AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)
Business & Finance

Booking of Haval SUVs stops in Pakistan

  • Global chip shortage derails company’s plans to sell CBUs in the country.
Published May 26, 2021

Following much hype ahead of its debut, Haval has been forced to cut short its bookings in the country as a global shortage of chips derailed the company’s sales plans in Pakistan.

In an official release, the company said that the bookings have been halted due to a shortage of chips required for contemporary automobiles.

It added that the launch of both SUVs – Haval Jolion and H6 – received an “encouraging response”, and the limited numbers of vehicles that the company had imported been sold out.

Since manufacturing at Haval’s manufacturing plant in China is facing a delay, the company has decided not to take any more bookings as they attempt to fulfill the backlog of orders first.

The global shortage of semiconductor chips has affected the entire automobile industry and has forced many others to halt manufacturing as well.

Haval stated that it will resume bookings for the SUVs soon without providing a timeline. The statement has also advised customers against giving kind of 'payment instrument' to unauthorized dealers.

The company shared a list of authorized 3S Haval dealerships, which is available on the company’s social media pages.

Sazgar Engineering Works Limited enabled the entry of Haval to Pakistan a few months ago. As per the official statement, the rickshaw maker holds the right to manufacture, market, and sell Haval products in the Pakistani market. However, until local production of Haval's SUVs can commence in Pakistan, the company will only sell CBUs.

Comments

Comments are closed.