The FAW Motors (Chinese state-owned automotive manufacturing company) has pronounced the launch of the locally-assembled passenger car FAW V2 in the country. FAW is the best ever on the rise Chinese automotive company formed in collaboration with Al-Haj in 2007.
An event was hosted by Bilal Afridi, Company’s Managing Director, which was attended by all of the dealers and vendors nationwide.
FAW V2 is the first 1300CC Chinese passenger car which is going to be assembled in Pakistan.
He additionally talked about that the preliminary investment of 2.5 billion rupees have been by now made to set up the company and a in addition of investment of 1.3 billion rupees for an enhanced local assembly set up and ED Paint technology in the cars.
He also spoke about the promise of the company to further improvement in technology, premium 3S customer service, and dealership network, in all major cities of Pakistan in addition to 3 years/60,000km warranty.The car has dual airbags. It is obtainable in 5 colors and improved quality. The fuel average of the vehicle is 14-15 km Per Litre.
The car has been experienced on various terrains and it has the ability of ascending Mountains as well. The price of the car is Rs 107, 000.
The FAW claims that their local assembly will assist them give out its customers improved and give them quality guarantee of the vehicles. The company aims to amplify their production to 15,000 units per year by the year 2020 and introduce new models in Pakistan.
A locally assembled V2 would surely mean lower prices in evaluation to the CBU, with a lower displacement engine it would also relax the consumers in taxation and registration costs.
