Sazgar Engineering Works Limited (SEWL), the assemblers of BAIC and Haval vehicles in Pakistan has suspended assembly operations due to a shortage of inventory. According to the company notice sent to the Pakistan Stock Exchange (PSX), SEWL informed that its plant would remain shut between February 27, 2023, and March 4, 2023.
The company blames stringent measures by the government to minimize the import of CKDs & raw materials that has disrupted the supply chain. However, SEWL has clarified that its 3-wheeler plant & parts manufacturing plant will remain operational.
So far, SEWL only assembles the BAIC BJ40 Plus and three variants of Haval H6 in Pakistan. The company recently jacked up the prices of its vehicles in wake of an added 18% GST by the government, after which the price of BAICÂ BJ40 Plus is now PKR 10,585,000 (Rs 1 crore 5.85 lac) while the Haval H6 is priced between PKR 8,525,000 (Rs 85.25 lac) and PKR 11,095,000 (Rs 1 crore 10.95 lac).
A computer animation professional with over 23 years of industry experience having served in leading organizations, TV channels & production facilities in Pakistan. An avid car enthusiast and petrolhead with an affection to deliver quality content to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com
wpDiscuz 