{"id":67144,"date":"2019-06-24T10:13:09","date_gmt":"2019-06-24T10:13:09","guid":{"rendered":"https:\/\/www.autodeals.pk\/?p=67144"},"modified":"2019-06-24T10:13:09","modified_gmt":"2019-06-24T10:13:09","slug":"lucky-motors-start-assembling-peugeot-cars-in-pakistan","status":"publish","type":"post","link":"https:\/\/autodeals.pk\/blog\/lucky-motors-start-assembling-peugeot-cars-in-pakistan\/","title":{"rendered":"Lucky Motors Start Assembling PEUGEOT Cars in Pakistan"},"content":{"rendered":"<p>In Pakistan, people don\u2019t have an abundance of car companies. There are only three major companies that are assembling cars in Pakistan and these are Toyota, Honda, and Suzuki. Unlike other countries have multiple options for consumers to buy a car. Pakistan is still trying to grow its investment in the automotive industry to facilitate the consumers of Pakistan. For this cause, <strong><b>Lucky Motors Ltd<\/b><\/strong>\u00a0and <strong><b>France\u2019s Groupe PSA<\/b><\/strong>\u00a0signed an Expression of interest (EOI) and a Memorandum of understating <strong><b>(MOU).<\/b><\/strong><\/p>\n<p>Under these agreements, LML will produce, promote, disseminate and sell PSA Groupe cars and other commercial vehicles in Pakistan. Lucky Motors decided to manufacture the vehicles at their plant Bin Qasim Industrial park.<\/p>\n<p>The <strong><b>CEO of LML<\/b><\/strong>, <strong><b>Asif Rizvi<\/b><\/strong>\u00a0while addressing the media told that this Partnership will bring a drastic change in the automotive industry. He also said that other necessary parts of the agreement will be signing in the coming one to two months.<\/p>\n<p>The CEO expresses the ideas as<\/p>\n<p>\u201cInitially, we have decided to assemble Peugeot cars which will be the first European car to arrive in the CKD category in the country. The new project involves an investment of about $15 million in jigs and fixtures and facility since the LML plant will be used for assembly of the European cars\u201d.<\/p>\n<p>This project involves millions of dollars in investment. The introduction of European cars gives consumers a wide range of options for buying automobiles in the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Pakistan, people don\u2019t have an abundance of car companies. There are only three major companies that are assembling cars in Pakistan and these are Toyota, Honda, and Suzuki. Unlike other countries have multiple options for consumers to buy a car. Pakistan is still trying to grow its investment in the automotive industry to facilitate [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"jnews_post_split":[],"footnotes":""},"categories":[32,28,30],"tags":[731,732],"class_list":["post-67144","post","type-post","status-publish","format-standard","hentry","category-future-cars-concepts","category-news","category-pakistan-automotive-industry","tag-lucky-motors-start-assembling-peugeot-cars","tag-peugeot-cars-coming-in-pakistan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.1 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lucky Motors Start Assembling PEUGEOT Cars in Pakistan - Automotive News | Auto Deals Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/autodeals.pk\/blog\/lucky-motors-start-assembling-peugeot-cars-in-pakistan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lucky Motors Start Assembling PEUGEOT Cars in Pakistan\" \/>\n<meta property=\"og:description\" content=\"In Pakistan, people don\u2019t have an abundance of car companies. 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