One of the biggest news of October 2021 is the imminent launch of Kia Stonic. The new crossover hatch by Kia was rumoured to be available for Pakistani consumers by the end of this year, and after it was spotted at Karachi port, it was only a matter of time before it was made official. Kia Lucky has already launched the teaser campaign of the upcoming car. You can expect to see and book the new Kia Stonic in the next few weeks.
The other big news was the launch of the Peugeot brand by Lucky Group. Keep in mind the French automaker has been in rumours for years now. And it appears it has finally come to fruition. Peugeot made its website available to the public at the start of October 2021. Although the ‘local models’ section of the website still says ‘Coming Soon’, the Peugeot Lucky Motor has hinted at bringing three Peugeot models; the 2008, the 3008, and the 5008 to Pakistan. Peugeot 2008 is a small crossover powered by a 1.2-liter turbocharged 3-cylinder petrol engine and will be competing with the likes of Honda BR-V and Kia Sportage. 3008 and 5008 are bigger models. Peugeot 2008 has already been spotted numerous times on our roads.
Al-Haj unveiled the Pakistan assembled Proton Saga in October. The company had promised local production of the car by the end of 2021, and they have fulfilled their promise. Top of the line automatic Proton Saga Ace is priced a little under Rs2.2 million. The company has similar plans for its Proton X70 SUV.
Talking about new cars, the 2021-26 Auto Policy is also about to be presented by the Ministry of Industries and Production to the federal government. It is going to be the first draft and is subject to changes. Overall the new policy is heavily focused on electric vehicles related issues.
Toyota Indus Motors had a really good month last month. The company announced on its twitter that it sold 7001 units of vehicles in October 2021; claiming it to be the ‘highest since its inception in 1993’. Overall Toyota Pakistan has been hitting it out of the park with record sales for the last few months.
Fuel prices being one of the hot topics lately, last month the chairman OGRA Masroor Khan in his briefing to the Senate committee said that Pakistan can expect a bump in fuel prices till March of 2022. The chairman further said that importing the diesel ends up costing around Rs109 a litre at port, and other expenses and taxes add Rs25 on top of that.
But right at the last moment, Prime Minister Imran Khan interjected and blocked the supposed fuel price hike. The statement issued by the PM Office said the block was in a bid to provide relief to end users.
OGRA had suggested an increase of Rs11.53 per litre for petrol and Rs8.49 per litre for the price of diesel from November onwards. The government had already increased the prices on 16th October.
So for at least the first 15 days of November the prices will remain the same as they were from 16th October to 31st October 2021. The current prices of fuel in Pakistan are as follows.
Considering all the announcements and rumours of all the new cars and models, I think it will not be wrong to say that October was a pretty exciting month for the automotive industry of Pakistan. Stay tuned for more automotive news.