Pakistan breaks record for highest number of cars sold in a month

rock127

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No not just used cars and are registered even most expensive cars like BMW and Mercedes are seeing massive sales. Some cars are given to people after 8 months because companies are full and had to give time of months @rock127
Do you have some links etc for such massive luxury car sales?
 

ezsasa

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Do you have some links etc for such massive luxury car sales?
Found this site :http://www.pakwheels.com/

My general impression is that other than small cars, most of their big cars are heavily influenced by middle east market. And also that their big cars are costlier by atleast 30% than india price after price adjustment, Probably because they are imported fully assembled cars.

Toyota fortuner here is 25 Lcs INR average and there it is 48 lcs PKR.
 

Blackwater

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You mean to say Pakistani car producers we don't have them but foreign companies assemble cars in Pakistan

and who are those phoren companies. hmmmm let me gass

suzuki
honda
toyota

what else?????
 

Blackwater

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You mean to say Pakistani car producers we don't have them but foreign companies assemble cars in Pakistan
only 3 phoren companies assembles cars in pakistan

suzuki
honda
toyota
right ??

what else???
 

Blackwater

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Zarvan

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Pakistan's Japanese-dominated car market poised for new entrants
AFP — PUBLISHED about an hour ago


People gather around vehicles parked in a car showroom in Quetta. ─ AFP

Pakistani mechanics repair a Volkswagen Beetle in Lahore. ─ AFP

A Pakistani employee cleans a car parked in a showroom in Karachi. ─ AFP

People gather around vehicles parked in a car showroom in Quetta. ─ AFP

Pakistani mechanics repair a Volkswagen Beetle in Lahore. ─ AFP


ISLAMABAD: Pakistan's car market has been dominated by Japanese automakers for decades, but a mini-economic revival looks set to attract new players from Europe and Korea into the mix.

Despite heavy taxation on imported vehicles, enthusiasm for owning a car in Pakistan has remained undented ─ thanks in part to underdeveloped public transport in the country's sprawling cities, but also the social status it brings.

Toyota, Suzuki and Honda car assembly plants already work around the clock in the southern port city of Karachi and eastern Lahore ─ yet customers can still wait for up to four months for new vehicles to be delivered.

Now demand for cars in the South Asian giant of 200 million people is accelerating even more quickly, as economic growth has reached its fastest pace since 2008 while renewed investor confidence and easing inflation have spurred consumer spending.

Keen to cash in, a delegation from German auto giant Volkswagen visited the country in recent weeks, according to Pakistani officials and German diplomats.

Company spokesman Christoph Adomat told AFP that while "Volkswagen is constantly evaluating market opportunities on a worldwide basis ... there are no decisions for an investment from Volkswagen side in Pakistan".

Miftah Ismail, the chairman of Pakistan Board of Investment who took part in the talks, said Volkswagen was not the only company expressing an interest.

"There are a number of other companies from (South) Korea and Europe that we are talking to who are thinking of setting up assembly plants in Pakistan," he said, without naming the firms.

Also read: VW beats Toyota to become biggest carmaker

Japanese stranglehold
United States and European cars dominated Pakistan's roads in the early years after it gained independence from Britain in 1947.

But fuel prices made their compact, efficient Japanese rivals more popular and from the 1960s onwards manufacturers like Toyota, Suzuki and Honda gained a stranglehold on the market.

Italy's Fiat made a brief foray in the 1990s, while South Korea's Hyundai as well as Daewoo-owned Chevrolet tried ─ and failed ─ to gain a foothold in the 2000s before the financial crisis forced them to exit.

Because Pakistan charges heavy duties on imported cars less than three years old, Japanese companies with in-country assembly operations can set prices significantly above the regional average.

The bottom-of-the-range Suzuki Mehran costs the equivalent of $6,300 in Pakistan but sells for around $3,900 in neighbouring India. The most popular Corolla 1.3 sedan starts at Rs1.6 million ($16,000), but buyers have to wait months or pay $1,500 for prompt delivery.

The news that Volkswagen was exploring options to enter the Pakistani market has excited car enthusiasts, who are tired of high prices and limited choices.

"I think it is a great idea because Volkswagen cars are value for money and reliability," said Romano Karim, a fan of the classic Volkswagen Beetles from the 60s and 70s that can often be seen on Pakistan's roads.

Haji Mohammad Shahzad, chairman of the All Pakistan Motor Dealers Association, added that having Volkswagen in the market would help drive costs down.

"The monopoly of big three could be broken if Volkswagen produces at least 20,000-25,000cars annually," Shahzad told AFP.

Also read: CCP probing Toyota, Suzuki practices

Renewed confidence
Global auto giants are attracted by Pakistan's booming economy, which the InternationalMonetary Fund predicts will grow by 4.5 per cent in the next financial year.

Investor confidence in the medium-sizedeconomy of $232 billion has improved since a new business-friendly government led by Nawaz Sharif took power in 2013, with Karachi's share market among the world's top 10 performers in the past year.

The country is also undergoing a major construction boom driven by Chinese investment after President Xi Jinping visited Islamabad in April to unveil a $46bn investment plan known as the China-Pakistan Economic Corridor.

Also read: Car sales surge ahead, cross 150,000 mark

Car sales have also boomed thanks to the growth of car leasing and financing facilities. Sales in the 11 months to May this year rose 30pc from a year earlier, according to industry group the Pakistan Automotive Manufacturers Association.

Baber Kaleem Khan, editor of PakWheels.com magazine, said Volkswagen would be well poised to tap into the lower to mid-range market.

"Pakistani automakers haven't really had much competition because their respective domains are well protected by monopolistic business practices," Khan told AFP.

"But given VW's impressive small-range of vehicles, the German automaker can take the market from the ground up and start working to the top."
@Blackwater @Neo and others
 

Alien

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Was just going thru the thread, i noticed that early on in the discussion you have been asked to name the top selling cars in Pakistan.

Is there any reason why this info is still not provided?
There you go... typical (formal) email content :D

The wordings are from a PM who works at an IT company, isn't that correct? ;)
 

sob

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Gentlemen all off topic/idiotic posts and personal attacks have been deleted.

Why can't we have serious discussions without posting all those idiotic posts. Grow up
 

Blackwater

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Baber Kaleem Khan, editor of PakWheels.com magazine, said Volkswagen would be well poised to tap into the lower to mid-range market.


Haji Mohammad Shahzad, chairman of the All Pakistan Motor Dealers Association, added that having Volkswagen in the market would help drive costs down.




Company spokesman Christoph Adomat told AFP that while "Volkswagen is constantly evaluating market opportunities on a worldwide basis ... there are no decisions for an investment from Volkswagen side in Pakistan".

chalo gaal khatam

BTW @Zarvan

keeping in mind the sacority situation and loading shedding, i dont see anybody coming to pak except china
 

Blackwater

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cars like these in Pakistan not assemble or manufactured in Pakistan. they are used car import from Thailand,Malaysia or japan most of them stolen,re documented and sold in pakistan

mind it import duty is cheap if car is 3 yrs or more older. and these are decade old cars

@Zarvan
 

Compersion

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Tata and Mahindra (for their love of SUV) and our bikes are entering into Indonesia why not Pakistan (fellow Islamic country with a large population) ... we also have a lot of second-hand cars ...

Pakistan is able to buy indirectly the Indian maal why not directly they will earn better tax and employment ... The Tatas are already having the Army chief connection and also Tata sells tea apparently in Pakistan and we know the Mahindra connection to Pakistan (emotional perhaps).

Is it that Corolla is cheaper in Pakistan ?? 16,000 USD -> 10.5 lakhs probably does not include taxes ...

and

where do they service the parts for all those cars that are second hand and bring in from overseas ... wont that be more costly in the long-term

the old pajero looks much better to the new one(s)
 

Zarvan

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Tata and Mahindra (for their love of SUV) and our bikes are entering into Indonesia why not Pakistan (fellow Islamic country with a large population) ... we also have a lot of second-hand cars ...

Pakistan is able to buy indirectly the Indian maal why not directly they will earn better tax and employment ... The Tatas are already having the Army chief connection and also Tata sells tea apparently in Pakistan and we know the Mahindra connection to Pakistan (emotional perhaps).

Is it that Corolla is cheaper in Pakistan ?? 16,000 USD -> 10.5 lakhs probably does not include taxes ...

and

where do they service the parts for all those cars that are second hand and bring in from overseas ... wont that be more costly in the long-term

the old pajero looks much better to the new one(s)
10.5 lac is the starting price of Corolla the other Toyota cars are also doing massive sales like Camry and Honda Civic also has massive sales and many other companies like Mitsubishi and many many more
 

Zarvan

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Honda Civic massive sales in Pakistan massively used at least you can get it after 4 months after ordering that tells a lot
 

Zarvan

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You can get this car also after 4 to 6 months after you ordered it.
 

Zarvan

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At least 8 months booking and than you can get your hands on this one
 

Zarvan

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Even this has to be booked at least 2 months. Only than you would get and also Mercedes even if its cheapest model is of 64 lacs in Pakistan still you can see its increasing in numbers on daily bases you can easily find Mercedes S class on streets BMW 7 series is also found a lot and other companies are also jumping in
 

Blackwater

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Honda Civic massive sales in Pakistan massively used at least you can get it after 4 months after ordering that tells a lot
looks like city not civic bera der

Btw these cars are still assemble in Pakistan with little local content
 
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