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Al-Haj FAW disclosed its plans to assemble V2 in Pakistan

The Sandman

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The CEO of Al-Haj FAW Hilal Khan Afridi has hinted towards the possibility of producing its popular V2 Hatchback in Pakistan from December 2016. The company is importing the FAW V2 as completely built units (CBUs) from China for now. But FAW loaders and truckers are already being assembled in Pakistan. Al-Haj FAW is part of the A-Haj Group and sells passenger cars like V2, Sirius Grand, Sirius S80, and X-PV.

Al-Haj FAW CEO told this while talking to BR. He told the paper that only 1300cc car is being currently imported from China for sale in Pakistan. But the company is preparing to launch 1000cc and 1300cc V2 models in Pakistan. Bear in mind the V2 was launched last year in 2015 and competes with 1300cc Suzuki Swift and Toyota Vitz in same engine segment and Suzuki WagonR and Suzuki Cultus in same price bracket.

Hilal Afridi said that the V2 is far better compared to most cars that are being offered in Pakistan. V2 although is cheaper but comes with ABS brakes, airbags, power steering, power windows, and has a fuel efficient engine. Talking about the fuel efficiency of the car, he said V2 does 15-16 km/l within the city and around 18 km/l on long routes.

Answering a question about the new auto policy, Al-Haj FAW CEO said there are many hopes connected to the new 2016-21 auto policy. He further said the policy would fulfill its potential if it’s able to bring 3-4 new automakers in Pakistan in next five years. He appreciated the benefits that are being offered to new potential new investors in the auto sector. He provided the example of South Africa where new investors are provided with various concessions, like free electricity for the first couple of years and land to set up plants and factories. And if similar incentives are provided to new investors here in Pakistan, that can attract new investments more quickly.

The CEO said that the used car imports are hurting the local auto industry. The auto policy should only allow import of new CBUs and not used cars. Mr. Khan praised the new policy saying its intentions are to help the Pakistani auto consumers but also said that the government should restrict the used car imports.

Also Read: The FAW B30 Can Be A Good Addition In 1600cc Segment In Pakistan

Mr. Khan further told the paper that Al-Haj Group and FAW China signed a memorandum in February 2016 where FAW China would increase its investment in Pakistan. FAW is China’s government-owned automaker and has been making cars and trucks for last six decades. It is China’s largest and oldest auto company. FAW has worked with Volkswagen as well as Audi in the past. Currently, FAW is assembling cars in cooperation with Toyota, General Motors, and Mazda including few others.
http://www.pakwheels.com/blog/al-haj-faw-disclosed-plans-assemble-v2-pakistan/
 
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Driven-FAW-V2-Pakwheels-Exterior-4.jpg

It's a really good news i guess maybe we will be seeing these too in a few years
B70
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B50
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New vehicles mean no resale value. What do you expect? At least, some new vehicles are being available to cater. I wouldn't mind buying new vehicle with poor resale value. If you guys are into resale value, then it doesn't make sense to complain about why no car manufacturers invest in Pakistan. Hyundai/Kia did at one time but gave up due to poor resale value.

Toyota/Honda resale value is high because they have been here for the long time in Pakistan, hence the resources. You have to give same time to other manufactures as well, but for starter, just purchasing their cars to support their company.
 
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good job Mr Afridi
and i thought no new comers are coming at all
seems more a Pakistani venture than foreign investment
 
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YESS :) :cheers:but than again our awaam be like "inki to resale value ni hai" :angel:

Awam are right, there are reason for resale value: Durability and spare parts availability.
Big cities has good roads smaller don't have. This car is getting reputation of durable.
But a person living in Sargodha or Khoshab or Mianawali just has to come to Lahore for a broken side mirror or a tale lamp, why would he buy this car ? That's why they buy corolla and suzuki and that's the reason these have resale value.
Most recently Honda also got into the line.
Spare parts distribution is difficult, FAW has to work on it.
 
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sheikh Saab yeh tu hand ho gaya phir .. Main tu european makes kay sapnay dekh raha tha ..
Islamabad mein aik jotoan ki dukaan hay jo apney kotoan par likhti hay Made as Italy bus wohi hisaab hay :D
 
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looks like several car manufacturers are coming to Pakistan after the monopoly of 3 major manufacturers is coming to cease.

Chinese, South Korean and Germans are going to take major share out of Japanese rivals
 
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