Changan Pakistan Shutting Down Production Is a “Fake News”
Where Pakistan’s half-beating economic pulse coupled with closed LCs (letter of credits) has shattered the sales charts of the local assemblers, fake stories roaming around the market are contributing to the prevailing state of uncertainty.
In a fresh episode, there is a piece of news dispersed on social media posts narrating Changan Pakistan has announced 10 non-production days in the face of the non-availability of parts.
What Changan Officials Informed Us?
In a bid to investigate the matter, we contacted the company official, and he concluded the story with a stance that there is a disruption, of course, due to imports curbs (LCs) inflicted by the State Bank of Pakistan. But the news is just an exaggeration.
He further informed:
“We are producing between 700- – 1200 per month based on CKD availability. Our plant is currently still operating on two shifts, but we have slowed the line down with increased manpower training laced with quality improvement measure on all lines to consume the time.”
Changan’s Installment Plan for Consumers
With a plan to flourish its already soaring market share growth, the new entrant, “Master Changan Motor Limited (MCML),” embarks on providing the facilities to its consumers. A week ago, the automaker announced a “price lock policy” to save its customers from burgeoning car prices and rising inflation.
Extending this facilitation process, Changan Pakistan comes with a new financing policy/plan sponsored by Bank Alfalah at all dealerships. Under the plan, the consumers would be able to convert balance payments into monthly installments.
Here is the company’s recent social media post revealing the newly-introduced plan.
