The recent economic crisis has all but decimated the car industry. While some automakers are struggling to stay afloat due to limited production, others are offering instant delivery for their cars despite the volatile situation.
One such automaker is Kia Pakistan, offering ‘ready delivery’ on all car models. This implies that customers can take instant delivery of any new car that they book, which also saves them from a possible price hike in the near future.
The offer is available on all variants of Picanto, Stonic, Sportage, Sorento, and Carnival. According to reports, the offer is valid up until June 30, 2023, and on a limited number of units.
Sales Decline
After stable sales growth in February and March 2023, Lucky Motor Corporation Limited (LMCL) saw a big decline in Kia and Peugeot sales.
A recent report stated that Kia sold only 496 cars, observing a 34% decline in sales on a Month-on-Month (MoM) basis. Likewise, Peugeot sold only 59 units of its 2008 SUV, witnessing a decline of 78% on an MoM basis.
The sales of both companies are driven by crossover SUVs. The prices of fuel and SUVs are tremendously high these days. Therefore, it is likely that the low sales are due to reduced demand.
Although, that claim could be proven wrong once the government restores the issuance of Letters of Credit (LCs) for the auto sector imports.
Via: AutoXfinity
only people with black money buying at that unjustified prices, i would rather wait and keep the current vehicle
I am waiting without any current vehicle :/
We will go with current vehicles we have & will maintain well to keep them for next few years. :-) No worries.
For the younger generation. who has studied all its life to get a job so we can move from bike to car. In this current situation, they don’t see myself buying a car in next few years. RIP brain drain.
Prices r damn high as uoted prices don’t deserve these low quality so called SUVs.
Top decision makers are asleep they don’t realize how much fuel can be saved with hybrid technology. Still there is no incentive for citizens. Pakistan can save billions of dollars on their oil bill.