Growth Continues for Auto Industry
Despite the Japanese domination heavy imports Pakista automotive industry enjoys the boom. Past year was no doubt the great year for sales with the record number of 179,953 vehicles sold. Now it is expected the industry will beat that number till June this year with an investment of $5 billion investment. As of today models of some cars has expired and new models will be in the market for 2016 which will maintain the momentum of sales. At least one new car is the small range or one new model is expected to be introduced. The market is not very potential for new entrants due to Japanese domination in new and imported vehicles.
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