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KIA Lucky Motors will be launching new models in Pakistan

2020-10-14 Editor:Super administratorSource:Original


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KIA Lucky Motors will be launching new car models in Pakistan in the next 12 months and it is expected that these new models will be introduced in the market by early 2021.

 

The company will introduce 2 to 4 new models before the end of the 2016-2021 Vehicle Policy to achieve tax benefits. The automaker re-entered the market following the development of the above-mentioned policy and could introduce 10% tax-free automatic equipment, which is used in non-local parts and 25% in parts made from time to time from 2016 to 2021. New car manufacturers may enter the latter exist and are subject to 32.5% customary levies on non-local sections and 50% on localized sections.

 

KIA has three models Picanto hatchback, Sportage SUV and Grand Carnival MPV in the Pakistani market. 

 

The company's Picanto and Sportage have received impressive feedback on monthly registrations of 1500-2000 units and the next launch will be in the Sedan category as the company has already introduced the hatchback and SUV. KIA Lucky plans to make great strides in the market with the lineup and this great look in the market offers existing car manufacturers to stay relevant for new competitions.


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