• Wednesday, November 21, 2018

China’s Jinbei to build vehicle production plant in Pakistan

Discussion in 'Pakistan Economy' started by FalconsForPeace, Jun 8, 2018.

  1. FalconsForPeace

    FalconsForPeace SENIOR MEMBER

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    In collaboration with a Chinese commercial vehicle brand, Jinbei Pakistan has announced plans to import vans and minivans initially and start production in next two to three years, including passenger cars and mini-trucks.


    Jinbei is a commercial vehicle brand of China owned by Brilliance Auto Group, the exclusive joint-venture partner and manufacturer of BMW in China.

    “We are starting with completely built units (CBUs) and simultaneously have started documentation process for our production facility in Karachi. Hopefully, in the next two to three years, we will start working on completely knocked down (CKD) units,” said Jinbei Pakistan Managing Director Usman Shami while speaking to The Express Tribune.



    He said Jinbei Pakistan would be selling around 300 to 500 vehicles in the first year. “It is feasible to import these vehicles for the time being.”

    The company will initially import 11-seater X30, which has a tentative price of Rs1.66 million. The vehicle is similar to Suzuki’s APV.

    A slightly larger model of this, X30L, will cost Rs1.71 million. The price tag for vehicles with 14 to 16-seat capacity becomes steeper as the cost of H-1 and H-2 Hiace will be Rs2.58 million and Rs3.55 million respectively.

    The year Pakistan’s auto sector got a facelift

    Talking about Pakistan’s auto industry, Shami said nearly a dozen new automakers were entering the market as a result of the Auto Industry Development Policy 2016-21.

    The new policy offers incentives to fresh entrants and also promotes a positive outlook of Pakistan’s economy as activities related to the China-Pakistan Economic Corridor (CPEC) gain momentum.

    “Countries with much lesser population than Pakistan have a greater motorisation rate. Our industry has lagged behind for an extended period and the present growth is nothing to cheer about as it was bound to happen,” Shami remarked.

    Pakistan has a very low motorisation rate of 17 per 1,000 people despite an increase in buying power. The country’s auto industry has yet to achieve quarter of a million annual production mark.

    On the other hand, Malaysia has a motorisation rate of 425 and Thailand 225. Even the Philippines has a better motorisation rate of 37.

    If critics say countries having low population have always had a better motorisation rate, then India, the second most populous country, has also a better motorisation rate than Pakistan at 22. China, the most populous country, has a motorisation rate of 154.

    “Pakistan’s auto industry is now manufacturing vehicles, which it was producing 10 years ago. The industry took a huge dip and after that sales dropped around 50%,” Shami commented.

    But now, he said, things had started changing in Pakistan’s industry, which was pending for a long time. He said there was a huge gap in demand and supply and things were bound to get better for the industry.
    https://tribune.com.pk/story/1730272/1-chinas-jinbei-build-vehicle-production-plant-pakistan/
     
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  2. Adam WANG SHANGHAI MEGA

    Adam WANG SHANGHAI MEGA SENIOR MEMBER

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  3. MikeAlphaEchoAlpha

    MikeAlphaEchoAlpha FULL MEMBER

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    it's shit
     
  4. !eon

    !eon SENIOR MEMBER

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    like flood of Chinese 70cc bikes (main culprits of daily accidents on Pakistani roads), another wave of Chinese product is about to hit.
     
  5. SOUTHie

    SOUTHie SENIOR MEMBER

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    How can a 70 CC bike be a major contributor of accidents? When they may have top speed like 60KM/hr. Probably rash and negligent riding.
     
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  6. Adam WANG SHANGHAI MEGA

    Adam WANG SHANGHAI MEGA SENIOR MEMBER

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    And shit you can not build!

    And shit you can not afford to buy one!
     
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  7. Imran Khan

    Imran Khan PDF VETERAN

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    its good news indeed
     
  8. Adam WANG SHANGHAI MEGA

    Adam WANG SHANGHAI MEGA SENIOR MEMBER

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  9. !eon

    !eon SENIOR MEMBER

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    They can go more than 60km/h, upto 90km/h, and they are so cheap, kids are riding, in fact flying, killing themselves and others like insects on roads.
    With driving licences on sale and corrupt police system, it's like a hell of Chinese bikes on roads and streets.
     
  10. SOUTHie

    SOUTHie SENIOR MEMBER

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    Meh! Not so different here, kids getting themselves killed. Otoh some states have better control over it. Can't comment on your case.
     
  11. DESERT FIGHTER

    DESERT FIGHTER ELITE MEMBER

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    If ppl can afford to dish out 8000$ on shitty 1980s suzukis n closer to 30k $ on sedans... They surely can buy these..

    But these wont sell.... they previous chinese vehicles introduced in Pak failed... despite cheaper prices due to these reasons:

    Unreliable
    Spare part issues
    No resale

    ....

    Heck even you Chinese dont buy Chinese vehicles.


    Only Chinese vehicles that have seen some success in Pak is FAW Trucks... produced in Pak by ALHAJ Group.

    Good luck competing with Japan and now :Korea n French now... (VW,Renault,Honda,Toyota,Hyundai,Suzukui).
     
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  12. Chakar The Great

    Chakar The Great FULL MEMBER

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    Excellent news, lot of potential in Pakistan in automobile sector, way behind its neighbours.
     
  13. Karna_007

    Karna_007 BANNED

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    Insead of 'Land rover' UK(owned by TATA), Land wind ! Duplicate copy of land rover....crazy

    He is telling, though quality of chinese car much improved, still higher end version is equivalent to basic version of foreign brands and people still not trust chinese cars !
     
  14. N.Siddiqui

    N.Siddiqui SENIOR MEMBER

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    Quality and Indian are two separate things...they don't get together, though the cosmetics are good, what lies beneath the bonnet, beneath that cosmetics are crap and worst quality in safety, no wonder more Indians die in road accidents than any other country, about 1.6 lacs per year...


    5 top Indian cars fail global NCAP safety test


    The most notable four-wheeler names such as Hyundai Eon, Maruti Suzuki Eeco, Maruti Celerio, Mahindra Scorpio and three models of Renault Kwid failed in crash tests carried by Global New Car Assessment Programme (NCAP).

    These seven cars scored zero stars for adults on safety parameters when these were crashed at 64 kmph speed.

    "The Renault Kwid, Maruti Suzuki Celerio, Maruti Suzuki Eeco, Mahindra Scorpio and Hyundai Eon all showed low levels of adult occupant protection," said a statement from a UK-based safety watchdog.

    https://www.firstpost.com/business/...26rm-V3-w44V0Y5PLodAdYjVpXZYbqb8aAn7VEALw_wcB
     
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  15. LoveIcon

    LoveIcon ELITE MEMBER

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    Like Mehran was providing top notch quality and road safety
     
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