Which new Kia Lucky Motors car will-be assembled now in Pakistan?
Since the Pakistani companies Kia Company (Lucky Motors) & Dewan Farooq Motors are considered to be rival companies.
The question arises whether the Korean company will give the same type of car vehicles to the rivals after the new agreement.
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Dewan Farooq Motors a car and other vehicle dealer in Pakistan. Has announced that Kia company has entered into an agreement with South Korean Kia Corporation for the production & assembly of vehicles.
The Dewan Farooq Motors vehicle is known as a manufacturer & distributor of imported vehicles in Pakistan.
Dewan Farooq Motors made the announcement in a filing to the Pakistan Stock Exchange which also said the company had entered into a technology license agreement with Kia Corporation.
According to the statement of Dewan Farooq Motors will start assembling the vehicles (car) of Kia Corporation in Pakistan. But the vehicles manufactured by Company Kia Corporation under this agreement will-be different from the vehicles that it has under contract with the Korean company Kia Lucky Motors. Selling in Pakistan.
The cars sold under contract with Kia Lucky Motors include Kia Sportage Picanto & Sorento among other sedans.
Which car vehicles of Kia company will Dewan Motors Limited assemble?
Since the Pakistani companies Dewan Farooq Motors and Kia Lucky Motors are considered to be rival companies. The question arises whether the Korean company will-give the same type of vehicles car to the rivals after the new agreement.
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To know this. NEWS Agancy contacted Dewan Farooq Motors spokesperson Muhammad Mr. Hanif Jarman.
Speaking to News Agancy Muhammad Hanif Jarman confirmed the agreement of Dewan Farooq Motors with the Korean company Kia & also said that under this agreement. Dewan Motors will order heavy vehicle parts from Kia Company Corporation. What these vehicles will-be it is difficult to tell now" but after some time we will tell not only our shareholders but also the public. It will take time.
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When he was asked how much these vehicles will cost. He said that he could not tell at this time.
Dewan Motors is locally assembling a cargo truck named Shahzoor with a Vietnamese company Dewan Motors.
Report Source : Zain Ashraf
By :Dewan Motors
According to Kia Company Corporation records. Kia currently manufactures only 2 heavy vehicles globally. The Bongo pickup truck and the Green bird bus. Hence due to the experience of Shahzoor Truck. Car market observers are thinking that Dewan Motors will start assembling the Bongo pickup truck only.
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