Last year in June, we were reckoning about the relief to be given in budget, and yet, we are once again at the same point but with even worse cards. Political and economic chaos seems to be fighting for a new high. The industry is on the verge of collapse. The same is the situation with the local auto industry. All the car companies in the country, including Kia, have to face the music, and are announcing offers to at least survive or maintain the footfall at their deserted dealerships.
In a recent development, Kia Lucky Motor comes with a limited-time ‘ready delivery’ for all its car models.
Meaning, customers can avail of this offer as an instant delivery. Suffice it to say, there is zero wait for delivery and no near future price hike.
Picanto, Sportage, Stonic, Sorento, and Carnival are the variants come under this immediate delivery offer.
Following Kia Motors, Chery Pakistan (Gandhara Automobiles Limited) announced the same. The company is offering a ‘ready delivery’ of Chery Tiggo 8 Pro for its customers.
Reason Behind Offers?
And the reason behind these offers is the ongoing economic meltdown leading to the industrial disaster shattering the local car sector. Pakistan Suzuki Motor Company (PSMC) came as the most affected market player. The company has written a letter urging him to refrain from imposing new taxes or increasing existing levies in the upcoming 2023-24 budget, which is set to be presented on June 9, 2023.
In a letter addressed to the prime minister, the company expressed the dire circumstances it currently faces. Having already incurred substantial losses of Rs12.9 billion in the first quarter of the current year, Pak Suzuki attributed these setbacks to the prevailing economic uncertainties. The company highlighted its struggle by referring to the implementation of “no production days” on a monthly basis. Furthermore, Pak Suzuki shed light on the repercussions faced by its dealers and vendors, with some forced to close down and many others teetering on the edge of closure.
