2019- Year in Review

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The year 2019 is about to end. It will probably be remembered as the year of massive price hikes and declining sales. Due to the constantly increasing car prices & additional duties & taxes, the auto industry took a major blow with key players observing plant shutdowns for several days in a month.

Apart from car prices & dwindling sales, a lot of development took place as the Auto Policy 2016-21 continued to cast its affect on the industry & few new products were introduced in the market. We take a month-wise recap of what happened in year 2019 both from domestic as well as international perspective.

January

Year 2019 started with Pak Suzuki increasing the prices of its cars effective from 1st January.

Pak Suzuki Prices Increased from 1st January 2019

Master Motors inaugurated their first state of the art 5S showroom in Karachi- the facility started to house all Master products under a single umbrella.

Master Motor Inaugurates Its First 5S Facility in Karachi

The second price hike in year 2019 was registered by United Bravo with an increase of 45,000 that got effective from 22nd January 2019.

United Bravo Price Increased

Local automakers announced their plans to revise the production schedules from January 2019 foreseeing a major slowdown in sales.

Big 3 to Cut Production of Cars in 2019

The all new Toyota Supra was revealed at the Detroit Auto Show.

2019 GR Toyota Supra Revealed

 

5th generation Honda City became 10 years old in January 2019 and entered its 11th year of production in Pakistan.

5th Gen Honda City Becomes 10 Years Old in Pakistan

Government in its new financial amendments (mini budget) allowed non-filers of tax returns to purchase new cars up to 1300cc engine capacity. Non-filers were previously barred from purchasing new cars.

Non-Filers Allowed to Purchase Cars up to 1300cc

Pak Suzuki Swift completed its 9 years and entered the 10th year of production in Pakistan.

Pak Suzuki Swift Enters 10th Year of Production in Pakistan

February

South Korean automaker Kia made third consecutive iF Award hat-trick; winning 18 iF design awards since 2010.

Kia Wins 3 iF Awards in 2019 Marking Third Consecutive Hat-Trick

Kia-Lucky announced to start local production in Pakistan.

Kia-Lucky Will Start Local Production by September 2019

Ghandhara revealed its plans to assemble 3 Datsun cars by mid 2020.

Ghandhara to Produce 3 Datsun Models by Mid 2020

Toyota unveiled the all new 6th generation HiAce

All New 2019 Toyota HiAce Debuts

Hyundai reinforced its reputation for innovative design by winning the iF Design Award for the 5th consecutive year.

Hyundai Motor Wins iF Design Award for Fifth Consecutive Year

Prince Pearl made it to the internet and living up to its tradition, CarSpiritPK brought the genuine information about the whereabouts of this car.

All You Need to Know About Prince Pearl 800cc

Hyundai-Nishat inaugurated Paistan’s first digital showroom in Lahore and launched two cars, the Santa Fe SUV and Grand Starex van.

Hyundai Launches Digital Showroom and 2 New Vehicles in Pakistan

March

Honda, at the Geneva motor show, announced that every new car sold in Europe will be electrified by 2025.

Honda to Fully Electrify in Europe by 2025

Government announced second mini budget by allowing non-filers to buy new cars as well as imposed 10% FED on 1700cc & above cars.

2nd Mini Budget- 1800cc Car Prices to Increase

Honda unveiled the retro-styled mini EV at Geneva.

Retro Styled Honda E Prototype Unveiled at Geneva

Following the imposition of FED, Indus Motor Company and Honda Atlas revised the prices of their 1700cc & above cars.

Honda & Toyota Prices Revised

Geely launched its first MPV called JiaJi (VF11) in China. The vehicle will form the basis of next generation Proton Exora.

Geely Launches its First MPV- JiaJi in China

Rahmat Group signed an agreement with BYD– China’s largest electric vehicle maker for assembly and manufacturing of electric vehicles (EVs) in Pakistan.

BYD to Introduce Electric Vehicles in Pakistan

The Civil Aviation Authority (CAA) banned Careem and Uber, from operating within the premises of Jinnah International Airport in Karachi.

Uber, Careem Banned from Entry at Karachi Airport

Groundbreaking ceremony of Proton’s plant in Karachi took place in presence of Prime Minister of Malaysia Dr Mahatir Mohammad and his Pakistani counterpart Imran Khran.

Proton Assembly Plant Project in Pakistan Officially Begins

Last unit of Suzuki Mehran rolled off the assembly lines in March 2019. News which many believed would not happen in their lifetime.

Pak Suzuki Mehran Just Took its Last Breath Today

Uber acquired its competitor Careem for $3.1 billion, making the largest-ever technology purchase in the region.

Uber Buys Careem for $3.1 Billion

Pak Suzuki revised prices of its vehicles for the second time in year 2019, citing falling Rupee value against the US Dollar.

Pak Suzuki Prices Revised for the 2nd Time in 2019

After Pak Suzuki, Honda Atlas announced to revise the prices of their vehicles amid Rupee depreciation against the US Dollar.

Honda Car Prices Revised

continued on next page…

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Arsalan Shah
11 months ago

Brilliant as always.. the best way to present the yearly recap 👍👍

Jawed Siddiqui
11 months ago

What happened to Kia Peugeot deal?