Pakistan’s automotive industry has been making a lot of headlines lately owing to the entry of numerous new automakers. A recent development has revealed that SAIC Motors may be planning to set up shop in Pakistan.
This news is based on a tweet by the renowned Pakistani journalist, Faseeh Mangi, according to which the automaker is planning to set up a manufacturing plant in the country this year.
China's largest carmaker SAIC Motors plans to open a production base in Pakistan this year, in addition to its overseas production bases in India, Thailand, and Indonesia. They own the MG Motor brand among many others pic.twitter.com/Jgo0FIPiRG
— Faseeh Mangi (@FaseehMangi) January 11, 2021
SAIC Motors one of the largest Chinese automakers with a presence in numerous international markets. It has been listed as one of the Fortune 100 companies of the world and prides itself on having one of the largest production volumes of all the automakers around the world.
In addition to owning Morris Garages (MG) that debuted in Pakistan a few months ago, Roewe, Maxus, and Yuejin, SAIC Motors produces vehicles in joint ventures with multiple international automakers like Skoda, Volkswagen, Buick, Chevrolet, and Iveco among a few others.
Although details about when the company will begin operations in Pakistan or what products it will be launching here are currently unknown, if the reports that another Chinese automotive giant is coming to Pakistan this year are to be believed, it seems likely that the local auto industry is on its way to bright days ahead.