Automotive sales head towards recovery.

The months-long pain for Pakistan's automobile sector eased somewhat with an increase of 16 percent in year-on-year car sales, which were recorded at 11,678 units in August 2020 as compared to 10,102 units in the corresponding period of previous year, according to the Pakistan Automotive Manufacturers Association (PAMA).

The reversal of trend came on the back of lower interest rates coupled with a recovery in economic activity. It is said Indus Motor Company and Honda Atlas Cars registered sales growth, however, Pak Suzuki Motor Company...