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Kia launches 11-seater passenger car, 1-ton pickup in Pakistan

FalconsForPeace

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A new entrant into Pakistan’s auto sector, South Korean carmaker Kia, has launched two new vehicles – Grand Carnival 11-seater family passenger car and a one-tonne pickup – in the form of completely built units.

The cost of the Grand Carnival starts from Rs3.9 million, while price tag for the one-tonne pick-up stands at Rs1.9 million.

After signing an agreement with the Ministry of Industries and Production last year for the production of light commercial and passenger vehicles, the company has now opened its first dealership in Karachi with plans to open more across the country.

Kia Motors is launching its vehicles through a joint venture with Lucky Cement. It has partnered with Yunus Brother Group to form Kia-Lucky Motors.

Speaking on the occasion, Kia-Lucky Motors CEO said: “We are very pleased at the opening of the first Kia dealership with the launch of Grand Carnival, which is a multi-purpose passenger vehicle for families. In a short time, more Kia dealerships will be opening up across Pakistan.”

The changing landscape and face of Pakistan’s auto sector

He revealed that the company was also building assembly plants and working on transfer of technology and vendor base expansion that would generate enormous job opportunities and investment, thus creating a healthy competition in Pakistan market.

Grand Carnival comes with a four-year or 100,000km warranty. The car has a 3.3-litre engine mated to a six-speed auto transmission.

Apart from Kia, South Korean companies Hyundai and SsangYong Motor, Germany’s Volkswagen, France’s Renault and Japan’s Nissan have also announced plans and formed partnerships to enter Pakistan’s auto market, most probably in the next one year.

Local importers like United Motors and Sazgar, the manufacturers of two-wheel and three-wheel vehicles, have also made plans to enter the country’s lucrative four-wheel industry.

The government’s Auto Industry Development Policy 2016-21 has been credited with paving the way for new entrants and subsequently breaking the monopoly of three Japanese manufacturers in Pakistan’s auto market.
https://tribune.com.pk/story/1727606/2-kia-launches-11-seater-passenger-car-1-ton-pickup-pakistan/
 
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At 40 lakh, what is their customer base?

A minivan like this is parked almost at every drive way of a house which has a family. With 40 lakh as price tag, a very minute segment of society will be able to afford this vehicle.

Seems like the priorities of auto makers are similar to priorities of our politicians.

I keep wondering with prices above 18 lakh for most of vehicles, these auto companies are missing a huge market for small cars. No one seems interested in that middle and lower middle class segment.
 
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At 40 lakh, what is their customer base?

A minivan like this is parked almost at every drive way of a house which has a family. With 40 lakh as price tag, a very minute segment of society will be able to afford this vehicle.

Seems like the priorities of auto makers are similar to priorities of our politicians.

I keep wondering with prices above 18 lakh for most of vehicles, these auto companies are missing a huge market for small cars. No one seems interested in that middle and lower middle class segment.
We need good car under a 1 million price tag... that's a huge segment.
At Rs 4 million an 11-seater will squarely aimed at either very large families or transporters i.e. APV section. But for a family it may not be so useful since it will stayed parked most of the time..
We had a Toyota Hiace High Roof version for the family travels but for the most part of the year, it stay parked so we sold it.
 
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spec are good if we look at price tag ..
Agree but still little expensive , 2.9M is good price , 1 million cheaper then current price will increase sell too.
Instead of 2.5M corolla or Honda people will this.
 
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what kind of customer are they aiming at?
2 THINGS
1) In this CAT there is no competition.
2) They launched it to be in market and people talking about them.

The real gamechangers are RIO and Sportage
BTW they priced there products really good.

Agree but still little expensive , 2.9M is good price , 1 million cheaper then current price will increase sell too.
Instead of 2.5M corolla or Honda people will this.
Its 3.3L V6
and all taxes in pakistan are based on CC not by worth of car
 
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Agree but still little expensive , 2.9M is good price , 1 million cheaper then current price will increase sell too.
Instead of 2.5M corolla or Honda people will this.
bhai jan its 3.3 V6 engine along with luxury spec ....

1.8 Civic is being sold at 3 mil
 
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its available with the same price here in UAE. so prices are justified considering too many duties on car import in pakistan
 
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1. The two cars launched are CBU imports that are priced according to zero custom duty under the greenfield investment plan in AIDP 2016. Only 100 units of each model will be allowed to be imported duty free for test marketing.

2. KIA-Lucky plant is currently under construction in Karachi and will start rolling out cars by end of 2019. CKD variants will include Sportage, Rio & maybe Picanto. CKD kits will not be imported from India, nor is PK market an export destination for Indian manufactured cars.
 
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