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[๐Ÿ‡ต๐Ÿ‡ฐ] Automobile industries in Pakistan

G Pakistan Economic
[๐Ÿ‡ต๐Ÿ‡ฐ] Automobile industries in Pakistan
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1982 Karachi ...

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Morris Minor
https://en.wikipedia.org/wiki/Morris_Minor
Minor 1000
Morris Minor 1000
1960 Morris Minor 1000 2-door sedan
1960 Morris Minor 1000 2-door saloon
Overview
Production 1956โ€“71; 847,491 produced
Assembly
Oxford, England
Birmingham, England
Victoria Park, Australia[15]
Dublin, Ireland
Body and chassis
Body style
2-door saloon
4-door saloon
2-door convertible
2-door estate
Powertrain
Engine
948 cc A-series I4
1,098 cc A-series I4
Series III

In 1956, the Minor received a major programme of updates intended to keep the car competitive into the 1960s. Where previously the Minor had been offered with a broad range of colours and trim options, the 'Minor 1000' (so named for its 948cc engine) shifted emphasis towards rationalisation of components to access improved economies of scale, and thus enabled increased production volumes to help the Minor retain a significant share of the small car market during a period where car ownership was becoming more commonplace.

The dawn of the motorway era necessitated the fitting of a new 948cc (57.9 cu in) variant of the BMC A-Series engine, elevating top speed from 63 mph to 75 mph, and reducing 0-60 mph acceleration from 52.5 secs to 31.3 secs.[22] Driving was further improved by a substantially revised gearbox, which incorporated taller ratios for more relaxed cruising speeds and a remote selector allowing a shorter gear lever and less ponderous gearchange action. This new engine and gearbox was the product of a broader engine policy at BMC, and had been developed for use in a range of their smaller vehicles, including the Austin A35, A40 Farina, and Austin-Healey Sprite/MG Midget, to maximise parts sharing and thus reduce production costs, servicing costs and consumer costs across the model range.

A series of changes to the body pressings for the roof/scuttle and bonnet panels yielded a large wraparound rear windscreen and one-piece curved front windscreen, which markedly improved visibility and lent a modernised appearance to the car at relatively small outlay.

Many of the 'luxury' items, such as leather trim, were replaced with more durable and cheaper materials, and over the course of the following years the range of available paint and interior colours was dramatically reduced. Various unique Minor trim items and components (such as light units and heaters) were also gradually replaced with ubiquitous items from the BMC range. This programme of changes succeeded in giving access to improved economies of scale to allow production to be ramped up. By the turn of the 1960s, over 100,000 Minors were being produced per year, compared to fewer than 50,000 per year a decade earlier.[23]

In 1961 the semaphore-style trafficators were replaced by flashing direction indicators. These were US-style red at the rear (using the same bulb filament as the brake lamp) and white at the front (using a second brighter filament in the parking lamp bulb) which was legal in the UK and many export markets at the time (such as New Zealand).

An upmarket car based on the Minor floorpan using the larger BMC B-Series engine was sold as the Riley One-Point-Five/Wolseley 1500 beginning in 1957: versions of this Wolseley/Riley variant were also produced by BMC Australia as the Morris Major and the Austin Lancer.
 
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1950's

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M-2


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I remember 7 years ago when I left Australia their entire auto industry got shut down. GM pulled out from making the Holden series and the Japs shut down their Toyota and Mitsubishi production. As a consequence, about 1/2 a million overall jobs got impacted and it was the end of the auto industry down under. These big MNC's determined that it ain't profitable manufacturing cars in Australia. Australia is far behind Iran or Turkey in technology/ manufacturing. They don't got nothing except coal and iron ore for export. All big business is run by a handful of multi-billionaires, total monopoly/ conflict of interest situation. Everything in Australia is very expensive, practically everything of value is imported and you pay a lot in taxes/ medicare/ rents/ housing/ insurance/ services. It's the same as that other total chutiya outfit Canada. Ain't worth living in these countries folks. Thank god I left that stupid place.
 
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[H1]BYD partners with MCPL for EV manufacturing in Pakistan[/H1]
By Tahir Ali | Gwadar Pro
Apr 5, 2024​

ISLAMABAD - BYD, a prominent player in the electric vehicle (EV) manufacturing world, has formed a joint venture (JV) with Mega Conglomerate Private Limited (MCPL) to establish showrooms in the initial phase, followed by the commencement of electric vehicles (EV) manufacturing operations in Pakistan.

The Board of Investment (BOI) Pakistan announced the development on Thursday, terming it "exciting news". As per BOI, the JV between BYD with MCPL, the principal shareholder of HUBCO, has been signed during the BYD Asia Pacific Dealer Conference event in Xi'an, China.
 
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[H3]Dewan Farooque Motors (DFML) starts EV production after EDBโ€™s approval[/H3]
BR Web Desk
September 10, 2024

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Dewan Farooque Motors Limited (DFML) said on Tuesday that it has commenced production of electric vehicle (EVs) at its assembly plant after receiving approval from the Engineering Development Board (EDB).

The listed company shared the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday.

โ€œIn continuation of our earlier letter dated July 23, 2024 regarding the physical verification of manufacturing facilities of Eco-Green Motors Limited (EGML) at the companyโ€™s assembly plant by the Engineering Development Boardโ€™s (EDB), the approval of which has been received and accordingly the production of electric vehicles has now been started at our assembly plant under the toll manufacturing agreement with our associated company EGML,โ€ read the notice.

Following the development, DFMLโ€™s share price jumped to Rs52.3, a gain of Re0.91 or 1.8% at the time of this report.

Incorporated in Pakistan on December 28, 1998 as a public limited company, DFML is engaged in assembling, progressive manufacturing and sale of vehicles in Pakistan.

Back in June, DFML said it entered into a toll manufacturing agreement with ECO-Green Motors Limited (EGML) for manufacturing EGMLโ€™s Honri-VE.

The production of the vehicle was expected to commence in August, DFML shared in its notice back then.

โ€œBy the grace of Almighty Allah, we hereby announce that DFML has entered into a toll manufacturing agreement with ECO-Green Motors Limited (EGML) for manufacturing of EGMLโ€™s Honri-VE (200km and 300km range), thereby becoming the leading manufacturer of electric vehicles in Pakistan,โ€ read the notice.

Under the toll manufacturing agreement between two companies, one company owns a design or idea for a product and supplies materials to the other to manufacture the product or parts of it.

In 2022, DFML said it entered into a Technology License Agreement (TLA) with Koreaโ€™s KIA Corporation to produce and assemble its vehicles in Pakistan.
 
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[H3]Auto sales increase 15% YoY in August amid mixed segment performance[/H3]
Bilal Hussain
September 10, 2024

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Auto sales in Pakistan increased 15% year-on-year (YoY) in August 2024, as the total number of units sold in the said month stood 8,699, compared to 7,579 units in the same month of the previous year.

On month-on-month (MoM) basis, auto sales (cars, LCVs, vans, jeeps) rose 1% in August against 8,589 units sold in July 2024, according to the latest data released by the Pakistan Automotive Manufacturers Association on Tuesday.

โ€œThe YoY jump in overall auto sales can be attributed to a low base effect, as the industry faced significant challenges in the previous year,โ€ Muhammad Abrar Polani, research analyst at AHL Research, said.

โ€œThese challenges included restrictions on opening LCs [letters of credit] and subdued auto demand, leading to widespread plant shutdowns,โ€ Polani added.

The 1,300cc and above category recorded a strong MoM growth of 35%, with sales reaching 3,330 units in August.

The 1,000cc segment also performed well, showing a 37% MoM increase with 321 units sold.

However, the below-1,000cc category experienced a 12% decline, with sales dropping to 2,766 units, indicating consumer preference shifting towards higher-capacity vehicles.

Industry experts suggest future growth in the automotive sector will depend on a combination of policy support and macroeconomic stability.

โ€œPotential monetary easing, along with stable car prices bolstered by a strong currency, could enhance auto financing and drive growth in the automotive sector,โ€ said Osama Naeem, auto sector analyst at AKD Research.

However, seasoned analyst Mashood Khan emphasised that a significant recovery would not be possible without interest rates dropping to single digits.

โ€œThe auto sector cannot be fully revived unless interest rates drop to single digits, which is challenging under the current economic conditions,โ€ he said.

In July, the central bankโ€™s Monetary Policy Committee (MPC) reduced the key policy rate by 100bps, taking it to 19.5%.

The next MPC meeting is due on September 12 as analysts expect the State Bank to continue with its easing stance as slower inflation and improved macroeconomic indicators boost sentiment of a third-successive reduction.

Khan also pointed to a shift in consumer preference toward two-wheelers as a sign of the industryโ€™s struggle.

โ€œThe government needs to support the four-wheeler segment with positive policies. Even if the policy rate drops to 17%, down by two percentage points from 19%, it wonโ€™t be enough to boost four-wheeler sales,โ€ he said.

In the two-wheeler segment, sales rose 23% MoM, with Atlas Honda (ATLH) leading the charge, selling 90,483 unitsโ€”a 29% increase from July.

Among the automakers, Indus Motors Company Ltd (INDU) stood out with a 28% MoM increase in its sales, totaling 2,129 units in August.

This growth was fueled by a 42% MoM increase in sales of its popular models like the Corolla, Yaris, and Corolla Cross. Sales of the Fortuner and Hilux models also rose by 1%.
 
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Sazgar Engineering Works Limited (SAZEW), a Pakistani auto manufacturer, on Monday announced its plans to launch New Energy Vehicles (NEVs) in the country.


The listed company also plans to roll out the CKD [Completely Knocked Down] models of NEVs before the end of December 31, 2025, it informed in a notice to the Pakistan Stock Exchange (PSX).

โ€œThe Board of Directors (BoD) of the company has approved an expansion plan of the company which includes the expansion of existing paint shop, construction of new warehousing facilities, installation of solar system of 4-megawatt and construction, erection, installation of new manufacturing facilities for the local assembly of NEVs subject to the approval of relevant government regulatory authorities,โ€ read the notice.
 
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