens for auto sector amid rising sales


The auto sector of Pakistan has recently touched a new level of sales in the four-wheeler passenger category, brightening up the future for this sector of the economy. “It is an easy investment which brings good returns for investors.” Pakistan’s total car sales witnessed a 90% jump during fiscal year 2020-21. Global car sales are expected to remain just below 70 million units in the year 2021. Worldwide car sales were recorded at 63.8 million units in 2020. Khan stated, “We need to understand the market, segment by segment.


Source: The Express Tribune August 16, 2021 04:52 UTC



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