Over 10 Million Cars are Being Used in Pakistan: Report
The number of cars in Pakistan has reached 10 million from 7.5 million.
According to a major news publication, as much as 250 thousand cars are being registered every year in Pakistan. These cars are assembled by only three Japanese auto companies.
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125,000 small cars are manufactured by one of these Japanese companies, while the other two Japanese companies are assembling the remaining 125,000 cars ranging from 1300CC to 1800CC engine capacities.
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Moreover, around 75,000 used cars were imported from Japan in 2017-18.
In the current financial year, at least 25,000 cars are projected to be imported due to a significant increase in import duties. Also, experts project a five percent increase in the demand for petroleum products.
Via: Jang
