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HAVAL to start commercial production in Pakistan by October

admin-augaf by admin-augaf
July 1, 2022
in Business, Finance, International, National, News
Reading Time: 1 min read
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HAVAL to start commercial production in Pakistan by October
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Lahore July 1 2022: Sazgar Engineering Works Limited has successfully completed manufacturing facilities as on June 30, 2022 for the manufacturing / assembly of GWM “HAVAL” vehicles.

The trial operation will be commenced with effect from July 15, 2022, whereas commercial production is expected from October 01, 2022.

In China, HAVAL has more than 1000 4S stores, more than 200 urban exhibition halls, more than 1,500 franchise stores and more than 2,000 outlets. The coverage rate of HAVAL brand in prefecture-level administrative regions is 100%, and that in county-level sales market is as high as 80%.

Globally, HAVAL has established wholly-owned subsidiaries in Russia, Australia, South Africa, India and the United States, and formed sales network in more than 60 countries and regions. With more than 500 distributors, HAVAL ranks the first among Chinese brands in auto export volume in more than 30 countries.

Sazgar Engineering Works Limited was incorporated in Pakistan on September 21, 1991 as a Private Limited Company and converted into a Public Limited Company on November 21,1994. The Company is engaged in the manufacture and sale of automobiles, automotive parts and household electric appliances.

Source: Pakistan Stock Exchange
Tags: Auto AssemblerFDIHavalPakistan AutomobileSAZGAR
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