 in a regulatory filing that the company had finished the){kind=link}
The Pakistan Stock Exchange was notified by Sazgar Engineering Works Ltd (SEWL) in a regulatory filing that the company had finished the trial and will be releasing the first locally built “Haval” car, a popular Chinese SUV, this month. According to SEWL, the plant has an annual manufacturing capacity of 24,000 automobiles, or 80 units per day on a single shift.
Relevant Read: Chery to Launch Latest Generation Tiggo SUVs in Pakistan
The two varieties of the H6 being presented, the 1.5 and 2.0, will retail for PKR 7.425 million and PKR 8.499 million, respectively. They are both crossover-SUVs (CUV). They will probably target models like the KIA Sportage, which is perhaps the most popular one in the class, as well as the countless other newcomers to the CUV market, like the Changan Oshan X7 and the MG HS.
It offers additional features and a larger cabin. With the H6 having undergone three price revisions this summer, localising the portfolio may also allow SAZEW to stabilise the prices of the HAVAL portfolio by lowering the FX exposure associated with the completely-built-up units (CBU).
Despite the commotion, SAZEW hasn’t announced a precise launch date for the CKD Jolion. However, it is anticipated that it will be disclosed in the months that follow the H6’s debut.