Japanese dominance in Pakistan car market under threat

Posted on 11 Aug 2015 by Cobey Bartels

Economic improvement in Pakistan has attracted both European and Korean auto-makers who are keen to make inroads into the country’s Japanese-dominated car market.

Pakistan’s medium-sized economy has reached its strongest point since 2008, with increased investor confidence and easing inflation prompting consumer spending and an elevated demand for new cars. The demand for new cars can also be attributed in part to more leasing and financing facilities than ever before, as the country’s automotive industry continues to develop.…

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