The decline in car ownership in Pakistan has become a significant issue, as highlighted by multiple sources, including ProPakistani and The Express Tribune. According to Ali Asghar Jamali, CEO of Indus Motor Company (IMC), the number of car owners per 1,000 people has decreased from 18 to just 11, indicating a 39% drop. This decline is attributed to several factors, including affordability issues, weak income growth, policy instability, and distorted taxation. Jamali emphasized the need for consistent policies, stating, 'Give me a consistent policy. Any policy will do. But businessmen need certainty to plan long-term investments.' This sentiment is echoed in The Express Tribune, which also points out that despite new entrants in the auto sector, structural challenges continue to suppress demand.