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United Bravo launched with price tag of Rs. 8.5 Lac in Pakistan

The United Motors has launched its first 800cc United Bravo passenger car in Pakistan. The launching ceremony was held on yesterday in a local hotel of Lahore where automobile dealers, motorcycle dealers of United Bikes, Government officials from EDB, president LCCI, different vehicles associations representatives of media and many other guest were present, while Chief Guest was Hafiz Mumtaz, Provisional Minister of Excise and Taxation.

The hatchback automobile comes with a 3-cylinder water-cooled engine producing 40 BHP and 60 NM torque and a 4-speed manual transmission. The body type is 5 – door Hatchback. The seating capacity is 5 persons and fuel tank capacity is 30 L. For your comfort, the car is also equipped with an air conditioned.

United Bravo features a powered steering, powered windows, touch screen infotainment system, wooden exterior and interior, RPM, USB ports, defogger, alloy wheels and speedometer dials etc.

Other features include rear parking camera, alongside seat-belt warning indicator and a remote keyless system. For safety, there is a seatbelt, back foor lock and steering lock. United Bravo comes with a price tag of 850,000. The car is available in three colours; White, Silver and Grey.

While on sideline of the event MD of the United Motors Sana Ullah Chodhary told Automark that Car will be available at our 3S dealers across country within next few days while more dealers are almost ready to receive Bravo cars too. Plant capacity of the car is 35,000 per year in single shift for only Bravo cars.

There was a lot of hype and speculation has been created about this car, mainly because it was believed that United Bravo will break the monopoly of other companies by introducing a price affordable car in the country.

United Auto Industries (Pvt) Limited is the 1st local brand and 2nd Largest selling brand of United Motorcycles in Pakistan. The Company received Green Field Investment status under new auto policy 2016-2021 from Ministry of Industry and Production in June-2017.

Toyota halts production in Japan after deadly quake

TOKYO — Toyota is stopping most of its auto production in Japan as a result of a deadly earthquake in northern Japan.
Due to the interruption in its supply chain there, the automaker will idle factories beginning Saturday, the company said.
Toyota will halt planned production at its Kyushu, Tahara and Toyota Auto Body plants. Those factories make Lexus vehicles and the Toyota Land Cruiser, among others, some of which are bound for the U.S. markets.
Spokeswoman Akiko Kita said, starting on Monday, the shutdown will affect all Toyota and Lexus lines in Japan, except for two Daihatsu plants that also manufacture Toyota-brand vehicles. Toyota has 18 plants that produce vehicles in Japan.
The company could not immediately comment on the supply chain impact on overseas operations. The earthquake struck the northernmost island of Hokkaido before dawn on Sept. 6, killing more than a dozen people and leaving the entire island without power.
Authorities were slowly restoring utilities on Friday but swaths of the region remain offline. Toyota has a plant in Tomakomai, Hokkaido, that makes automatic transmissions, continuously variable transmissions and transfer cases. It was still without power on Friday night, Toyota said.
A spokesman for Toyota’s North American business said the initial production halt is not likely to have much impact on North American operations. The automaker could not say when production will resume.
Meanwhile, Nissan Motor Co. spokesman Koji Okuda said the company did not expect any production interruptions from the quake because it has no manufacturing facilities in Hokkaido. Nissan does have a proving ground there, however, and operations there were temporarily suspended due to the power outage.

Toyota, Geely In Talks About Cooperation In Hybrid Vehicle Tech

Toyota and Geely are in talks over possible cooperation in the area of hybrid technology, the automakers confirmed on Friday to Reuters. But nothing has been decided on the matter.

Partnering with Toyota, a leader in hybrid technology due to decades of experience with the Prius line, could enable Geely to get a jump start in the area of electrification.

The Chinese automaker already has access to hybrid technology through its ownership of Volvo, which currently offers models with plug-in hybrid powertrains. It also has a 9.7-percent stake in Daimler, parent company of Smart and Mercedes-Benz, which it could also tap.

Electric cars may be all the rage right now but hybrid vehicles are expected to play a more important role in the coming decade as automakers look to reduce their emissions. This is especially the case now that many major automakers are in the process of transitioning to fully electrified lineups.

Electrified cars include mild hybrids, regular hybrids, plug-in hybrids, electric cars and hydrogen fuel cell cars.

For example, Toyota, which is the world’s biggest automaker by volume, has an annual sales target of 5.5 million electrified cars, or roughly half of its total sales, by 2030. Of these, only about 1.0 million will be electric or hydrogen, with the rest to be hybrids.

It is worth to mention here that Zhejiang Geely Holding Group (Geely Holding) and Proton Holdings Berhad (Proton) have both agreed terms to allow Proton cars to utilize core technology platforms by Geely, as both companies have signed a new agreement recently to further extend their partnership.

Geely to acquire a 49.9% stake in the former from DRB-Hicom back in June 2017, with the aim of improving Proton’s domestic market share and exploring international expansion opportunities both locally and overseas.

Recently AlHaj Group, Pakistan has sign an agreement with Proton Malaysia to introduce range of vehicles in Pakistani market and later will assembler these cars in locally.

Pak Suzuki has finally decided to discontinue Suzuki Mehran from April 2019

Pak Suzuki will discontinued both of its passenger car models of Mehran VX and VXR from April 2019. The news about discontinuation of Suzuki Mehran has been making headlines for a long time and now seems that Pak Suzuki Pakistan has finally taken the decision.

Also Read : Suzuki has finally decided to phase out of Mehran Car Model VX from Pakistan

According to our sources, the production of the model SB-308 (Mehran VX IM & VXR IM) variant will be discontinued permanently from April 2019. Previously, in July 2018, media reported regarding the discontinuation of Suzuki Mehran model VX from November 2018 and company will not produce any VX model of Mehran after November-2018.

Pak Suzuki will produce 23,821 units of Mehran (VR & VXR) from September 2018 till March 2019 while they will discontinued VX model from November-2018.

As per our sources, company asks his suppliers to only provide the necessary amount of parts to avoid any surplus. Furthermore, the management requests its vendors to carry out effective material and production management for the smooth production of remaining vehicles and avoid any surplus inventory at the time of model discontinuation.

by Aqsa Mirza

Japanese car maker Suzuki decides to pull out from China market

Firm’s small car strategy did not keep pace with market development and saw sales decline from 2011 onward

Suzuki Motor Corp. said Tuesday it will dissolve its joint auto production venture in China, exiting from the world’s biggest auto market as consumers’ appetite continues to shift away from compact to large vehicles.
Suzuki sees little growth potential for the compact car segment in China, as more customers are looking to large vehicles with their rising incomes. The company also expects few business opportunities in the near future as the Chinese government is pushing for electric vehicles, a category in which the Japanese company has lagged behind its rivals.
“Approximately 25 years ago, we launched the Alto in China, and since then we have made efforts to cultivate the Chinese market,” Osamu Suzuki, chairman of the company, said in a release.
“Due partly to a shift in the Chinese market to larger vehicles, we have decided to transfer all equity to Changan Automobile.”
Suzuki sold 105,000 vehicles in China in the fiscal year ended March 2018, only a fraction of the 3.22 million vehicles it sold worldwide in the same fiscal year.
Previously, there were rumours that Suzuki would withdraw from the Chinese market, though the company had repeatedly dismissed them.
The Japanese car maker had two joint ventures in China, namely Changhe Suzuki and Changan Suzuki. In June of this year, Suzuki officially withdrew from Changhe Suzuki, which it had held for 23 years.
The company said in a statement that, in addition to growing pressure from homegrown rivals, a change in Chinese consumer tastes away from Suzuki-style compact cars to larger SUVs had added to the company’s decline. Suzuki will now exit from its 50-50 joint venture with state-run Chongqing Chang’an Automobile Co.

Pakistan Road Safety Conference on 5th September 2018 in Lahore by Institute of Road Safety Traffic Environment Pakistan

Shoaib Ahmed Siddiqi, Secretary Minister of Communications, government of Pakistan will be honourable chief guest of the conference.While, Honda car is the main sponsor of the event.

The motto of the conference is Safe Journey for all. The conference is aimed to discuss different steps necessary for drivers and passengers road safety like road safety management, safer roads and mobility, safer vehicles, safer road users and post crash response.

Road safety is a global issue and unfortunately over 25,000 people die in Pakistan annually due to road accident and poor traffic negligence. While thousands other are seriously injured and many are disabling for life. This figure is quite alarming and even more alarming is the trend and the attitude people have about roady safety measures. If awareness about roady safety and traffic rules is not given properly, the number of people killed and injured on our roads will be grown double in coming years and that will become burden of cost to family, society, economy and government.

IRSTEP is committed to achieve the goal by addressing following points of roads safety:

1. Road knowledge
2. Influence road safety
3. Influence road user behaviour
4. Improve fuel efficient driving

Moreover, IRSTEP believes that road death and injury is preventable if we follow certain driving and traffic rules. IRSTEP has also encouraged, organized and supported several workshops, seminars and conferences regarding road safety and this conference will surely be another good move to create awareness about driving and traffic rules and how to deal with post crash response.

Earlier, IRSTEP organized the third Automotive Summit 2018 on February 22 in Lahore, where they highlighted various steps related to road accidents and consumers safety and the role of academic institutions in this regard. The theme of the conference was to promote safety today to ensure a secure future for everyone. The main sponsor of the event was Honda Atlas Cars while backup support was provided by United Motors, New Asia Motors and Servis Industries.

The role of Honda Atlas Cars is laudable as they are the main sponsors of the both events. The company is also highlighting and encouraging various steps necessary for road safety and creating awareness in public related to traffic rules and regulations. More auto companies should come forward and play their key role in addressing road safety measures and help implementing traffic rules.

by Aqsa Mirza

Supreme court and PM took a notice against government’s luxury cars in Pakistan

Cabinet Division has begun preparations to auction Prime Minister House cars. It also includes Shahid Khaqan’s advanced 6 Mercedes S 600 which he imported for personal use. The price of one car is around 18 crore and all vehicles are high-tech and bulletproofed. The government will soon give an ad about car auctions and the proceeds of the auction will be deposited into the government treasury.

The Supreme Court of Pakistan is also taking action against luxury cars in Pakistan.Yesterday, Chief Justice Saqib Nisar said there are 38 luxury cars in Punjab, 67 in KPK, 40 in Balochistan and 149 in Sindh that are in use of unauthorized officials and their net cost is more than 1 Billion. Chief Justice ordered all the provinces to auction these luxury cars. Chief Minister of Sindh Syed Murad Ali Shah has 18 luxury cars in his use and among them 10 are bulletproofed. Chief Justice said there should be an action against those who hold luxury cars without any obvious purpose. He also remarked that families of some government officials are also using these high tech luxury cars. During a hearing, it was told that Deputy Comissioner of 4 cities Hyderabad, Larkana, MirPur Khas and Sukkhr has total of 30 luxury cars. Surprisingly, Sindh government has been failed to find out 626 missing luxury cars in the province from last two and half years. But Sindh government is spending more than 1 billion rupees annually on the services and petrol of these mission cars.

Earlier, Prime Minister Imran Khan announced in his inaugural speech that the Prime Minister House has 524 servants and 80 cars. He said, “ We will put all the cars up for auction. However, I will have to keep two of the cars because of my intelligence agencies told me that my life is under threat. We will be auctioning off all the other bulletproof cars. I invite businesses to come and buy them. We will put the proceeds of that auction in the state treasury.”

by Aqsa Mirza

Indus Motor Company Declares Profit after Tax of PKR 15.8 Billion for FY18

The company also announced PKR 3.3 Billion new investment to enhance its vehicle manufacturing productivity, resulting in capacity increase to 76,000 units per annum.

Karachi – 29th August, 2018: The Board of Directors of Indus Motor Company (IMC) Ltd. met on August 28, 2018 to review the company’s financial and operating performance for the year ended June 30, 2018.
The company posted net sales revenue of Rs. 140.2 billion, up by 25% as compared to Rs. 112.27 billion last year, while profit after tax grew by 21% to 15.8 billion from Rs. 13 billion posted last year and profit before tax grew by 20% from Rs. 19.1 billion last year to Rs. 23 billion in the year ended.
The overall increase in the revenue and net profits is attributed to higher sales volume on account of the launch of new models, change in sales mix and higher other income owed to increase in fund size. Demand momentum for automobiles remained solid throughout the period, due to increased spending power, despite rising fuel prices and accessibility to reasonably priced auto financing.
The company operated its manufacturing facilities beyond capacity working daily in overtime hours and off Saturdays to produce 62,886 units, up by 5% compared to 59,945 units last year.
Keeping in view the sustained growth in demand year on year, the Board of Directors approved a new investment of PKR 3.3 Billon to further enhance vehicle manufacturing productivity, which is expected to result in capacity increase to 76,000 units per annum by 2020-21. This plan will take the overall investment by the company to around PKR 7 Billion on improvement of production volumes.

Also Read : Indus Motor to launch Toyota Rush 1.5L SUV in Pakistan

Ali Asghar Jamali, CEO Indus Motor Company said, “We are committed to the Pakistani market and to our loyal customers who have shown great trust in our products year on year. We are delighted to announce a new investment of PKR 3.3 billion to further enhance annual manufacturing productivity, resulting in increased capacity to 76,000 units”
The combined sales of Toyota CKD and CBU vehicles stood at 64,000 units, up by 5.7% compared to 60,586 units in the previous year. In spite of the increased volume, IMC’s market share declined from 28% to 24%, mainly due to overall market expansion and growth.
In August 2017, the Company launched Toyota Corolla Big Minor Model Change consisting best-in-class safety and luxury features, which kept the demand strong for the flagship vehicle. The sales for Toyota Corolla stood at 51,412 units for the period, down by 2.4%, compared to 52,676 units last year.
Toyota Hilux was launched in February 2018, with minor improvements and with advanced features aimed at luxury and a superior off-road performance. The combined sales of Hilux LCVs grew 27.5% to 7470 units compared to 5860 units sold during the same period last year.
In March 2018, Toyota Fortuner underwent a minor model change with cutting-edge features and another variant of diesel engine was launched. This resulted in increased sales of 4186 units, up 204% compared to 1375 units last year. Camry Hybrid Vehicle was also an addition to the product line-up this year.
Based on the results, the Board of Directors announced a final dividend of PKR45 per share, making the annual dividend for the year PKR 140 per share. During the year, the Company contributed a sum of Rs. 48 billion to the national exchequer, which amounts to about 1% of the total revenue collection by the Government of Pakistan for the year.

  • Press Release

ALHAJ Group signs agreement with Proton Motors in Malaysia

BREAKING NEWS

Pakistan’s Alhaj Automotive Private Limited (a new company of ALHAJ Group) have signed an agreement with Perusahaan Otomobil Nasional (National Automobile Company) aka PROTON on 29th August as the Exclusive Authorized Distributor and Assemblers of Proton Vehicles in Pakistan.


Agreement signing ceremony was held at Proton Motors Head Office in Kuala Lumpur by Mr. Hilal Khan Afridi, along with the Alhaj Group Chairman Mr. Haji Shah Jee Gul Afridi, Mr. Nadeem Ahmed Salmi and Mr. Farhan Hafiz representing ALHAJ GROUP while Mr. Steven XU Yuan, Director of International Sales Division, Proton was present at the occasion.
As per the initial information available ALHAJ plans to introduce modern and high tech vehicles in different categories including entry level sedans, Mid level Sedans, Crossovers/ SUVs, MPV and Hatchbacks to of entry-level like Sedan, Midsize Sedans, Crossovers/SUV, MPVs, and Hatchbacks in Pakistan. The vehicles will be equipped with the latest and state of the art technologies.

Also Read: Malaysian car Proton reaching high hope after stake sold to Chinese automotive Geely

Automark heard that Al-Haj Motors, already acquire land for a separate assembly plant for Proton cars near-by Port Qasim area in Karachi.
Al-Haj Group is a leading Business Group involved in Transportation, Oil, Tires and are also the Authorized Distributor/Assemblers of FAW Products and Hyundai Heavy Commercial Products in Pakistan which means that they have a very diversified experience especially in Automobile Sector of Pakistan with an equally diversified team of professionals.
‘Proton’ is the Malaysian based automobile manufacturer which holds a major share in the Malaysian automotive industry. Established in 1983, it was a symbol of national pride and a country moving towards industrialization.
On last August, The Chinese owner of Sweden’s Volvo Cars Zhejiang Geely Holding Group signed an agreement to acquire a 49.9-percent stake in Malaysia’s carmaker Proton.
Zhejiang Geely Holding Group, which controls Hong Kong-based Geely Automobile and Sweden’s Volvo Car Group, acquire 49 percent of Proton, the sources said. Proton also controls British sports car maker Lotus.
The deal gives Geely a distribution network in Southeast Asia, where non-Japanese brands have struggled. Proton gets a financially strong partner and possibly more advanced technology.

According to reports Geely intends to penetrate the Southeast Asian markets with its technology and products using Proton’s brand name. Not only this, the Chinese carmaker intends to dominate the RHD (Right Hand Driven) markets with its range of vehicles sold as Proton.

Geely is one of China’s biggest independent auto brands. Founded in 1986 as a refrigerator manufacturer, it started producing motorcycles in the 1990s and launched its first car in 2002. It bought Volvo from Ford Motor Co. in 2010.
Zhang suggested a possible strategy might be to manufacture Geely’s latest models under the Proton name.
“The current Geely models are much better than the current Proton models,” said Zhang. “The Protons are basically some old Mitsubishi products, very old.”
We will keep our readers updated once we find more about this ALHAJ-PROTON Partnership.

Toyota to build China plant for electrics

Carmaker’s capacity in the country to reach 1.7m vehicles by 2021

NAGOYA, Japan — Toyota Motor will build a plant in Guangzhou capable of turning out 200,000 vehicles a year, Nikkei has learned, as the carmaker readies more electrified models in China amid stricter environmental regulations.

Combined with other expansion plans in the country, Toyota’s annual output capacity there will increase 35% to 1.7 million vehicles by 2021, nearing the scale of its North American production. Related outlays are expected to reach 130 billion yen ($1.16 billion).

GAC Toyota Motor — a joint venture with Guangzhou Automobile Group — already has plans to expand capacity at a Guangzhou facility by 120,000 vehicles, but will now add another assembly plant. Sport utility vehicles, electric cars and plug-in hybrids are expected to be produced there.

A Tianjin joint venture with FAW Group also plans to expand capacity by 120,000 vehicles, bringing the Japanese automaker’s total capacity in China close to the 2 million vehicles in North America.

Toyota’s expansion plans involving these Chinese partners may be finalized within the month.

China will impose stricter environmental regulations next year as the country grapples with air pollution. Toyota will offer a new GAC electric vehicle within the year, and locally produce electric cars under its own brand from 2020. Plans call for adding 10 models of electrified vehicles, including plug-in hybrids, by 2020.

Courtesy: Nikkei Asian Review
https://asia.nikkei.com/Business/Companies/Toyota-to-build-China-plant-for-electrics