Overview
China is the most popular country in production and exploring new technologies. Chinese brands and products are real players in the global market. China helps the overall global auto industry in production and other necessary automotive parts. Pakistani Auto Dealers exploring avenues to get help from China in vehicle production collaboration.
If automakers collaborate with China, it will help a lot to step up Pakistan’s automotive industry. The chances of modern technology with cheap prices are possible also. With the help of China Pakistan’s automotive industry, growth chances are high. there are chances of learning more about modern technology and easy options to adopt.
A Pakistani Auto Dealer from Gujrat Bilal Chaudhry expressed his excitement about attending the Automobile Show in Shanghai and Chery’s Annual Global Dealer Conference.
Chery Presented Modern Technology
Shanghai Automotive and Manufacturing Technology Exhibition is one of China’s most authoritative and influential auto shows. Automakers present their best at the show as this platform is created for future technology representation. Chery presented modern technology at Shanghai Automobile Show. They present the latest products, create live experiences and host user-salon co-creation sessions.
This concurs with its 2023 Global Dealer Conference, also it is the first face-to-face meeting of Chery with its global partners in three years.
The purpose of the conference is to push the strength of Chery’s internationalization strategy, listen to the needs of the global market, and negotiate with its partners regarding future development plans.
The 2022 was full of challenges and risks. Chery had faced several uncertainties such as chip shortage and logistic constraints. As per the report, the company has faced a YoY 1% decline in sales in the global automotive market.
Total of 450,000 units Chery sold in overseas markets. The overall Chery market is strong and growing in good performance terms. The company’s global market sales and strength are incredible.
Chery’s Performance in Pakistan
The performance of Chery’s collaboration in Pakistan doing in great and successful terms. Chery’s local partner in Pakistan Bilal successfully introduces two models of the brand in Pakistan, Chery Tiggo 4 and Chery Tiggo 8.
The ongoing Pakistan automotive situation is not hidden from us. It disturbs the overall business and the automotive industry suffer a huge loss. The restriction on imports has made it difficult to produce vehicles in the country. However, Chery Pakistan going in a great way since its start but the current movement is slow compared to the starting time of the brand introduction.
Pakistan’s Current Automotive Situation
The dwindling economic situation has made troubles for the overall production sector. But the automotive industry is most highlighted because it’s run on the collaboration of foreign automakers. Foreign automakers bring the modern concept of vehicles to Pakistan. but the ongoing situation has made a huge problem for automakers to continue on a growing graph.
The sale graph on a YoY basis continuously shows the declining ratios of sales and production. Automakers close production plants for several days due to non-productive days.
Pakistani auto dealers are bound with the restrictions of government. The smooth import is necessary for auto sectors. The growth of auto industry is only possible with government stability.
Automakers need the favor of the government to continue production work on good terms and it required easy ways to import automotive parts in the country. Until this does not happen there is no way of automotive growth.
Conclusion
Chery’s performance in Pakistan is appreciated. The start of the production was great. Meanwhile, the current situation is low due to economic factors including the devaluation of the rupee value against the dollar. Prices are going up after the decrease in rupee value. but we can hope for the best and success from the company in the coming future. Collaboration with China must go in favor of the automobile industry.
