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Contents
January-2019
News / Event
Article / Review 18 20 23 28 33
41
2019 may not be easy than 2018 for bike industry Exclusive Review by Ali Hassan Tough challenges ahead for auto industry of Pakistan in 2019 By Owais Khan Auto Industry; way forward and Export prospects An Exclusive Article by Mubeen Abid
24 30 31
Dodge Brothers to Chrysler...... Haroon Industries to Hino Pak Motors Exclusive article by Anwar Iqbal
32
27Th Meeting Of The Auto Industry Development Committee (Aidc) - A Brief Suzuki seeks Greenfield status to bring $450 million investment in Pakistan Report by Automark correspondent from Islamabad
35 39
Automobile Reviews - Toyota Corolla 1.3L Time of Review by Ahmed Sana Zaidi
We team Automark, Thank you for the opportunities you have given us in the past one year. We wish you a year full of blessings. Happy New Year!
Inside
PM Imran Khan officially inaugurated the JW Auto Park worth $150 million in Pakistan Ghandhara launched Isuzu D-Max Report by Hanif Memon Dealers award distribution ceremony by General Tyre
Zhejiang Geely Holding Group unveiled its first right-hand drive vehicle in Malaysia Corporate Social Responsibility Program by Plastech Autosafe at Seaview Beach in Karachi Media coverage by Automark
Event Report of 7th IFCE-2018, Lahore-Pakistan 1st International Conference on Carbon Neutral Built Environment & Thar Karachi Student Mobility Campaign for reducing Carbon Footprint
News Updates 50 57 45 40
Vehicles / Car Price List
Motorcycles Price LIst Corporate News - Glimpses
International Automotive News
Buy JwForland Truck online
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January-2019 Pakistan’s premier magazine on automotive, engineering & energy sector Volume 12, Issue 01
Monthly
AUTOMARK Magazine International Editor-in-Chief
Technical Editor
Muhammed Hanif Memon
Muhammad Shahzad
Anwar Iqbal - Chief Correspondent COO, Khalid Mushtaq Motors (Pvt) Ltd.,
Advisors Imtiaz Rastgar CEO, Rastgar Group & CBI External Expert, Ex-chairman EDB Islamabad Syed Mansoor Rizvi Principal Officer M/s. CNH Services (Pvt) Ltd. Karachi Farhan Hafiz Director Marketing & Sales M/s. Al-Haj Faw Motors (Pvt) Ltd. Karachi
Nadeem Ahmed Salmi Executive Director Operations M/s. Al-Haj Faw Motors (Pvt) Ltd. Karachi Ghulam Faroq Executive Officer & Functional HeadSupply Chain Pak Suzuki Motors Karachi
Advertising Manager
Graphic Designer
Tahir Siddiqui
Salman Hanif
Circulation Manager Hasaan Mustafa
Web Master Mustafa Hanif Murtaza Hanif
Contributors in THIS EDITION Anwar Iqbal Ahmed Sana Zaidi Aqsa Mirza Mubeen Abid M. Owais Khan M. Hanif Memon Ali Hassan
Active Communications Mailling Address: D-68, Block-9, Clifton, Karachi Mobile: 0321-2203815
E-mail: automarkpk@gmail.com website: www.automark.pk Whatsapp & Wchat : +92 321 2203815 AutoMark Canada Office Managing Editor Mohammad Shahzad S.A.E. D.M.P. 41 Jordana Drive Markham (Toronto) Canada - L3S 3N8 Phone: 905-472-8282 Email: automarkcanada@gmail.com AutoMark REGD: MC-1330 Published every month by M. Hanif Memon Note: The views expressed by contributing writers and comments do not necessarily reflect the views and policies of the Monthly AutoMark magazine's management
Bikes for female students in Punjab, what about other provinces ? In order to provide transport facilities, the Government of Punjab has announced to provide motorbikes and scooters to female students on easy instalments. Punjab Education Foundation Chairman Wasiq Qayyum Abbasi said the scheme would start at the beginning of 2019 which is aimed at providing easy travelling facility to female students in the whole province. However, the procedure as to how one can apply and get the bike has not revealed yet but hopefully, further information regarding the scheme would be available in due time. Wasiq Qayyum Abbasi further said that bikes and scooters would be provided to the female university students and travel vouchers will be provided to the female students who are studying in metric and intermediate classes so they don't have to spend money on travelling and reach school on time. The Chairman also discussed that the bicycles will be given to male students. He also told that there are 550 colleges and 53,000 schools, where almost 50 million students study. However, this is not the first time that the government has taken such initiative to provide bikes to women, previously, under the Women on Wheels project, hundreds of subsidised bikes were given to females. In the first phase of the initiative, only the women from Lahore, Faisalabad, Multan, Sargodha, and Rawalpindi were allowed to apply for the scheme. H ow e ve r, t h e g ov e rn me nt is c o m mi t t e d to expanding this initiative in other districts of Punjab as well. The Women on Wheels initiative started back in November 2015 with an aim to help women to learn bike riding. Nonetheless, there is no such initiative has been taken so far in other provinces. Keeping in view the dense population and chaotic traffic situation of other provinces like Sindh, the federal government should also start this initiative to facilitate the transportation means for young girls which empower them to go to the institutions for studies without any break.
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Exclusive Review by Ali Hassan
2019 may not be easy than 2018 for bike industry The year 2018 witnessed some cosmetic changes in branded and Chinese bikes. Only Pak Suzuki unveiled GR150cc model at Rs 219,000 during Jan 2018. This bike is being rolled out on almost 100 per cent imported parts.
December has always remained the slowest month for the bike industry in terms of sales and production, but this 2018’s December may emerge as the worst month for the whole auto sector of Pakistan. By the end of December till the finalization of this write up, car sales of three assemblers may remain depressed from July to December 2018. Branded bike makers like Yamaha, Suzuki and Honda are selling their bikes through various promotional schemes to their dealers and not to the customers. Ahead of start of New Year, Chinese based assemblers are getting so many notices from the Federal Board of Revenue (FBR). Besides, FIA is more active over telegraphic transfer of US dollars unofficially or through Dubai channels, thus causing anxiety among the businessmen. So far, sales of Chinese bike assemblers have plunged by more than 50 per cent in December 2018 alone while around 30 per cent sales drop had been witnessed in the last quarter of 2018, chairman Association of Pakistan Motorcycle Assemblers (APMA), Mohammad Sabir Sheikh claimed. However, bike sales in 5MFY19 did not witness any serious drop. Honda sales improved to 463,714 units from 454,196 followed by Suzuki and Yamaha sales to 9,814 and 10,425 from 8,528 and 8,611 units respectively. United bike sales went up to 177,261 units from 165,481 units while Road Prince suffered heavy fall to 79,625 from
99,406 units. Ravi sales slightly plunged to 12,346 from 12,840 in 5MFY18. According to Sabir Sheikh, bike sales of some assemblers remained unsatisfactory during September and October and even till today sales of some assemblers had partially recovered while others were still facing poor sales. He said bike assemblers have received good news that the advisor to Prime Minister on Industries and Production, Abdul Razzak Dawood is making new policies for the small and medium enterprises (SMEs) and also for the bike industries of Pakistan. APMA chief says Pakistan badly needs a good and long term industrial policy for the SMEs especially because the government believes that the pace of industrialization and employment can be boosted by promoting small and medium enterprises. The industry needs uniform taxation policies and valuation of goods at import stage, limited issuance of SROs as auto industry is working under five different policies and SROs. “The SRO should be one and final,” Sabir said. Zero per cent duty on raw materials is a right step so far but duty on assemblies, sub assemblies, components and sub components should be treated at par with complete assembly. The above procedure only encourages under invoicing, misdeclartion and misuse of SROs. From December 2017 to December 2018, rupee lost its value by 24 per cent against the dollar, thus pushing up cost
of imports. As a result, bike assemblers especially Atlas Honda Limited had surged bike prices by at least six times in 2018 while Chinese bike assemblers also followed the suit. Increase in bike prices had also hit the sales of some assemblers thus shifting a number of buyers towards installment sales. Cash buying is slowly dying due to buyers’ rising cost of living. Consumers had already been hit hard due to rising cost of utility bills on account of increase in gas and power rates coupled with soaring petrol prices. Devaluation has played havoc with the prices of essential items also, Sabir said. The year 2018 witnessed some cosmetic changes in branded and Chinese bikes. Only Pak Suzuki unveiled GR150cc model at Rs 219,000 during January 2018. This bike is being rolled out on almost 100 per cent imported parts. Honda CB150F and Suzuki GD110S and some Chinese models are also being assembled on almost 100 per cent CKD kits. Consumers are now paying Rs 189,000 for Honda CB150 versus Rs 159,000 in January 2018 followed by jump in price of Suzuki GR150 to Rs 235,000 from 219,000. Yamaha YBR125G is now priced at Rs 144,500 as against Rs 133,900. Sabir said irrespective of economic and political turmoil, consumers have always preferred to have two-wheeler as the only cheaper mode of transportation.
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Monthly AutoMark International Many people especially those travelling in public transport had switched over to bikes. High petrol prices coupled with ineffective transport system had kept bike demand high despite frequent rise in prices. Buyers know that at least it is better to go on bike with one litre of petrol rather than wasting time on public transport and paying high fares. Besides, ongoing construction works at different arteries of the city have also created huge problems for commuters owing to massive traffic jams. In such situation, bike is the ideal transport in reaching the destination irrespective of long distance. On 2019, Sabir fears that in case one US dollar reaches to Rs 150 then this would also prove devastating for the local assemblers as hi tech parts are still being imported despite achieving higher localization. He said after some strict measures on transfer of US dollar via unofficial telegraphic transfer coupled with transfer of data of declared values by the Chinese exporters of auto parts, the government would earn more revenues but the cost of industries would rise. Some cash rich people are also seen purchasing heavy used bikes of 400500cc but the trend may shrink as the government has put a ban on purchasing vehicle beyond 200cc. As a result, import of these bikes may record a big fall in coming months. Some leading assemblers have also introduced imported brand new heavy bikes but due to high prices these bikes are lifted by the traffic police departments and other security agencies rather than customers. According to figures of Pakistan Bureau of Statistics (PBS), import of bikes in 5MFY19 fell by 50 per cent to $1.74 million from $3.5 million in same period last fiscal. Total imports of bikes in FY18 rose by 59.4 per cent to $5.7 million from $3.6 million in FY17. Sabir expressed surprise over the media campaign of Pakistan Association of
Automotive Parts and Accessories Manufacturers Association (PAAPAM) in which a very dismal picture of the auto sector was presented. PAAPAM has claimed that bike production has declined by 30 per cent followed by 60 per cent fall in tractor production and 35 per cent decline in car production. He said PAAPAM had been notorious in misguiding the previous governments and this time it has again come up with hollow statistics without mentioning time period in drastic fall in car, tractor and bike production. Another hilarious claim that restriction on non filers has reduced our customer base to only 1.4 million persons besides curtailing government’s revenues making industry unsustainable is also a sheer lie when Federal Board of Revenue (FBR) and even car makers had revealed in the media that number of income tax filers had increased. PAAPAM said it has lost over 12,000 jobs in the last three months and would lose another 50,000 soon which is hard to digest keeping in view of figures of Pakistan Automotive Manufacturers Association (PAMA). Bike production and sales have increased in the last five months followed by satisfactory sales in cars. Sabir said truck sector had been facing recession for the last five months on which PAAPAM did not bother to mention in its media campaign. “I do not know what PAAPAM is going to gain from its negative media campaign from the government while the market reality is totally reverse from vendors’ claim,” APMA chief said. The July-December 2018 figures will give a clear picture of sales and production trend keeping in view ban on non filers from buying vehicles, rupee devaluation against the dollar and high interest. PAAPAM has come out with baseless claims in which no period has been mentioned relating to steep fall in production of cars, bikes and tractors. He urged the government to counter
check the PAAPAM claim otherwise the vendors would succeed in their mission in getting some decisions in their favor. In order to provide transport facilities, the Government of Punjab has announced to provide motorbikes and scooters to female students on easy installments. Punjab Education Foundation Chairman Wasiq Qayyum Abbasi said the scheme would start at the beginning of 2019 which is aimed at providing easy travelling facility to female students in the whole province. However, the procedure as to how one can apply and get the bike has not revealed yet but hopefully, further information regarding the scheme would be available in due time. Wasiq Qayyum Abbasi further said that bikes and scooters would be provided to the female university students and travel vouchers will be provided to the female students who are studying in metric and intermediate classes so they don't have to spend money on travelling and reach school on time. The Chairman also discussed that the bicycles will be given to male students. He also told that there are 550 colleges and 53,000 schools, where almost 50 million students study. This is not the first time that the government has taken such initiative to provide bikes to women, previously, under the Women on Wheels project, hundreds of subsidised bikes were given to females. The Women on wheels initiative started back in November 2015 with an aim to help women to learn bike riding. Nonetheless, there is no such initiative has been taken so far in other provinces. Keeping in view the dense population and chaotic traffic situation of other provinces like Sindh, the federal government should also start this initiative to facilitate the transportation means for young girls which empower them to go to the institutions for studies without any break.
Ministry of Industry Government of Pakistan
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Exclusive Review by Owais Khan
Tough challenges ahead for auto industry of Pakistan in 2019 Auto Policy starts showing results as 2019 looks more challenging
The Auto Policy 2016-2021 has started producing its results with the approval of 13 new investments by new entrants in the green field segment followed by two to three in the brown field segment. Some one or two assemblers have also shown their intention of assembling electric vehicles which seems a difficult task in view of country’s environment as well as comparing with the efforts being made by neighboring countries especially India. For many assemblers, the next year is very crucial and challenging as some of them intend to start assembling vehicles amid a tough business environment and competition among each and existing Japanese assemblers. Some assemblers have planned ground breaking of their plants next year to market their vehicles after at least two years. However, in 2018, the most surprising move was made by Pak Suzuki Motor Company Limited (PSMCL) in seeking incentives under green field status for its $460 million project in new plant set up. First the top management of Pak Suzuki put up its investment plan before the Prime Minister Imran Khan during a meeting and then the proposal created quite a debate in the 27th Auto Industry Development Committee (AIDC) meeting held on Nov 28, 2018.
Pak Suzuki’s investment plan was not on the agenda of AIDC meeting but some loyal officials of Japanese vehicle maker in the Engineering Development Board ( EDB) circulated the two page investment plan before the new and old entrants during the meeting. Chinese, Korean and French car makers had strongly opposed the move by PSMCL seeking same benefits/incentives that are marked for new players under the Auto Policy 2016-21. According to the new policy, existing players receive benefits for three years from the start of production of new models while new entrants are entitled to avail the same incentives for five
years. Pak Suzuki maintained that “if green field investment and incentives are given to Pak Suzuki for three years, then the company will invest in setting up stateof-the-art green field plant and introduce new and advance models”. Soon after some disturbance, the said letter was taken back from the participants. The Auto Policy 2016-2021 does not allow these incentives/benefits under Greenfield investment status to existing assemblers. Existing assemblers feel that same incentives and benefits should also apply on all existing assemblers if they are given to Pak Suzuki. However, the
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Monthly AutoMark International government needs to amend the new auto policy to provide benefits to existing assemblers. New players had emphasised the government to let the auto policy continue without any changes otherwise there would not be any attraction for new comers. Greenfield policy was made to provide level playing field to new comers and if Suzuki or other existing assemblers receive these, this would be unfair. Senior executives of PSMCL in a meeting with the prime minister had expressed interest in investing $460 million for setting up a new plant adjacent to an existing plant in Karachi. However, officials of the Ministry of Industries and Production said in the AIDC meeting that any amendments in the automobile policy would be done in consultation with all stakeholders, including the new entrants. A major incentive for new investors is reduced 10 per cent Customs Duty on non-localised parts for five years, which is only one-third of rates available to the existing players. Similarly, localised parts can be imported by new entrants at 25pc duty for five years, nearly half of the rates being available to the existing players. The government has allowed one-off
duty-free import of plant and machinery for setting up an assembly and manufacturing facility. It has also permitted import of 100 vehicles of the same variants in the form of completely built units (CBUs) at 50pc of the prevailing duty for test marketing after the ground-breaking of the project. The year 2018 also ended on a positive note for a Chinese assembler. Prime Minister Imran Khan in the last week of November inaugurated the $350 million plant of JW Forland. The company had signed an agreement with Changsha Foton Vehicle Technology in 2016 for green field venture. JW-FORLAND also emerged as the first Pakistani company to have a 50/50 business deal with a leading Chinese company in the auto sector under which Chinese technology will be transferred to Pakistan for the first time under the agreement that includes specialized parts like transmission, engine etc. Located at over 50 acres of land in Lahore, the plant capacity, in its initial phase, is producing 30,000 units per annum. The initial product line includes cargo trucks and dump trucks ranging from 1 tonne to 7.5 tonnes loading capacity. JW-FORLAND Dump truck D310 is first locally manufactured dump truck that
is designed as per international safety standards and specifically manufactured for construction sector of Pakistan. Initially in first phase of this new venture $150 million was invested and providing direct employment to over 500 people. Company further planned to invest $300 million in future to increase its product line, through this expansion company planned to provide over 3,500 direct jobs. Besides, 2018 also saw some good news like the launching of imported Grand Carnival vehicle by Kia Lucky Motors at price of Rs 4.4 to Rs 5.3 million. I nd us M ot or C o mp a n y ( I MC ) introduced Toyota Rush at a price range of Rs 3.9 to Rs 4.15 million followed by new Toyota Revo and Toyota Fortuner with new diesel engine. PSMCL pulled the plug from Suzuki Mehran VX model from November while Alto 660cc would be replaced with Mehran VXR after its discontinuation from April 2019. The much- await ed fi rst locally assembled United Bravo 800cc car was unveiled in November while Dewan Motors launched 2,600cc Shehzore vehicles. Now all eyes are now on 2019 which may prove a tough year for those new entrants who are all set to roll out new
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continued from previous page models in mid or late 2019. Market is abuzz with reports that one dollar is going to hit Rs 150 in middle of this year which means more pressure on import of parts and accessories for both new and old players. Country had already seen over 20 per cent rupee devaluation in 2018 against the dollar resulting in multiple shocks given by car assemblers to the consumers in raising prices. Besides, ban on non filers from buying vehicles from July 2018 had yet to make any serious impact keeping in view auto sales figures in terms of any big sales loss as the car makers are clearing their old booking orders. The next six months of 2019 will be highly crucial for existing players in which real impact of ban on non filers will be more visible. However, some encouraging news are coming up regarding changing of status from non filers to filers especially in the auto market. If the ban on non filers is going to stay for more one to two years then it may prove a very serious challenge for the new entrants in green field and brown field segments mainly as they will try to take their market share from the vehicle market size of 250,000-300,000 vehicles including used vehicles. So far there has been no big news from the new entrants regarding speeding up their efforts in building their new plants except from two Korean vehicle giants. Over 300,000 units of additional capacity from new automobile entrants will come up in the next one to two years while two more companies are awaiting Greenfield status. The 2016-2021 Auto Policy encouraged Korean, European and Chinese assemblers to bring in cars, light commercial vehicles, mini and heavy trucks and buses in Japanese dominated market.
Electric Vehicles In recent Budget 2018-19, electric vehicles (EVs) have been incentivized. Customs duty on the import of electric cars in CBU form is reduced from 50 per cent to 25 per cent. Government vide SRO 644 has exempted electric vehicles CBU falling under 8703.8090 of the First Schedule to the Customs Act, 1969 (IV of 1969), on the imports from the custom-duty as in excess of twenty five percent. Import duty on CKD (completely knocked down) kits for the assembly of
electric vehicles in the country is proposed to be reduced from 50 per cent to 10 per cent subject to preparation of localization plan by EDB/MoI&P. The MoIP is pressing hard for the localization plan for further submission to the government. New investors have already applied for manufacturing of EVs under ADP 201621 and the tariff structure is same as announced in new budget. The EVs are being highly encouraged in other countries with subsidies to the extent of 40 per cent. It is to be seen how far the present government is serious in taking initiative for introducing and incentivizing electric vehicles as other countries are far ahead to materialize EV dream. Pakistan Council for Science and Technology (PCST) was also given a task in this regard. The matter is placed before AIDC for consideration with respect to tariffs and localization plan only or consideration of preparation of long term policy after detailed review of local situation and international scenario.
PCST grills auto sector After Competition Commission of Pakistan, the PCST has also grilled auto sector. According to National Research Agenda 2017 of PCST, Ministry of Science of Technology, the overall performance of automotive sector has been unable to meet its true potential even motorcycles are not manufactured indigenously except the assembling. The reason for low performance automotive industry may be attributed due to lack of infrastructure, bad governance and absence of friendly industrial policies. Car assemblers, with very few exceptions, are using technology and providing features lesser as compared to similar cars in the global market. In the small car segment, the technologies being used are obsolete and have been phased out in the global market. Domestic consumers are also being deprived of best available t ec hn ol og i es an d bas i c safe t y considerations like air bags, ABS etc. Manufacturers continue to rely on fuelinefficient technologies leading to resort to alternate cheaper fuels whereas engines are not so designed, thereby burdening the consumers further. The existing market segmentation has allowed only assembly of cars to operate within closed, captive market which offers restricted options to buyers.
Monthly AutoMark International Hence, the vehicles assembled are not up to consumer satisfaction, safety standards and environmental compliance continua short fall of expectations. Even prices of small cars are very high as compared to our neighboring country India, e.g. prices of small (800-1000cc) cars in Pakistan ranges from $7,200-11,500 while in India ranges from $3,500-5,800. The automotive industry is considered as one of the thriving industrial sectors. It has large potential to grow, contribute towards GDP and exports as well as provides an opportunity of growth due to its forward and backward integration. Vison 2025: Automotive sector will have to contribute in a big way if we wish to achieve the goal of becoming one of the largest 25 economies in the world by 2,025. It can make significant contributions in meeting targets of the Vision such as decreasing heavy import bill and increasing contribution in GDP from existing 2.8 per cent, increasing annual Foreign Direct Investment (FDI) and reducing poverty level. Focus areas of research includes developing capacity for designing and manufacturing of engines, designing for enhancement of visibility during driving, light weight of engine units, components and sub-components, increasing fuel efficiency of vehicles,developing environment friendly vehicles to meet emission and safety regulations, conforming to national and international s t an d a r d s an d p r a c t i ce s a n d standardization and conformity assessment. Recommendations: Infrastructure regarding automotive design, testing and standardization may be established. Friendly industrial policies may be devised for uplift of automotive industry while keeping in view the local manufacturers as well as to attract foreign investors. There is a need to create enabling tariff structure and mechanism for d evelopment of automotive sector. Automotive import policy needs to be rationalized besides enforcement mechanisms for quality, safety and environmental standards. Customers’ welfare may be ensured through provision of quality, safety, choice and value for money. Auto industry should be encouraged to p rocure new techn ologi es and management system to increase efficiency and productivity.
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An Exclusive Article by Mubeen Abid
Monthly AutoMark International
Auto Industry; way forward and Export prospects At present the biggest issue in Pakistan is the balance of payment and for that purpose increase in exports is the talk of the town, in general more the exports; more prosper is the country and when we talk about automotive exports they are at very low level. Actually when comparing to many developed countries our automotive sector is at infancy level. This sector needs more attention and consideration as the Automotive manufacturing sector is the back bone of Engineering spectrum in any country. In Pakistan, Automobile sector is mainly lead by the Japanese manufacturers i.e. HONDA, TOYOTA, SUZUKI, YAMAHA, yet due to the implementation of Automotive Development Policy (ADP 2016 -2021) some western and Korean players along with Chinese are entering into the market but till now the Japanese Players dominate. To add here I want to mention that ADP 2016-2021 is the first ever Auto policy which is at executing stage. Japanese Automotive Industry exists world wide e.g. in USA, Canada, India, Thailand etc. but we see that the Japanese Automotive manufacturer in Pakistan produce lesser variants with fewer features as compare to the global market, there are two main factors for that, one is the low market size (Manufacturer perspective) and the other one is lack of Interest (Consumer perspective). These factors have some solid backing but when we talk about increasing the exports we have to dig down to the core. It is mentioned in Automotive Development Policy ADP (2016-2021) that: “It lay down a comprehensive, welldefined roadmap that aims essentially to protect the interests of the consumers and raises the safety, quality and environmental standards to meet the challenges of the highly competitive export market” But a part from quality, safety and good features there is a fundamental requirement which needs to be addressed and that is the localisation of predominant component of an aut omo bile i n terms of performance and cost; its the Engine along with transmission. Localisation
of Engine manufacturing is a difficult job, it needs a lot of Investment and R&D. Pakistan can learn a lot from the countries who have in recent past realiz ed substant ial growt h i n Automotive exports. Thailand is prime example where in early 2000s their total Automobile production is around 0.4 Million and in the year 2017 they have produced around 2.0 million automobiles amongst which they have exported nearly 1.2 million units which is the 60% of their total produce. When Thailand plans to locally manufactured the engine their policy makers impose restriction on its Localisation in d the ratio was set to increase to 70 percent in 1996. Because of this policy assembler could not rely on expansion of in-house production, because the domestic market of Thailand at that time was too small (Just like current situation of Pakistan) and engine manufacturing is not feasible for one supplier. Thailand made strategies to overcome its issues and some of the key strategies are to: 1. Develop and create supplier network. 2.Collaboration among assemblers, especially for the engine project. 3.Develop Thailand Automotive Institute. To the first strategy, during the initial stage of development, the Japanese automobile manufacturers invited their Japanese parts supplier to Thailand and locating them around their assembly plants (Automobile Industrialization and Japanese Firms in Southeast Asia, Doner 1991). This was much like the CPEC of Pakistan in which Japanese Industry massively shifted in Thailand. The collaboration among assemblers for Engine manufacturing is a key step in b o o s t i n g T h ai - A ut o I n d u s t r y . Establishment of Thailand Automotive Institute provides the essential support mechanism for the sector and its mission is: 1. To be knowledge centre and expertise for automotive industry development. 2. To support operation of organizations in testing standard, inspection and innovation development. 3. To develop human resources in automotive, auto parts and related
industry. 4. To expand research & development and enhance competence of entrepreneur for more productivity. 5. To collaborate among organizations in Thailand and international for automotive industry development. By implementing these strategies and executing Thai-govt. policies eventually Thailand has increased its Automotive exports. Pakistan can also implement t he s e s t r a t e g i e s a n d a c h i e v e advance ment in this sector, establishment of Pakistan Automotive Institute is also duly planned in Auto Development Policy (ADP 20162021) but till now no pertinent steps have been taken so far. This institute could be the knowledge centre and expertise for automotive industry development also it can create Research and Development culture, introduce new standards and policies in this sector. Research and Development culture by large is missing in our country, by establishing these type of Institutes and creating collaboration among the assemblers for Engine localization we can enable local car manufacturing at low-cost and not only can help i n up l i ft i n g o u r l o c a l A u t o Manufacturing Industry but also can increase our Automotive exports which can solve our country’s balance of payment problem. About Writer: Mubeen Abid Is part of a Public sector organisation. The writer is greatly involved in improving Quality and Productivity of Automotive Parts Industry, he has introduced World best practices in this sector through the Technical Support Program which has covered more than 50 Automotive parts suppliers from all over Pakistan. He has robust skills gained through strong association with many Japanese Automotive Experts and has an extensive exposure of Japanese and Thai Automotive Industry. You can connect with the writer through His email: mubeenabid@gmail.com
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Chinese Investment in Auto Sector
Monthly AutoMark International
PM Imran Khan officially inaugurated the JW Auto Park worth $150 million in Pakistan Prime Minister Imran Khan on Friday inaugurated the Chinese JW Forland’s $150 million vehicle assembly plant in Pakistan which is a major push to the country’s automobile industry. Speaking on the occasion, PM Khan welcomed the Chinese company’s investment in Pakistan and said: “For the first time in Pakistan’s history, a complete car manufacturing plant was being set up and this would create 5,000 jobs which would increase to 35,000 in the future.” With the launch of the project, there will be technology transfer from China to Pakistan. “Progress only starts after the technology is transferred,” said Prime Minister Khan. “We will produce cars which can eventually be exported,” Khan remarked. On this occasion, CEO JW SEZ Group, Mr Shah Faisal was present along with CEO Haier, Javed Afridi and CEO Alex Xu. PM also appreciated Afridi Brothers’ for their positive and prominent role in the auto industry of Pakistan and bringing the Chinese investment in the country. Mr Shah Faisal Afridi said that “JW Forland is bringing in $350 million worth of investment to the economy. This will be a huge booster for all the stakeholders and the new Government as well. It will also provide confidence to foreign investors who are willing to invest in the Pakistani market”. Javed Afridi said that “JW Forland Glass Project is worth $350 million alone which our group is leading. It will generate jobs, industrial and economic stability. All major global players in automotive, beverages and various other industries are coming in with massive investment just like us.” Mr. Alex, CEO of Forland while talking to HUM News said, FW is the leading international commercial brand in China, and based on Pakistan ’s auto policy 20116-21, we
are here in Pakistan and with our brilliant partner SEZ group started this j oi n t v e nt u re t o ma nuf ac t ure commercial and passenger vehicles in the country. In phase 1, we are ready to invest $150 m for commercial vehicles but the total investment is $900m. He further said, this is the first time we started this kind of joint venture out of China, it is not just a technical agreement, but to support local industry and create 45000 jobs for the local market. Alex further said, “We have high hopes from PTI government and new government’s policies are good to us. We appreciate the PTI’s vision and expect to reach a high target soon.” Abid Saeed, Director JW Forland while speaking to HUM News said, JWFORLAND became the first Pakistani
company to have a 50/50 business deal with a leading Chinese company in the auto sector. It is also for the first time in the auto sector of Pakistan that due to this agreement the Chinese technology will be transferred to Pakistan that includes specialized parts like transmission, engine etc. He further said, Pakistan soon will be able to export vehicles in South Asia and Middle East region by the end of 2019. The company confirmed its entry into Pakistan and announced to start manufacturing and assembling its vehicles locally from May 2018. The sale of its initial introductory units was well received in the market. JWForland Aut omot ive also inaugurated its assembly plant six months ago in Lahore, Punjab. The company claims to aim at manufacturing environment-friendly and fuel-efficient vehicles in Pakistan along with generating more jobs locally. This initiative is another achievement of the Pak-China friendship that is strengthening with the new policies. This project will not only bring in the latest technology but also will open avenues for more opportunities. This will also create jobs on both sides of the border.
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Automotive News - Update
Monthly AutoMark International
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Automotive News - Update
Tractor bookings drop sharply as economy slows down The recent wave of rupee depreciation, inflation and overall slowdown in the country’s economy is hitting the auto sector. Two tractor assembly plants, along with 200 plus tier-one vending base are moving towards closure, said the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) on last month. According to PAAPAM former chairman Mumshad Ali, tractor bookings have dropped sharply after posting a strong growth in the last two years. “Previously, the industry was producing 60,00070,000 tractors annually.” This growth came at the back of Pakistan Muslim League-Nawaz (PML-N) government’s support to the agriculture sector and the China-Pakistan Economic Corridor (CPEC). As CPEC projects are put on hold and rupee devalues leading to price increase, drop in sales was eminent. Tractor sales are a good indicator of the health of the country’s economy in general and agri-economy in particular, Ali added. Industry insiders believe the current
financial year will close with a sale of less than 50,000 units compared to 70,000 plus units in the last financial year as investors pull their money out from this industry to invest elsewhere. Tractor sales have two seasons a year and investors are needed to purchase tractors all year round to meet the demand surge after the Rabi and Kharif crops are harvested and agri economy cash cycle revolves. The industry has faced a drop in demand in the past as well for different reasons, such as imposition of GST, tractor subsidy schemes, news of new and old used tractor imports, commodity price crashes, floods, and crop failures. This boom and bust cycle is a big impediment in the growth of this sector in terms of volumes and quality. The industry holds great potential for exports to Africa due to the price, design and durability of the Pakistani tractor. If the industry is to rebound back, CPEC projects have to restart again and the government must support Pakistani farmers, he added.
Customs value of mini-trucks/pickup, cargo trucks revised Directorate General Customs Valuation (DGCV) has revised the customs values of mini-trucks/pickup and cargo truck with full/dump body under section 25 (9) of the Customs Act, 1969. According to details, the customs values of mini-trucks/pickup and cargo truck with full/dump body were earlier determined vide valuation ruling no. 637 in 2014. Therefore, the Directorate has recently received number of references of provisional assessments of subject items under section 81 of the Customs Act, 1969. Subsequently, the Directorate has convened meetings with stakeholders in 2017 and 2018 to develop a consensus for determining the customs values of subject goods. The meetings were attended by different stakeholders, including representatives of MCC (Appraisement)-East/West/Port Muhammad Bin Qasim and various importers. The importers contended that values of their items were being enhanced during
the process of assessment but no cogent justification was given and added that their declared prices were true and correct which could be verified from commercial counselors concerned. Later, the Directorate after hearing viewpoints of the stakeholders in detail commenced the exercise to determine the customs values of said goods. After applying all valuation methods, which remained unhelpful to serve the purpose, the Directorate conducted market enquiry as envisaged under section 25 (7) of the Customs Act, 1969. Online prices were also obtained to corroborate the findings of the market surveys. Later, all gathered information was evaluated and analyzed for the purpose of determination of customs values of mini-cargo vans/trucks/pickup, cargo truck and dumpers. Consequently, the customs values of subject goods have been determined under section 25 (9) of the Customs Act, 1969. Courtesy: Daily BR
Super Asia Motors introduced new motorcycle & rikshaw models in dealers convention
Super Asia Motors Limited organised the dealers' convention yesterday where several new motorbikes and Rikshaw models were introduced. Governor Punjab Muhammad Sarwar was the chief guest of the ceremony. In his address, he said, the government is formulating long-term policies in order to restore and rehabilitate the industrial and trade sector of Pakistan. Several notable figures including Minister of Industries, Aslam Iqbal, Managing Director of Super Asia, Muhammad Afzal, Chief Executive, Muhammad Ashraf, Faisal Afzal, Umar Ashraf, Alis Ashraf Mughal, Usman Ashraf, Zain Ashraf, and Waqas Afzal also at t end ed the co nv ent i on. The motorcycle models that were introduced are SA-70 Extra Power, SA70 Cheetah Plus, SA-70 Cruise HD, and SA-100 Rider. Besides that, new Rikshwa models TT-150 Mini Loader, TT-200 Green, TT-200 Deluxe, and TT200 Mini Cab were also introduced during the ceremony.
BankIslami partners with IMC BankIslami Pakistan Limited has signed a memorandum of understanding (MoU) with Indus Motor Company Limited (IMC) to offer customised financing packages to customers of Toyota Fortuner, Revo, Camry, and Rush across the country, a statement said on last month. The bank will offer these financing options through its flagship product “Islami Auto Finance”, it added.
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Automotive News - Update
Car import falls by 42pc as non-filers restrict to register Restriction imposed on non-filers for registering imported motor cars is yielding results as import of completely build unit (CBU) cars declined by 42.17 percent during the first five months (July – November) of current fiscal year. The import of CBU motor cars stood at $134.91 million during July – November 2018 as compared with $233.27 million in the corresponding period of the last year, said Pakistan Bureau of Statistics (PBS). The government through Finance Act, 2018 imposed restriction on non-filers of income tax returns for registering new locally manufactured or imported cars. The present PTI government in its proposals in September 2018 suggested to withdraw this condition but opposition from stakeholders the government maintained this condition
through Finance (Amendment) Act, 2018 with certain amendments. The government lifted this condition for overseas Pakistani with condition the amount transfers should be made through banking channels. Due to this relaxation the import of CBU motor vehicles increased by 23 percent to $26.3 million in November 2018 when compared with import of $21.4 million in October 2018. The overall imports of CBU vehicles fell by 26 percent to $206.36 million in first five months of current fiscal year as compared with $334.62 million in the corresponding months of the last fiscal year. The import of heavy motorcycles came down by 50.26 percent to $1.74 million during the period under review as compared with $3.5 million in the same period of the last fiscal year.
Karachi BRTS to cut 2.76m tonnes of carbon emissions The Karachi Breeze or Bus Rapid Transport System (BRTS) is one of the major green projects coming up in the megacity, announced the adviser to the Prime Minister on Climate Change, Malik Amin Aslam, during a side event at COP24 in Katowice, Poland. The climate-proofed BRT was discussed at the Asian Development Bank (ADB) pavilion on a panel focusing on ‘Financing Nationally Determined Contributions (NDC) in Asia and the Pacific’. Pakistan has agreed to cut 20% of its carbon emissions below ‘business as usual levels’ by 2030 in its NDC, submitted under the Paris Agreement, conditional to climate financing of $40 billion. According to Aslam, “In the climate finance debate here at the COP, some countries are saying there is not enough money while others are saying they don’t have enough capacity to use the money. Pakistan is in the middle — we have a defined vision and clear targets and with that partners can come on board.” Referring to the $12 million funding from the Green Climate Fund, secured by ADB for the Karachi BRT, Aslam said that the grant would supplement $442 million in loans from ADB, the Asian
Infrastructure Investment Bank, and Agence Française de Développement to build a 30-kilometer fully segregated state-of-the-art ‘third generation’ bus rapid transit system including bicycle lanes, a bike-sharing system, last-mile connectivity with e-pedicabs, and improved pedestrian facilities directly benefiting 1.5 million residents of the cit y. T he p roject i nclud es the construction of a plant to produce biogas from cattle waste for use with zero greenhouse gas emission biomethanehybrid buses. “One line is already developed and the second line is in the works. This project actually shows how you can change your infrastructure towards green and low carbon development with the second line. It will save about 2.76 million tonnes of carbon because it will use cattle waste, turn it into methane and run around 200 buses on it,” explained Aslam. Pakistan also has its own project, Aslam pointed out to the panel. It was driven by the need to plant more trees and it was completely self-financed. “It’s not in our NDC but we have a billion trees on the ground now. In the next phase, we have announced a 10 Billion Tree Project”.
Atlas Honda increased its Bike prices once again Atlas Honda has once again increased its bike prices yet again as the rupee continues to fall against the dollar. It is for the 6th time within a year that the company has increased its bike prices. The automaker has hiked the prices of its motorcycles by Rs. 2,600-8,000. The new prices are as follows: Honda CD 70 New price is Rs 69,500 Honda CD Dream New price is Rs 73,500 Honda Pridor New price is Rs 95,500 Honda CG 125 New price is Rs 114,500 Honda CB 150F New price is Rs 187,000 Honda said that the recent dollar appreciation against the Rupee was the main reason behind the price increase. However, despite the price bump, Honda’s sales have gone up by 3.66% as the company sold 373,698 units in 4MFY19, as compared to 360,516 units in the same period last year in 2017.
BankIslami partners with IMC BankIslami Pakistan Limited has signed a memorandum of understanding (MoU) with Indus Motor Company Limited (IMC) to offer customised financing packages to customers of Toyota Fortuner, Revo, Camry, and Rush across the country, a statement said on Monday. The bank will offer these financing options through its flagship product “Islami Auto Finance”, it added. Bilal Fiaz, head of consumer banking, BankIslami, and Syed Omar, general manager sales, IMC, laid the cornerstone of this partnership by signing the agreement in a meeting held in Karachi, it said. Fiaz said, “The collaboration is a milestone not only for both the organisations, but also for the customers who will greatly benefit from our uniquely structured auto financing solutions. This relationship will certainly help BankIslami and IMC explore new avenues to benefit our customers.” Omar said, “This initiative will create an id eal scenari o for the two organisations and will enable us to offer best value proposition to the customers.”
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Exclusive Article by Anwar Iqbal
Dodge Brothers to Chrysler...... Haroon Industries to Hino Pak Motors A Journey Through Time Tunnel
First Logo of Dodge Brothers Vehicle
The Dodge brothers were John Francis and Horace, born in 1864 and 1868 respectively. Daniel Dodge had taken over his father's business of repairing boat engines, and John and Horace grew up working in the Niles, Michigan, shop by his side. The family moved and settled in Detroit in 1886. John and Horace took jobs in machine shops like Murphy's Boiler Works and Windsor's Dominion Typography Company. They teamed up with Frederick Evans in 1896 to start creating Evans & Dodge bicycles. What made the bikes so special were the ball bearings that Horace Dodge invented and patented. The ball bearings were resistant to dirt, so they did not clog up or stop working. Before long, the Dodge brothers went back to their machinist roots and opened their own machine shop the following year. They started out creating parts for
stoves, but they quickly shifted their interest to automotive parts since the new automotive industry was growing quickly. Even as parts makers, they had a reputation as the best. They picked up huge contracts with the Olds Motor Vehicle Company and the Ford Motor Company to create engines, transmissions, and frames with axles. The Dodge brothers soon became major stakeholders in the Ford Motor Company. Henry Ford had gifted them stock when he couldn't make a cash payment, and they became 10-percent owners of the company. They were then contracted to produce Model Ts because Ford couldn't keep up with the demand, and they even redesigned some of the car's parts. John Dodge even became Ford's vice president. However, the Dodge brothers soon decided to cut ties with Ford and start their own company namely Dodge
The Dodge brothers in the first Dodge Brothers car (Photo via Chrysler Group)
Brothers Motor Car Company in 1913. They expanded their plant and built the first on-site test track. No other automaker had such a testing facility. Dodge produced its first vehicle in 1914, the Dodge Model 30, which was designed as a competitor for Ford's Model T. The car immediately set itself apart with its all-steel construction, 12-volt el ect ri cal sy st em, s li d in g- g ear transmission, and a whopping 35 horsepower. Dodge dealers quickly began springing up around the country. The Dodge brothers actually received 22,000 applications for new Dodge dealers before they had even finished production of the Model 30 -- thanks in large part to their reputation for success with their automotive parts and the work they did with Ford.Dodge produced a roadster in 1915, and the following year, it introduced winter cars (with hard tops and side windows) and a center-door sedan. Dodge started an advertising campaign with the slogan "It speaks for itself," and the company invented the word "dependability," which was soon added to the dictionary. Dodge sold 150 cars to the U.S. Army in 1916, and it developed a truck that would be used as a military ambulance the following year. That truck design led to the creation of a commercial truck, as well.Dodge continued to expand in the following years, adding new vehicles and spread out in markets such as Canada. The Dodge brothers made millions from the sale of Ford stock and dividends, as well as from sales of their own vehicles. The brothers died unexpectedly in 1920.
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Monthly AutoMark International
Horace Dodge fell ill with pneumonia during the 1920 New York Auto Show in January. John Dodge sat by his bedside and caught pneumonia, as well. He died only 10 days later, He was only 55 at that time. Horace Dodge continued to fight his illness for many more months. He died in December of 1920 from cirrhosis of the liver. He was 52 at that time. In 1921 the brothers’ widows took control of the Dodge Brothers Company. During the 1920s, Dodge gradually went into decline. Although the company was emerging as a leading builder of light trucks, there was significant stagnation in development. The first Dodge truck was a panel van, not a pickup. The u nderlyin g chassis was almost unchanged from their other cars. In 1925, with the company’s position in the industry increasingly uncertain, the widows sold the company to Dillon, Read & Co, a well-known investment firm. Despite the expansion, Dodge Brothers’ sales continued to drop. In 1927, and Dillon, Read & Co. began looking for someone to take over the company on a more permanent basis. The company was unfamiliar with the automobile industry and were not able to keep the
firm operating efficiently. Dodge was eventually sold to Walter Chrysler’s Chrysler Corporation in 1928. Dodge introduced a half-ton pickup for 1929 just after its acquisition by Chrysler. This was to be the last truck designed by the old Dodge Brothers company. The Dodge brand has withstood the multiple ownership changes at Chrysler from 1998 to 2009, including its shortlived merger with Daimler-Benz AG from 1998 to 2007, its subsequent sale to Cerberus Capital Management, its 2009 bailout by the United States government, and its subsequent acquisition by Fiat. In 2011, Chrysler Group was renamed FCA US LLC, corresponding with the merger of Fiat S.P.A. and Chrysler Group into the single corporate structure of Fiat Chrysler Automobiles. Dodge (Chrysler) was entered in Pakistan in late 50’s. Haroon Industries was the partners of Dodge (Chrysler) in Pakistan. TheHaroon Industries vehicle assembly plant was now known as Hino Pak Motors. Dodge started its SKD assembly of Dodge Dart cars in Haroon Industries plant as well as passenger buses and vans in early 60’s. An interesting vehicle called “Kekra (desert transport), used in Tharparkar, Sindh, Acually these vehicles are Doge trucks which were the left over vehicles of Korean war (1950-53) . American Government Gifted these vehicles to Pakistan Army after the war. When they were declared "out of service" by P aki st an A r my an d auct i o ne d subsequently. These Dodge trucks were introduced as public transport vehicle in Thar Desert area by private owners.
Haroon Industries was nationalized in 70’s by the first peoples party regime and renamed as Republic Motors Ltd. Republic motors was operational till the General election of 1977. The election saw a massive victory for ruling party. However opposition parties ended up accusing the Government for rigging in election in her favor which was denied by the government and refused to hold any re-election. This sparked off unrest that resulted from mass demonstration and violent protests. Security forces were unable to control the situation.During those violent demonstration, Republic Motors was sat on fire and the main plant building was destroyed. As a result the plant was closed and unoperational. In the subsequent Government of General Zia UlHaq this closed and semidestroyed plant was taken over by Hino Motors Japan and Toyota Tsusho Corporation in collaboration with AlFuttaim Group of UAE and PACO Pakistan. They are formed Hino Pak Motors Limited in 1986. In 1998, Hino Motors Ltd., and Toyota Tsusho Corporation obtained majority shareholding in the company after disinvestments by the other two founding sponsors.
Dodge Dart 2019 Model 1964
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Corporate Event - Media Coverage
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Dealers award distribution ceremony by General Tyre GTR has arranged Dealers Prize Ceremony on Nov 12 at Nathia Gali. Top dealers / distributors from all over Pakistan were invited. They were distributed prizes like SUV, car and motorbikes, Umrah / Hajj tickets, Gold bars, LED TV, wrist watches, cell phones etc. The top ranked were also given crystal shield on their best performances on all Pakistan and Zone basis. GTR top management were also present there. MD in his short speech addressed the audience & informed them about the investment made in the up-gradation and improvements of plant equipment. He further said that General Tyre is committed to provide international standard quality tyres of all categories.
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Exclusive Report from Malaysia
Monthly AutoMark International
Zhejiang Geely Holding Group unveiled its first right-hand drive vehicle in Malaysia Proton X-70 Sports Utility Vehicle (SUV) officially launches in Kuala Lumpur Convention Centre, Malaysia. Malaysian Prime Minister Mahatir Muhammad was the chief guest of the ceremony who launched the much waited Proton X-70 variant. This is the most anticipated SUV in Malaysian automotive history, with over 10,000 bookings received as at endOctober 2018. The X70 is billed as the first premium SUV by a Malaysian automotive brand, and was jointly developed by Proton with partner Geely. Dr Mahathir, in his speech, said he hopes the collaboration between Proton Holdings Bhd and Zhejiang Geely Hold ings Group (Proton-Geely) collaboration will produce a truly Malaysian car in the future. “Of course this car is not designed and built by Proton entirely but in order to be fast on the road, you have to cut corners,” he said. However, Dr Mahathir said Proton should continue to make progress and participate in developing new models. Since partnership with Geely, Proton has made progress including the launch of its first sport utility vehicle, the X70.The model is the first collaboration between Proton and Chinese automaker Geely. To prepare for its introduction, Proton embarked on a comprehensive mar keting plan to b uild an
unprecedented level of excitement amongst car buyers via on-ground events, the launch of an online booking portal and giving the SUV its public debut at the Kuala Lumpur International Motor Show 2018. “The Proton X70 is the result of more than one year of hard work by Proton and Geely engineers, designers and hundreds of other people working together to develop the first premium SUV by a Malaysian car manufacturer,” said Proton CEO Li Chunrong. A total of four variants have been introduced, which includes the Standard 2WD, Executive 2WD, Executive AWD, and Premium 2WD. All variants of the Proton X70 share a 1.8-litre TGDi turbocharged four-cylinder petrol engine that does 181 hp and 285 Nm.
Pakistani Management and Dealers Principals on the occasion of this ceremony
The Standard 2WD (two-wheel drive) is priced at RM99,800; RM109,800 ( Ex e cut i v e 2 WD ) ; R M1 15 , 8 0 0 (Executive AWD – all-wheel drive); and RM123,800 (Premium 2WD).
Specs of Proton X-70 • Gets keyless entry (with active touch sensors on the front door handles) • Electrically foldable wing mirrors • LED projector headlights with LED DRLs & LED fog lamps, • “Smartphone Remote Control” and “Smart Air Purifier” • The “Air Cleaner” system So far, the available exterior colour options as we can tell are Flame Red, Snow White, Armour Silver, Jet Grey and Cinnamon Brown. Pakistani Management and Dealers Principals also attended the ceremony.
Farhan Hafiz with Volvo, Geely and Proton’s Chief Designers on the occasion of this ceremony
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Media coverage - CSR by Plastech Autosafe
Monthly AutoMark International
Corporate Social Responsibility Program by Plastech Autosafe at Seaview Beach in Karachi
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Report by Automark correspondent from Islamabad
27TH MEETING OF THE AUTO INDUSTRY DEVELOPMENT COMMITTEE (AIDC) - A BRIEF It is very obvious that electric vehicles are the future of auto industry in recent budget 2018-19, EV have been intencivitized. Custom duty on the import of electric cars in CBU form is reduced 50% to 25%. Import duty on CKD kits for the assembly of electric vehicles is reduced from 50% to 10% subject to the preparation of localization plan by EDB / MOI & P. This matter was also discussed in detail during meeting. Surprisingly one of Japanese brand auto assemblers in Pakistan strongly opposed to allow any concession to electric vehicles assemblers. In July 2017, Engineering Development Board formally dissolves by the previous Government. The new Government revived EDB in October 2018. It was announced by Abdul Razzaq Dawood – Advisor for Commerce, Textile Industry and Production, and investment of Pakistan. He further stated that EDB will and new Board will be constituted and strengthened. With the revival of EDB, the 27th meeting of Auto Industry Development Co mmi t tee was ann ou nced o n November 28, 2018 in the conference room, board of investment Islamabad with a very heavy agenda and a very long list of invitees. Some of the points on the agenda were of very important nature, on the top was recommendation on withdrawal of regulatory duty on Import of all input materials to be used by local vendors for the manufacturing of auto parts under SRO 655(I)/2006. All members unanimously agreed and requested EDB to write a letter to FBR. A deputy has written a letter to secretary Tariff II of FBR for the withdrawal of regulatory duty as all auto parts. Manufacturers are SME’s and do not have the capacity to sustain loses which may result in closure of their business. So please take immediate remedial measures to rescue local parts manufacturers. Two automobile assemblers i.e Master Motors and Afzal Motors ask for the consideration of relaxation of time period for installation of ED Paint Shop facilities. After detailed discussion and
EDB AIDC
Engineering Development Board
Auto Industry Development Committee question answer session the requested extension in period was allowed. It is very obvious that electric vehicles are the future of auto industry in recent budget 2018-19, EV have been intencivitized. Custom duty on the import of electric cars in CBU form is reduced 50% to 25%. Import duty on CKD kits for the assembly of electric vehicles is reduced from 50% to 10% subject to the preparation of localization plan by EDB / MOI & P. This matter was also discussed in detail during meeting. Surprisingly one of Japanese brand auto assemblers in Pakistan strongly opp osed t o allow any concession t o electric v ehicles assemblers. Pak Suzuki Motor Company officials distributed copy of letter which was address to Prime Minister Imran Khan among the p arti ci pant s of the meeting. However after a while Suzuki official
requested that they want to withdraw this copy of letter and wish to collect back the copies of letter from the participants. Now this letter is an open secret and Pakistan print and electronic media already reported the constant of this letter. Actually Suzuki is interested in investment of US$ 460 million through Pak Suzuki Motor in Pakistan and for this, we are requesting that the same BENEFITS / INCENTIVES MUST BE GIVEN TO EXISTING PLAYERS ONLY FOR THREE (3) YEARS FROM THE START OF PRODUCTION OF THE NEW MODELS, instead of 5 years which is given to completely new entrants in the auto policy (2016-21). The new entrants strongly opposed this proposal the demand by Pak Suzuki created quite a debate at the meeting. Auto policy 2016-2021 does not allow these incentives/benefits under Greenfield Investment status to existing assemblers. If Suzuki got this status the same incentives and benefits should also apply on all existing assemblers. However, the government needs to amend the new auto policy to provide benefits to existing assemblers. New players had emphasized the government to let the auto policy continue without any changes otherwise there would not be any attraction for new comers. Greenfield policy was made to provide level playing field to new comers and if Suzuki or other existing assemblers receive these, this would be unfair.
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Mehran Commercial Enterprises - PR
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MCE inaugurated its New Product Line In floor mats after its technical collaboration with an Indonesian Company
Mehran Commercial Enterprises is a tier 1 manufacturing company that specializes in “Interior Parts” for the car, truck and tractor sector of Pakistan. Their latest milestone is a Technical Collaboration between AAA APM Armada Auto parts Co Ltd., Indonesia which is a leading interior parts manufacturing of INDONESIA. The company has just installed a new line for manufacturing of “Floor Mats” to be provided to HINO Pak Motors for their new products. To launch this line the company organized a ceremony to commemorate the individuals that provided their influence, cooperation and hard work towards making this technical agreement possible. The Events Chief Guest was the Council General of the Indonesian embassy H.E. Mr. Totok Prianamto, with the Guest of Honor Makoto Hosoda head of Supply Chain Div. for Hinopak Motors Ltd, at Korangi Creek, National Industrial Park,
Plant. The Chief Executive of Mehran Commercia l Enterprises Mr. Qammurddin Khan at the ceremony thanked the efforts of the Council General of the Indonesian Consulate and the cooperation of the HINO PAK MOTOR CO management team that was involved in finalizing the initial order for the HINOFJ1J Prime Mover. He also thanked the Vietnamese Commerical Councillor Mr. Nguyen Hong and his team for being present at the ceremony. The Director MCE Mr.Ghazanfer Khan’s tireless efforts were appreciated by the CEO and other guests at the ceremony. The Chief Guest congratulated the MCE management on the great achievement. He praised the management of AAA APM Armada Auto parts Co ltd’s management and engineers for their knowledge, expertise and a positive attitude to get this business deal in to
action. Mr. Ghazanfer Khan during his speech confirmed that this was Phase 1 of the technical agreement with the next phase starting in a few months and targeting roof headlining and molded sun visors and door trims. The Technical Collaboration is an example for the rest of the industry to capitalize on opportunities to upgrade their technologies as they must stay on top of their game to compete with the international competition progressing vigorously in the field of engineering. Mehran Commercial Enterprises is vigorously trying to achieve milestones in the export market by exporting their brand to different parts of the globe in the future. Mr. Qammaruddin Khan at the end verified that this is a small effort for a better future, with everyone putting in their efforts Pakistan has a bright future inshallah.
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Report by Abdul Rashid, Secretary-PFA
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Event Report of 7th IFCE-2018, Lahore-Pakistan Pakistan Foundry Association organized 7th International Foundry Congress and exhibition on 13th-15th Nov, 2018 at Pearl Continental Hotel, LahorePakistan. Mr. Sikandar Mustafa Khan- President, Pakistan Foundry Association welcomed the chief guest, ministers, academia, f ou n dr ymen , y oung engi ne ers, all f oreign d elegates, nati onal & international industrial representatives. He highlighted that Pakistan needs to initiate cluster growth in this industry to increase engineering exports and take our global share of castings and engineering items. Imports of castings in various sectors to be reviewed by government for the growth of local industry. Mr. AbdurRazzakDawood, Advisor to PM on Commerce, textile, and industry, Inaugurated IFCE-2018. The event was organized by Pakistan Foundry Association, engaged in the development of foundry sector with the objective to prepare local foundries for export markets through technological upgradation and skills development. All members of PFA, Vice Chancellors from various Universities, technical teams from leading industrial sectors and many more have witnessed the exhibition and conference. Mr. ShafqatMehmood, Federal Minister of Education and Skills Development, federal secretaries from various departments were also present. The IFCE-2018 have provided an opportunity to investors, machinery manufacturers, foundry material
suppliers and service providers to showcase their products and services to their counterparts and potential customers to make alliance. This forum also provided a platform to the participants to get together & discuss advancement and opportunities in foundry business. Pakistan Foundry Association is supporting foundries to adopt new technologies and to prepare them to improve casting production. In this regard 25 technical papers were presented during IFCE-2018 of one to two hours each session over two days. Almost all sessions were successfully organized on important subjects of casting. It was an interesting initiative for those who wanted to bring changes in their industry. Moreover, multinational companies (Omega, Sinto, Saint-Gobain, MAGMA,
Cukurova Kimya Endustrisi – Turkey, EGT, Turkey, Forace Polymers Pvt. ltd, Electrotherm (India) Ltd. Inductotherm, Megatherm, China Foundry Association, M/S JIANGSU XINGRUI PIPING CO.,LTD and M/S WUXI RONNIEWELL MACHINERY etc..) manufacturing equipment’s, foundry machinery, material, suppliers also exhibited and presented their latest technical updates to the participants of IFCE-2018. Overall there were around “4300” footfalls. Pakistan Foundry Association invite foundrymen from multinational industries on the globe to join IFCE-2020 to be held in the mid of Nov, 2020. I emphasis Pakistan is a potential market of castings and yet economical as compared to neighbors.
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Company networking activities
Monthly AutoMark International
Events and Visits by Phoenix Batteries during last month
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Conference on Carbon Neutral Built
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1st International Conference on Carbon Neutral Built Environment & Thar Karachi Student Mobility Campaign for reducing Carbon Footprint C lo s i n g C er e mo n y o f t h e 1s t International Conference on Carbon Neutral Built Environment 2018 was held at NED University of Engineering and Technology today. The closing ceremony also hosted thirty-five school students from six schools of Tharparkar region, who alongside school students of Karachi planted geo-tagged trees on NED University soil. The event was attended by various dignitaries, and was conducted in collaboration of HEC and Thar Foundation. SM Public School Campus V, Hamdard Public School and Cowasjee School participated in the drive. The drive was called “CO2 Smart – Thar Karachi Student Mobility Campaign for red ucing Carbon Footprint”. Honorable Minster of Women Development, Mrs. Syeda Shehla Raza, was the chief guest, while Mr. Javed Memon, HEC Regional Director was the guest of honour. Both distinguished guests also planted trees alongside students. Prof. Dr. Saad Ahmed Qazi, Conference Chair and PI of Thar Karachi Student Mobility Campaign provided an overview of the project to the audience. He stressed on the need of having a national student mobility programme where local engagement is needed to address indigenous challenges and increase cohesion and harmony among ourselves as a nation. He shared that every student that has arrived from
Tharparkar is visiting Karachi for the very first time in his or her life. And, that this experience will enable them to broaden their exposure and help them grow into future leaders in their regions. Afterwards, the CO2smart website was inaugurated by Mrs. Syeda Shehla Raza. The website allows the viewers to see the amount of CO2 what has been absorbed by the planted trees in real time, giving an immediate sense of achievement to the students who planted it. The Minister greatly appreciated the efforts of NED University, HEC and Thar Foundation in converting an innovative technological idea into reality. She also shared various initiatives undertaken by the Sindh Government for uplifting of Tharparkar. Mr. Javed Memon, HEC Regional Director, stressed on the need to involve
more stakeholders in the carbon neutral drive of NED University so as to magnify the impact for the society and the country. He also suggested that relevant environmental bodies should consult NED University for recording real-time statistics from plants. Pro-Vice Chancellor, Prof. Dr. Muhammad Tufail broadly shared the idea of a carbon neutral campus and the steps which have been taken by the University. He also presented the shields to the guests. Conference Secretary, Engr. Saqib noted that the conference was attended by several international dignitaries coming from the UK, Iraq and Australia. He thanked all the participants for making the conference successful through their submissions and presentations.
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International Automotive Industry - Update
Honda Launches Facebook Messenger Bot Honda has launched an AI-powered digital assistant on Facebook messenger. The Honda Bot provides a mobile shopping experience that feels like a conversation with a human automotive expert. The digital assistant guides consumers through the shopping experience normally handled on Shophonda.com. Carlabs. ai, reportedly the first conversational AI platform for digital automotive sales and customer service via chat, partnered with Honda and its agency RPA to build the smart sales assistant. Car shoppers can text directly with a virtual Helpful Honda representative to ask questions about products, discuss pricing, estimate payments, learn about special offers, view photos and videos, search inventory and find nearby dealers. Shoppers can do all of this without leaving the Facebook Messenger platform. Honda aims to drive qualified shopping via the custom web views that live within the bot itself, as well as measuring those who click out to build and price, says Jessica Fini, social media manager, American Honda. The goal is to improve advertising conversion rates, guide shoppers more quickly and painlessly through the shopping process and secure more qualified sales leads. “Honda’s development objective was to see if a chat interaction on social would serve as a better converter to qualified shopping actions versus sending inmarket shoppers from Facebook placements to the mobile site,” Fini tells Marketing Daily. “Our theory is that targeted shoppers on social may be more likely to engage with the brand via a conversation within Messenger vs. clicking through to the website.” Carlabs.ai has built similar solutions for Kia Motors America, Kia Motors Mexico and others. Honda sister company Acura launched its own chatbot in March with the launch of the 2019 TLX. Starting in January, it will integrate the RDX into the bot experience. The Acura chatbot enables consumers to build and price the vehicle within the bot (unlike the Honda Chatbot, which offers build and price on a separate site). Acura worked with MullenLowe for creative and Hexagram for development.
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Toyota group aims to sell record 10.76 mil. cars globally in 2019 Toyota Motor Corp. said Monday its group aims to sell a record 10.76 million vehicles globally in 2019, up 2 percent from the previous year, driven by solid demand for hybrids in China and Europe. The global sales, which include vehicles to be sold by two group companies, minicar-manufacturer Daihatsu Motor Co. and truck maker Hino Motors Ltd., will hit a record high for the third year in a row and surpass the 10 million mark for the sixth straight year. Overseas sales are expected to rise 2 percent to 8.45 million vehicles, while domestic sales are estimated at 2.31
million, up 1 percent. The group expects to sell 1.92 million hybrid and other electrified vehicles globally, up 18 percent. As the Japanese government will raise the consumption tax next October, potentially weighing on consumer spending on durable goods, a Toyota official said the latest projection has factored in the impact to some extent. The Toyota group also plans to produce 10.86 million vehicles worldwide next year, up 2 percent from 2018, also a record high for the third consecutive year, it said.
Daimler to invest $23B in Batteries to tuel Its Electric Vehicle Drive German automaker Daimler AG is reportedly planning to purchase battery cells worth $23 billion by 2030, as it is works to bring a number of electric and hybrid vehicles to the market. The automaker has not disclosed about the companies that would supply it with batteries, however it does have supply deals with China’s CATL as well as SK Innovation and LG Chem. Further from the reports, the $22.8 billion budget of Daimler for lithiumion batteries is a part of its multi-billion dollar efforts for launching 130 electric and hybrid vehicles by 2022, as well as commercial vans, buses and trucks. A Mercedes-Benz board member Wilko Stark said in a statement that the company has set another crucial milestone for the electrification of its future electric vehicles of the EQ technology and product brand, with the extensive orders of battery cells up to 2030. Sources with knowledge of the matter revealed that the German automaker has been expanding its electric vehicle offensive since many years now, an effort
which included a heavy-duty electric truck development. It now plans to spend $1.2 billion for developing global battery production as well as an investment in ChargePoint, an electric charging company. Apparently, global battery production network for the cars from MercedesBenz would soon consist of eight factories across three continents. The first factory located in Kamenz, Germany is currently in series production with the second one there to begin series production from early 2019. Another two factories would be established in Germany, and in Tuscaloosa in Alabama, Bangkok and Beijing. The company has recently revealed an all-electric crossover, the EQC, which kicks off the plans of Daimler to invest over $12 billion for producing a line of models powered by battery, under its new EQ brand. The automaker has purportedly tapped a new Chief Executive, that has been leading the research and development efforts of the automaker recently, which includes its push into electric vehicles.
Yamaha India To Launch A New Bike On January 21st; All Hints Point Towards The FZ FI V3 Yamaha India is preparing to launch a new motorcycle, which will be revealed on January 21st, 2019. While the official invite doesn’t drop any hints as what the product could be, recent sightings of the Yamaha FZ FI V 3.0‘s test mules suggest, it could well be the street fighter styled motorcycle which will show up on stage. While that seems almost certain, if you allow us to cloud your
mind, the Yamaha XTZ 125 was spotted recently too. We also hear chatter that the MT 15, a naked version of the Yamaha YZF R15 V3, could be launched on that day. We’ll Spied testing wearing some camouflage, the updated 2019 Yamaha FZ FI appears to carry forward the same design language as the currentgen motorcycle.
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Automotive News - Update
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Electric car charging why is it so complicated? Filling up with fuel is easy, charging an electric car, however, seems a lot more complicated - but why? From the different connectors to consider, variable rates of charge and different places to recharge your EV It can seem like a complex job. The truth is, electric car charging need not be so confusing. Allow us to free you from the tangled mess of charging cables, with our simple, explain-all guide.
What are the main ways you can charge an electric car? In basic terms, there are three ways to charge an electric car: at home, at the workplace, or at a public charging point.
Home charging In terms of convenience, charging each night at home is simplest. This will likely provide most of the daily driving range the average driver will need – and mean they effectively start each day with ‘a full tank’. Most electric cars can be charged at home using a standard three-pin
domestic plug socket. A new EV will be supplied with a standard EVSE (Electric Vehicle Supply Equipment) charging cable, allowing you to charge anywhere you can find a mains socket. While the EVSE cable will keep you and your electric car safe when charging, we would recommend the installation of a dedicated EV charging wallbox, which should be fitted by a trained electrician. A home charging point will cost around £1,000, but as part of the Electric Vehicle Homecharge scheme, the government will provide a grant of £500 towards the cost. A wallbox is safer and quicker than using a domestic plug socket, as it communicates directly with the car, with charging time reduced by 30-60%, depending on the vehicle. In the case of Chargemaster, grantfunded prices start from £279 for a 3kW charging point, rising to £1,200 for a significantly quicker 22kW point. In all cases, the Homecharge kits are covered by a three-year warranty. Renault recommends the mid-range 7kW wallbox for the Zoe, which provides a full charge in seven to eight hours. Meanwhile, Nissan says that a wallbox will charge a 24kWh Leaf in 9.5 hours,
or seven hours for a 30kWh Leaf. Workplace charging Workplace charging points help make electric cars viable for business users with longer commutes. If your work does not have an electric vehicle charge point installed, it could take advantage of the Government's Workplace Charging Scheme (WGS). The WGS is a voucher-based scheme that provides a contribution towards the up-front costs of the purchase and installation of electric vehicle to the value of £300 per socket – up to a maximum of 20 sockets. Employers can apply for vouchers using the Workplace Charging Scheme application.
Public charging The network of public chargers is best suited for longer journeys, with a rapid charging unit providing up to 80% of charge in as little as 20-30 minutes. The network of public chargers continues to grow at an incredible rate, with Zap-Map reporting a total of 14,117 connectors at 4,935 different locations at the time of writing (9 November 2017).
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Automotive News - Update
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This is where things get slightly more Different types of charge Popular electric cars – charge complicated, because, as yet, there isn't In 2011, the network was dominated by connector type a universal connector for electric vehicles slow chargers, but since then the growth • BMW i3: Type 2 and CCS (for rapid and the different chargers. Thankfully, has been in the number of fast and rapid charging) Zap-Map has provided a handy guide to chargers. In total, there are three main • Hyundai Ioniq: Type 2 and CCS (rapid) the various connectors. charging speeds: Slow, Fast and Rapid. • Mitsubishi Outlander PHEV: Type 1 There are three categories of charge These are outlined below. and CHAdeMO connectors: slow, fast and rapid. Here, • Nissan Leaf: Type 1 and CHAdeMO Slow charging we list them, and detail the different (rapid) The clue is in the name: these are the types of connector within each category. • Renault Zoe: Type 2 slowest chargers available to the EV Slow charge connectors • Tesla Model S: Type 2 and Tesla owner. Units are rated at 3kW, and a • 3-pin 3kW AC Supercharger (rapid) full charge could take as long as 12 hours, • Type 1 3kW AC • Volkswagen e-Golf: Type 2 and CCS but most likely 6-7 hours. • Type 2 3kW AC (rapid) By their very nature, slow chargers are • Commando 3kW AC Charging networks unsuitable for public use and tend to be The difficulties do not end with charge found at home or in the workplace. Fast charge connectors connector types. There are a number of While an electric car can be charged • Type 2 7-22kW AC EV charging networks in the UK, each using a domestic plug socket, a dedicated • Type 1 7kW AC one taking a different approach to wall box is recommended (see the • Commando 7-22kW AC charger access. previous section). Rapid charge connectors Polar is the UK's largest public charging Fast charging • CHAdeMo 50kW DC network with 5,500 charge points across • CCS 50kW DC You will find fast chargers in the country. Access is granted via a supermarket car parks, shopping centres • Type 2 43kW AC smartphone app or RFID (Radioor anywhere an electric car can be left • Tesla Type 2 120kW DC frequency Identification) card, and for an extended period. A 7kW charger Check the car's handbook and the available as a pay-as-you-go or charging network provider websites for will recharge an EV in 3-5 hours, while subscription service. a 22kW unit could complete the task in more specific information, you might Ecotricity asks its customers to register a couple of hours. need to factor this in when planning via a smartphone app, which is used to Rapid charging your charging stops on a long journey. con t ro l t h e cha rg in g p r oc ess . A rapid charger can provide up to 80% The last thing you want is to get to a Meanwhile, Tesla owners simply turn of charge in as little as 20 minutes, charging station when your battery's up at a Supercharger station and wait making them the quickest means of low, only to find it's not compatible with for their EV to be recharged. your car's charging input. charging in the UK. They are commonly There are regional charging networks found at motorway service stations and For example, the Nissan Leaf features too, but many of them also offer access close to major roads. two charge sockets: a Type 1 for slow to customers of larger EV networks. If Rapid DC chargers provide up to 50kW and fast charging, and a CHAdeMO for you are planning to rely on an EV of power, while rapid AC units are rated rapid charging. charging network, make sure you’re up to 43kW. Meanwhile, the Tesla Meanwhile, the Renault Zoe has a single signed up to the correct network for any Supercharger network uses the Type 2 inlet for slow, fast and rapid chargers you’re planning on using: there charging. company's proprietary plug, making the are several resources that allow you to rapid chargers unsuitable for other check ahead both for the location of makes and models. They deliver power chargers and the network running at a rate of 120kW. them. Charging adapters www.automark.pk | January-2019 | Page 43
Automotive News - Update
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Monthly AutoMark International
Belarus to increase machinery supplies to Pakistan Belarus is set to increase machinery supplies to Pakistan, including by means of expanding the assortment range of export commodities, Belarus Deputy Industry Minister Dmitry Korchik told reporters on 18 December, BelTA has learned. “We are to leave for Pakistan soon to discuss a possibility to increase machinery exports and the assortment of supplies to Pakistan,” he noted. Dmitry Korchik said that Belarusian machinery has tremendous sales potential and has aroused interest in Pakistani counterparts. “Apart from that, we want to take part in technical upgrade programs in Pakistan. I think this will also be of interest to our partners,” Dmitry Korchik noted. As of today, Minsk Tractor Works (MTZ trademark) is Belarus' major machinery exporter to Pakistan. MTZ has been operating on the Pakistani market for over 50 years already. Apart from expanding the assortment range of export commodities, the company is determined to promote assembly manufacturing and increase the localization level. In 2019 Belarus is set to launch mass su pp lies of Gomselmash grai n harvesters Palesse GS575 to Pakistan. This harvester has been successfully
Displaying their products on MTZ indoor and outdoor exhibition premises were domestic industry giants like MTZ, Amkodor, Bobruiskagromash, MAZ, Gomselmash, Lidselmash, and Minsk Motor Plant. tested this year. “We are also supplying our agricultural trailers and are looking for potential partners to assemble road construction machinery,” Dmitry Korchik informed. Chairman of the Joint Chiefs of Staff Committee of the Armed Forces of Pakistan Zubair Mahmood Hayat is on an official visit to Belarus. On 17
December the Pakistani delegation visited the MTZ premises to see Belarusian machinery and equipment, as wel l as pr od uct s mad e b y Belneftekhim Concern, Bellegprom Concern, Belgospishcheprom Concern, the Healthcare Ministry and the Agriculture and Food Ministry.
Millat Tractors achieve success in export sector Prime Minister's Advisor on Commerce, Textile, Industry & Production and Investment Abdul Razak Dawood ack no wl ed ged t he ef f o rt s and appreciated the range of quality products the company is manufacturing to increase the export and revenue of the country. Millat Tractors Limited yesterday organised the celebration ceremony to mark the company's success in exports of its products and achieving high sales record in the current fiscal year. While speaking at a celebration ceremony Abdul Razak Dawood said that valueadded engineering products could earn much needed foreign exchange and generates a plenty of revenue for the country besides making it self-sufficient
locally. Millat Group's Chairman Sikandar Mustafa Khan and Millat Tractors Limited's Chief Executive Officer S M Irfan Aqueel were also present on the occasion. Abdul Razak Dawood also inaugurated the export consignments of tractors being sent to Tanzania and Madagascar. He was briefed that the company is being manufactured products including Millat made Massey Ferguson tractors, tractor engines, electro pack engines, assemblies and sub-assemblies of spare parts that are being exported to Europe, Africa, South Asia, Turkey and Australia. The exports have been a result of Millat's agreement with their Principal AGCO, signed in 2015. It is important to note
that Millat made products were competing in the global markets not only because of its affordable price ranges but also for good quality and high standards. H e al so ev a lua t ed t w o n ew l y manufactured tractor models, MF 3604wd and MF 375- 4wd ready for export to global and local markets. Speaking on the occasion, Sikandar Mustafa Khan said that the company's exports are a testament of technical strength of its products, competing for the global markets successfully. He also paid tributes to all the stakeholders including foreign partners of the company which stood by it all the way and helped the company in achieving a milestone.
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Corporate Business Event Update
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IMC pledges Rs 100 million for dams Indus Motor Company Limited (IMC) has pledged Rs 100 million to the Supreme Court of Pakistan and the Prime Minister's Diamer-Bhasha and Mohmand Dams Fund to avert the looming water crisis in Pakistan. The first tranche of 20 million has been presented to Prime Minister Imran Khan. Chairman Indus Motor Company Ali S Habib and Chief Executive Officer, IMC, Ali Asghar Jamali, while meeting with Prime Minister of Pakistan Imran Khan, presented the cheque and lauded the Supreme Court's noble initiative.
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New Technology News - Update
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LG and Samsung take heart as China flags more open car battery market For automotive battery makers LG Chem Ltd and Samsung SDI Co Ltd, the Chinese market has begun to offer promise after painful loss-making investments. The reason for their hardship: a government list of recommended battery suppliers published three years ago that became linked to generous car subsidies and did not include foreign firms. Since then, Chines e rivals le d by Contemporary Amperex Technology (CATL) and BYD Co Ltd have virtually locked up the world’s biggest market for electric vehicle batteries. But signs that China is starting to open its car battery market are spurring the South Koreans to invest further despite having had to repurpose existing Chinese production for exports. LG Chem said in July it will spend about 2 trillion won (USD 1.8 billion) on a second China car battery plant with production slated to begin in October 2019, while SK Innovation Co Ltd plans to invest 400 billion won in a China plant that would build key parts of EV batteries. Samsung SDI has said it may expand China battery capacity and Executive Vice President Michael Son has noted the company is preparing for a gradual change in what he called China’s ‘protectionist policy’. “We are in active consultations with several Chinese automakers,” he told an earnings conference call in October. With its huge shift to electric vehicles as it seeks to combat smog, China accounts for 61 per cent of a global car battery market worth an estimated USD 13 billion annually. That makes it vital to growth for LG Chem and Samsung SDI, the world’s No. 4 and No. 6 makers, even if they fret over having lost too much ground. “Chinese battery makers are growing so fast, it’s scary. The next two or three years will be critical in determining whether we survive and can pull ahead of them,” a Samsung SDI official said. Like several other company sources, he declined to be identified when discussing competition with China. Company and industry sources say the
South Korean investment plans were prompted by China’s pledge to phase out subsidies for electric cars and plugin hybrids by 2020, as well as a new ‘white list’ of approved battery suppliers published by two auto industry associations in May. The list includes LG Chem, Samsung SDI and a venture between SK Innovation and China’s BAIC Group. It is viewed as countering to some extent the November 2015 list that did not include foreign firms. “When we made the new whitelist, the basic principle was that we thought it was time to open the market as we are confident about our own products,” said an expert who helped compile it, declining to be identified as he was not authorised to speak on the matter. He added that Panasonic Corp, the exclusive supplier for Tesla Inc new cars, may also be included on a future version of the list. Panasonic said it plans to seek permission to be included - a move which comes as Tesla prepares to build a car plant in Shanghai. The list is, however, not linked to subsidies and on its own has not been enough to prompt a rush into China sales. According to a Beijing-based LG Chem official, automakers in China remain uncertain about how much weight it carries with the Ministry of Industry and Information Technology (MIIT), which published the first list and is a charge of approving new vehicles. For that reason, LG Chem has yet to start selling its batteries to car makers in China, the official added. The South Koreans hope that China’s rapidly expanding electric car market will mean sufficient demand for their products, even if those hopes are tempered with wariness borne from experience. Both firms completed their first China electric vehicle battery plants in October 2015, each banking that hundreds of millions of dollars in investment would pay off. LG Chem’s plant in Nanjing, for example, was the size of three soccer fields, opening with much fanfare and
government officials from both nations in attendance. LG Chem declared it was aiming to become the world’s No. 1 maker. But the MIIT list was published the next month and subsidies for a type of bus battery mainly produced by the South Koreans were halted in January 2016. That effective shutting out of the South Koreans from the Chinese market underscores broader concerns with Beijing’s trade and industrial policy at the heart of the trade war with Washington. “China used subsidies to block the entry of Korean competitors, which gave Chinese rivals time to catch up with the technology,” said Koo Hoe-jin, director of the Korea Batt ery Ind ustry Association. MIIT did not respond to a request for comment on its EV battery strategy. Pain has also come with a near 140 per cent surge in prices for cobalt, a key raw material for automotive batteries, since 2016. The jump has prompted a reworking of contracts to link raw material prices to battery prices, LG Chem and Samsun g SDI sai d. In contrast, Chinese rivals have suffered far less as China accounts for half of the world’s cobalt smelting capacity and has been increasing its clout in the global cobalt supply chain. That has helped CATL grow to be on par with long-time industry leader Panasonic. It is now also seizing contracts as automakers diversify their suppliers, including one with BMW which is a major Samsung SDI client. CATL and Warren Buffet-backed BYD together commanded a third of the global market in the year to endOctober, up from 18.2 per cent in 2015, according to SNE Research. LG Chem and Samsung SDI’s combined share has risen less than a percentage point to 9.6 per cent. “The Koreans are sandwiched between Japanese and Chinese rivals. The Koreans are in an obscure position,” said Park Chul Wan, a professor at Seojeong University.
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Companies line up plans for lithium-ion batteries production Toyota recalls pickups, SUVs to fix air bag and brake problems Toyota is recalling nearly 143,000 SUVs and pickups worldwide to fix air bag and brake problems. The first recall covers about 96,000 Toyota Land Cruisers and Lexus LX570 SUVs from 2008 through 2019. Toyota says a seat belt tension sensor can malfunction and deactivate the passenger's front, knee and side air bags. That would increase the injury risk in a crash. The company is developing a fix and will notify owners by mid-February. The other recall affects about 47,000 Tacoma pickups from 2018 and 2019. A brake master cylinder seal can become damaged and leak brake fluid, reducing front brake performance and increasing stopping distances. Dealers will replace the master cylinder. Owners will be notified in late January. Toyota wouldn't say if either problem has caused any crashes or injuries.
Yamaha Motor Makes Strategic Investment in Grab and Enters into Strategic Partnership in Motorcycle Ride-Hailing Service Yamaha Motor Co., Ltd. (“Yamaha Motor”) and Grab Holding Inc. (“Grab”), Southeast Asia’s leading online-tooffline (O2O) platform, announced today that they have agreed to form a strategic partnership to collaborate in motorcycle ride-hailing service within the Southeast Asian region with a focus on Indonesia. As part of the partnership agreement, Yamaha Motor will invest US$150 million into Grab. Through this partnership, Yamaha Motor and Grab aim to develop nextgeneration mobility services by implementing solutions and innovations which 1) leverage Yamaha Motor’s technology and knowhow in motorcycle safety to enable safe and confident riding amongst Grab’s biker-partners in response to motorcycle ride-hailing service demand with the aim of increasing user satisfaction and 2) lower the barriers to motorcycle purchasing for those engaged in (or considering to engage in) motorcycle ride-hailing.
The list includes Exide, Exicom, Amaron, Greenfuel Energy Solutions, Trontek, Coslight India, Napino Auto & Electronics, Amara Raja Batteries, BASF Catalysts and others . Over a dozen companies, ranging from auto component manufacturers to power and energy solutions providers, have rolled out plans to make lithiumion batteries locally, to cash in on the rush for green vehicles. The list includes Exide, Exicom, Amaron, Greenfuel Energy Solutions, Trontek, Coslight India, Napino Auto & Electronics, Amara Raja Batteries, BASF Catalysts, Trinity Energy Systems and Versatile Auto Components. The development has come close on the heels of the Prime Minister’s Office (PMO) directing that most of the incentives of the Rs 5,500 crore earmarked for the second phase of the FAME (Faster Ado ptio n and Manufacturing of Hybrid and Electric Vehicles) India Scheme be used to encourage local manufacturing of lithium-ion batteries, which form the core of electric vehicles. “There has been a surge in interest (to manufacture batteries locally) given the
government’s thrust on e-mobility. More than a dozen companies have started importing lithium-ion cells from countries such as China, Taiwan, Korea assembling batteries…The batteries being manufactured locally are costlier, but are superior in quality when compared with Chinese counterparts” said Sohinder Gill, director general, Society of Manufacturers of Electric Vehicles (SMEV). Though sales of electric vehicles have remained limited due to high costs and lack of charging infrastructure, industry insiders informed, the potential for battery makers is huge going ahead. A senior industry executive who did not wish to be identified said, “Even if sales of electric cars for personal use stay muted, batteries will be required by fleet operators running electric cars. Besides, there are more than 2.5 million e-ricks operating with inferior lead-acid batteries that have short replacement cycles. The opportunity is massive.” “Apart from supplying to original equipment manufacturers, there is a secondary market which has to be catered to,” concurred Gill.
Honda Makes Breakthrough in New Battery Technology Honda says that it has made a breakthrough in battery technology. The Japanese automotive manufacturer, in collaboration with the California Institute of Technology (Caltech) and NASA’s Jet Propulsion Laboratory (JPL), developed a new battery chemistry called fluoride-ion which demonstrates better performance than lithium-ion batteries, which are currently used, while causing less damage to the environment. More details regarding the fluoride-ion battery chemistry were published in an article published in the journal, Science. Honda says that the fluoride-ion batteries offer energy density that is 10 times greater when compared to lithium-ion batteries. This translates into a greater ability to store more electricity in a given volume, and thus greater range for an electric car. There
will be no need to make the battery pack bigger. There is also no risk of overheating and the new technology does not call for the use of rare metals like cobalt and lithium, the cost of which can be extremely volatile. The high performance of the battery is thanks to the low atomic weight of fluorine, which is the key component of the battery. The one drawback with the use of fluorine-ion batteries was that the batteries needed temperatures of around 150 degrees Celsius (302 degrees Fahrenheit) to work. Honda’s breakthrough was finding a way to make these batteries work at room temperature by using a new fluoride electrolyte that the researchers developed. Honda says the technology has been tested successfully in the lab, but it still needs to be commercialized successfully.
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Electric vehicles should overtake traditional sales in just 20 years It’s easy to dismiss exponential growth at its earliest stages. That’s because at the beginning of such a phenomenon, the quantities involved can seem insignificant. One becomes two, two becomes four, and so on. But if the environment is right, and the growth continues on, it can all of a sudden take over. This growth can lead to a paradigm shift and a new status quo, as well as massive opportunities along the way.
T he w at e r d r o p l e t analogy One famous example of exponential growth is the water droplet and stadium analogy. Imagine a giant football stadium, and you are sitting in the very highest seat. You can see the whole field. In the middle of the stadium, there are drops of water falling at an increasing rate. In the first minute a single drop of water falls, in the second minute there
are two drops of water added, and in the third minute, there are four drops of water, and so on. The rate doubles each minute. When do you think the stadium is full of water? Does it take hours, days, or weeks? For the first 30 minutes, not much seems to happen – there is a growing puddle, but it’s not likely something you can see from the very top seat. After 45 minutes the stadium is still 93% empty – but by 49 minutes, the entire stadium is full of water (and you’re swimming)! The electric vehicle market Today’s infographic comes to us from Raconteur, and it helps visualize anticipated growth in the electric vehicle market – a segment that sits at 1-2% of total vehicle sales currently. Using projections from Morgan Stanley, it shows that electric vehicle sales are expected to surpass those of traditional vehicles by 2038, while the global fleet of EVs is expected to surpass one billion
by 2047. Meanwhile, the transition to electric will be a game-changer for carmakers. Morgan Stanley’s analysis sees the average profitability of combustion engine models falling through the early 2020s, eventually turning to a loss per unit by 2028.
An EV flood? Will we wake up one morning with the auto market being flooded with new EVs, like in the aforementioned water drop analogy? Cer tainl y not. Manuf acturing processes are notoriously difficult to scale, and we still need to source the raw materials needed to fuel the green revolution. However, the speed of the transition to electric vehicles will still be surprising to many detractors – and for now, barring an unexpected drop in the price of oil to below $30/bbl, there doesn’t seem to be any obstacle that will slow the adoption of EVs.
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The 2019 Kona Electric will start at $36,450
Hyundai prices its electrified Kona SUV for the mass market Hyundai has finally shared the first pricing information for its electric Kona SUV, and the figures will be welcome news for those looking to shed fuel costs and emissions from their everyday travel without entering premium-price tag territory. The 2019 Kona Electric will start at US$36,450, with EV-related tax incentives available to US customers that can drive the price below the $30,000 mark. The Kona Electric is latest in a string of clean-driving cars from Hyundai, which also has its IONIQ line of electric vehicles in the works, along with an electric bus. It is based on the gasolinepowered original that arrived in 2017, but with a few cosmetic tweaks that include a closed grill. The $36,450 price tag is attached to a mid-range model offering 258 miles (415 km) of range on each charge, with pricing for other variants, including the long-range 300-mile (482-km) version, to follow. D e p e n d i n g o n i n d i v i d u al t a x
circumstances, US customers can take advantage of tax credits of up to $7,500 when buying electric vehicles. This is the same mechanism Tesla leverages in selling its cars as it edges towards its much-anticipated $35,000 price point for the Model 3 sedan. But the Kona's $28,950 total with tax incentives included is lower than what Tesla is currently able to offer, with its cheapest Model 3 today carrying a price of $37,500, tax credits included. With the current timeline around the arrival of a $35,000 Model 3 very much
unknown, Hyundai's Kona seems wellplaced to tempt shoppers away from Tesla's mass-market sedan, despite them being different types of vehicles. And if nothing else, greater options and some healthy competition in the EV arena can only be good news for consumers (not to mention the planet as a whole). Hyundai is producing the Kona Electric at its plant in Ulsan, Korea, and expects the first models to become available in California at the beginning of 2019. Source: Hyundai
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Car / Light Vehicle Price List SUZUKI Ex Factory Price
Model Model
WAGON-R VXR 1000cc Euro II WAGON-R VXL 1000cc Euro II MEHRAN VX 800cc Euro II MEHRAN VXR 800cc SUZUKI SWIFT 1.3L DLX SUZUKI SWIFT 1.3L Automatic NEW CULTUS VXR MT 1000cc NEW CULTUS VXL MT 1000cc NEW CULTUS VXL AGS 1000cc BOLAN VX 80cc EURO II BOLAN CARGO RAVI PICK-UP STD 800cc E2
SUZUKI MEGA CARRY 1.5 MT SUZUKI CIAZ (A/T) 1400cc SUZUKI CIAZ (M/T) 1400cc JIMMY 1328cc JLSX MT APV 1.5L GLX MT (Petrol) VITARA GLX AT 1.6 VVT
Advance Tax
Rs. 1184,000 Rs. 1274,000 Rs. 769,000 Rs. 840,000 Rs. 1,515,000 Rs. 1,651,000 Rs. 1,380,000 Rs. 1,501,000 Rs. 1,608,000 Rs. 834,000 Rs. 800,000 Rs. 756,000 Rs. 1,499,000 Rs. 2,100,000 Rs. 1,960,000 Rs. 2,293,000 Rs. 2,718,000 Rs. 3,890,000
Rs. Rs. Rs. Rs. Rs. Rs.
Rs. 10,000 Rs. 10,000 Rs. 10,000
TOYOTA COROLLA
HONDA Model Honda Honda Honda Honda Honda Honda Honda Honda Honda Honda
Price
BR-V i-VTEC 1500cc CVT BR-V i-VTEC S 1500cc Model Civic i-VTEC 1.8L Civic i-VTEC Oriel 1.8L City 1.3L Manual City 1.3L Prosmatec HYUNDAI City 1.5L Manual City 1.5L Automatic Aspire Manual 1.5L Aspire Prosmatec 1.5L
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
2,399,000 2,499,000 Price 2,824,000 2,974,000 1,869,000 2,009,000 1,929,000 2,693,000 2,079,000 2,219,000
PRINCE DFSK PAKISTAN
25,000 25,000 10,000 10,000 50,000 50,000
Model XLI VVT-i 1.3L M/T XLI VVT-i 1.3L A/T GLI VVT-i 1.3L M/T GLI VVT-i 1.3 A/T ALTIS 1.6L Dual VVT-i A/T ALTIS 1.8L Dual VVT-i A/T Corolla Altis M/T SR 1.8L (Grande CVT) Corolla Altis A/T SR 1.8L (Grande CVT) FORTUNER A/T 4x2 2694CC
Price Rs. 2,049,000 Rs. 2,124,000 Rs. 2,304,000 Rs. 2,379,000 Rs. 2,579,000 Rs. 2,819,000 Rs. 2,869,000 Rs. 3,004,000 Rs. 6,407,000
Toyota Hilux Pickup 4x2 sc Model
Price
Brand New Toyota Hilux Pickup, 4x2, 2500cc Single Cabin, White only, Hilux STD
Rs. 2,914,500
Toyota Hilux Pickup 4x4 E Model
Price
Toyota HILUX 2494cc, Diesel Turbo Charger Common Rail Engine, 4x4 Double Cabin - Standard Model
Model
Price
TOYOTA REVO DAIHATSU
K01 997CC, 2700mm K07 997CC, 6 Seater, AC/PS/PW C37 1500CC, 11 Seater,AC/PS/PW Prince Glroy 300 1499cc M/T Prince Glroy 370 1499cc M/T Prince Glroy 580 1499cc
Rs. 899,000 Rs.1,099,000 Rs.1,724,000 Rs.1,850,000 Rs.2,150,000 Rs.3,450,000
Model & Price Vigo Champ-V MT Revo G M/T 1GD-FTV 2755cc 4,865,000 Revo V A/T 1GD-FTV 2755cc Vigo Champ-G AT 5,095,000
Rs. 4,555,000
FAW MOTORS Price
Model FAW Carrier DL 1000cc FAW Carrier 1000cc STD FAW Carrier 1000cc (Flat Bed) FAW X-PV 1000cc Std FAW X-PV 1000cc A/c FAW V2 1300cc M/T Local Assembled
Rs. 919,000 Rs. 939,000 Rs. 929,000 Rs. 1034,000 Rs. 109,5000 Rs. 1,289,000
Monthly AutoMark Magazine - International Price updated Jan2019
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International Automotive Industry - Update
Monthly AutoMark
Toyota just announced 3 new recalls; one of them involves 12 model years worth of vehicles EV charging stations asked to install both Japanese, Chinese technologies EESL, which is tasked with the procurement of electric cars for use by government departments across the country, withdrew its tender for purchasing 10,000 electric sedans earlier this year. Unable to decide between Japanese and Chinese charging technologies for electric vehicles, the government has asked public charging stations to install both platforms, ending months of ambiguity that delayed electric vehicles procurement by Energy Efficiency Services Ltd (EESL). The move, however, is likely to substantially raise costs of charging stations. The plugs and communication protocols to link batteries to chargers need to be limited to keep costs down, experts said. India has been trying to work out a standard charging format amid strong lobbies on each end. Lack of clarity on charging protocol has to an extent derailed the electric vehicles programme that planned to aggregate demand and purchase about 20,000 cars over the next couple of years. Current international standards used by most vehicle manu facturers internationally are CCS and CHAdeMO.
Heads up, there’s been another recall... or three. What’s going on: Toyota has recalled nearly 70,000 Toyota and Lexus brand vehicles due to replace their airbag inflators. • According to Fortune, the recall includes the Toyota Corolla (model years 2003 to 2005), Toyota Sequoia (model years 2002 to 2005), Toyota Tundra (model years 2003 to 2005), and Lexus SC430 (model years 2002 to 2005) vehicles. • NBC News reported that the inflators, manufactured by a company called Takata, use a chemical called ammonium nitrate to create a small explosion that inflates the bags. • However, when the chemical deteriorates, it can burn too fast, causing the metal canister to blow apart and send shrapnel flying at the car passengers, per CBS New York. • According to USA Today, at least 23 people around the globe have died due to accidents involving the defective airbags. • The company will begin sending out letters to affected vehicle owners beginning in January 2019. • Fortune reported that vehicle owners can also contact their Toyota dealers which will replace the front passenger airbag inflator (or the airbag assembly) with one produced by a non-Takata supplier for free. • These vehicles were already recalled once before to replace the airbag
inflators with the current Takata ones. Not just the airbags: CNET reported that Toyota announced two other recalls on Thursday that were in addition to the Takata one. • According to a statement made by the company, the recalls involve certain 2018-2019 Model Year Tacomas, 20082019 Model Year Land Cruisers and 2008-2019 Model Year Lexus LX 570 vehicles in the United States. The first recall on the Land Cruiser and LX 570 involves 12 model years worth of vehicles • According to CNET, 89,700 vehicles are covered in the recall. • Toyota stated that the vehicles are being recalled due to a malfunction with the seatbelt tension sensor on the front passenger side that could cause the airbag warning light and the passenger airbag “OFF” indicator to illuminate. • In addition, the front passenger airbag, knee airbag and the passenger seatmounted side airbag may be deactivated. The second recall on the Tacoma (model years 2018-2019) covers 44,000 vehicles. • “Due to improper manufacturing processes by a part supplier, a seal in certain brake master cylinders may become damaged over time and leak brake fluid internally,” Toyot a announced. • This leak could increase the stopping distance of the midsize truck and result in an increased chance of crashing the vehicle.
Tesla Could Be Building Cars In China By 2019, According to Shanghai The city of Shanghai claims Tesla could begin production in China in the second half of 2019, which would be an incred ible achievement for the automaker. China is Tesla’s biggest market after the United States and assembling product within its borders would be a good way to avoid the nation’s aggressive tariffs on U.S autos, which currently stand at 40 percent. However, the trade war between the two countries has also stifled sales — and not just for Tesla. China’s car market hasn’t been particularly robust this year and appears to be headed for the first major slump after nearly two decades of reliable growth. While President Trump has teased that the People’s Republic may be about to lower its automotive trade barriers with America,
there’s no assurances coming from Asia. Regardless, setting up shop within China should be beneficial for Tesla’s bottom line and make it more competitive with Chinese EV brands like BYD and Nio. In October, Elon Musk said that Tesla was endeavoring to start production of the Model 3 in China sometime next year, though many felt the new facility wouldn’t be completed by then. The automaker’s Gigafactory 3 was only approved by the Shanghai regional government in July, leaving Tesla roughly one year to hit its proposed production start date. That’s ambitious, especially considering the 210 acre plot represents the largest foreign-invested manufacturing project in the region to date.
However, Bloomberg recently reported that the company has already started advertising job openings for the new facility; the city’s mayor, Ying Yong, says everything is progressing smoothly and encouraged Tesla to accelerat e construction. D e sp i t e C hi n a ’s w e ak - l o o ki ng automotive market, EVs fared much better than internal combustion cars this year, thanks largely to the government incent ivi zing t heir purchase. China wants to see 7 million electric vehicle sales per year by 2025. To do this, the country offers support to hundreds of burgeoning EV manufacturers to help flood the market with their wares.
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Rs. 41,800/= Rs. 43,800/= Sr./ Product & Model Name No. 1. Honda CD-70 2. Honda CD Dream 3. United US 70 4. United Extreme 70 5. Road Prince Bullet 6. Road Prince 70cc 7. Unique UD-70 8. Super Power SP-70 9. Super Power Deluxe 10. Super Star SS-70 11. Hi-Speed SR-70 12. Ravi Premium R1
Retail Price Rs. 69,500/= Rs. 73,500/= Rs. 43,500/= Rs 44,500/= Rs. 45,500/= Rs. 41,000/= Rs. 46,000/= Rs. 45,700/= Rs. 55,000/= Rs. 44,000/= Rs. 44,000/= Rs. 46,950/=
125/150/200cc Motorcycle No.
Brand & Model Name
Retail Price
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24.
Honda CG-125 STD Honda CG-125 DX Honda CD-125 Dream Honda CB-150F United US-125 Euro 2 Road Prince 125cc RP WEGO 150cc Super Power SP 125cc Super Power Archi 150cc Super Power SP 200cc Unique UD 125cc Unique UD 150cc Crazer Super Star SS-125 Super Star SS-125 DLX Hi-Speed SR-125cc Hi-Speed Infinity SR-150 Metro MR-125 Regular Ravi Piaggio Storm 125 Yamaha YBR-125Z Yamaha YBR-125G (2018) Yamaha YBR-125 Crown CR-125 Zxmco ZX-125-Euro II Zxmco ZX-200cc
Rs. 114,500/= Rs. 129,500/= Rs. 109,400/= Rs. 187,000/= Rs. 70,000/= Rs. 67,000/= Rs. 180,000/= Rs. 69,000/= Rs. 140,000/= Rs. 2,00,000/= Rs. 70,000/= Rs. 165,000/= Rs. 68,800/= Rs. 67,000/= Rs. 72,000/= Rs. 175,000/= Rs. 67,000/= Rs. 108,000/= Rs. 123,500/= Rs. 144,500/= Rs. 139,500/= Rs. 65,000/= Rs. 71,600/= Rs. 2,45,000/=
Sr./ No. 13. 14. 15. 16. 17. 18. 19. 20.
Product & Model Name Ravi Hamsafar-70 Bionic AS-70 Crown CR-70 Metro Premier+ 70cc Union Star Ms Jaguar MS 70
( DREAM)
Zxmco ZX-70 Regular Leader LD-70
Retail Price Rs. 43,500/= Rs. 45,500/= Rs. 42,000/= Rs. 45,600/= Rs. 44,000/= Rs. 43,800/= Rs. 42,300/= Rs. 44,000/=
100cc/110cc Motorcycle No. Brand &Model Name 1. Honda Pridor 2. United US-100 Euro 2 3. Road Prince 110cc 4. Unique UD-100 5. Super Power SP-100 6. Hi-Speed Classic SR-100 7. Hi-Speed Alpha SR 100 8. Super Star SS-100 9. Crown CR-100 10. MS JAGUAR MS 100 11. Zxmco ZX-100-SS 12. Leader Classic LD-100
Retail Price Rs. 95,500/= Rs. 50,000/= Rs. 48,500/= Rs. 80,000/= Rs. 60,000/= Rs. 47,500/= Rs. 82,000/= Rs. 57,000/= Rs. 52,000/= Rs. 48,800/= Rs. 51,600/= Rs. 52,900/=
Suzuki Motorcycle Sr./ Product & Retail Price No. Model Name 1. GS-150 SE Euro-II Rs. 175,000/= 2. GD 110S Self Start Rs. 150,000/= 3. GS-150 Rs. 155,000/= 4. NEW GR-150 Rs. 235,000/= 5. Sprinter Rs. 119,900/= Heavy Bikes Product & Sr./ Retail Price No. Model Name 1. Inazuma GW 250 Rs. 599,000/= 2. Intruder M800 Rs. 1,700,000/= 3. Hayasuba GSX1300R Rs. 2,600,000/= 4. Bandit GSF650SA Rs. 14,50,000/= 5. Honda ADA CB250F Rs. 6,40,000/= 6. Super Power Sultan-250 Rs. 2,90,000/=
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