This is a good sign for local auto scene. Karakoram Motors also known as Changan, is introducing Local Assembled Pick Up, with Chinese collaboration, at just Low price of 292,000 Pak Rs. Hopefully, they would introduce more models, such as a mini van based on this pick up to compete against Bolan, Suzuki Dabba.
Hopefully, more and more players enter the local assembly arena and do what has happened in the motorbike industry. Now there are 46 Motorbike Assemblers/Manufacturers, most of them collaborating with Chinese firms. Previously, The Japanese Brand had the monopoly in the motorcycle industry as well. But that has been broken.
Same thing needs to happen in Car industry. More and more assemblers, possible with French, UK, Chinese, collaborate to BREAK the hold of the JAPANESE monopoly of Honda, Toyota and Suzuki in Pakistan.
People would say, but .. Oh... The Toyota and Suzuki and Honda are too much loved and adored, and there is no chance for new commers.... Think again, look at what I have just said about Motorbike industry. It was previously dominated by Yamaha, Suzuki, the Japanese Monopolizers. But look at now, 46 Motorbike Assemblers have brought the price down from 80,000 for new motorbikes to 30,000 and 35,000 Range for a brand new Bike, whatever the CC range..
Same can happen with Auto Industry, with more new entrants, consumers will definately give them a chance, and ultimately that will bring down the price of cars like Corolla and Civic to International level of 7 to 8 Lakhs.
Insha-Allah..
Karakoram Kalash..