Originally published at: https://www.pakwheels.com/blog/changans-new-offer-save-up-to-2-lacs-for-alsvin/
Country’s economy is in Shambles, auto industry is dwindling, production cuts are exacerbating the sales charts. Meanwhile, the local assemblers are dithering over how to settle the matter.
KIA flaunted Niro EV and Stinger to increase the footfall at their dealerships in the face of shattering market and low sales. Following Korean car makers, Changan Pakistan also comes with a way forward – announces a big offer for Alsvin.
What Changan Offers?
The Company is offering the customer to save Rs. 200,000 for Alsvin and enjoy registration rebate, insurance plan with priority delivery coupled with price look policy for the customers.
The company is also offering Rs. 250,000 rebate on M9 Sherpa pickup and Karvaan MPV and Rs. 378,000. on Oshan X7. As per the Changan Pakistan, the offer is for limited time period but didn’t mention the expiry.
Car Sales Drop by 8% Last Month
The continuous production cuts and an incessant downtrend in demand has accelerated the slump in sales. Highlighting the month-on-month (MoM) sales charts, country’s half-beating economic pulse reflects a major effect shattering the fortunes.
Pakistan Automotive Manufacturers Association (PAMA) report disclosed that car sales drop by 8% in December 2022. The automaker sold 16,984 cars last month compared to 18,531 vehicles in November last year. Whilst year-on-year (YoY) sales declined by 38%, selling 84,088 cars in the first half of FY23 against 135,976 vehicles sold in corresponding period of 1HFY22.
Car Financing Faces A Slump
After last month’s car sales charts reflecting dwindling figures, here we come with another report revealing how thumping inflation and import curbs have shattered the car financing sector in the country. And the slump is considerable – Rs. 26 billion from June 2022 to November of the same year.
What do you think about Changan Pakistan’s new offer? Share your thoughts in the comments section.
