KARACHI — Pakistan's auto industry is experiencing a sales decline, industry sources say, with a total of 38,000 vehicles sold last year, indicating capacity utilization of only 40%. Automakers in the country include Toyota Motor Corp., Suzuki Motor Corp., Honda Motor Co. Ltd., Nissan Motor Co. Ltd. and Hyundai Motor Co. Ltd. Sales of 0.8L cars saw the sharpest plunge, from 16,000 units in the 1998-1999 fiscal year to about 8,000 during the last fiscal year, ending in July. Industry ...
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