Master Motors has been granted Greenfield status by the Ministry of Industries and Production (MIP) to set up automobile assembly plant in the country. So far eight companies have been awarded Greenfield status under the new Auto Policy 2016-21.
Master Motors have signed an exclusive agreement with Chongqing Changan Automobile Limited, which is a state-owned Chinese automaker considered among the Big4 automakers in China with an annual production of more than 3 million units a year. Changan operates joint ventures with world renowned automakers including Ford (Changan Ford), Groupe PSA (Changan PSA), Mazda (Changan Mazda) and Suzuki (Changan Suzuki).
Changan is considered as the second most popular domestic brand in China with a stunning range of vehicles including hatchbacks, sedans, SUVs, MPVs and commercial vans and pickups, which are successful within China as well as international markets.
The company earlier showcased three vehicles at the ITIF 2018 held in Karachi and plans to introduce a 1-ton pickup, a minivan and the CX70 7-seat SUV in Pakistan.
Now Changan Pakistan’s website changan.com.pk is up as the company seeks nationwide dealerships for distribution of its vehicles. According to global Changan website, Pakistan is one of Changan’s three strategic overseas markets and will receive more diversed products soon.