Friday, September 30, 2022
HomeBusinessPakistan assembled Volkswagen and Skoda Crossovers will be on roads by 2023

Pakistan assembled Volkswagen and Skoda Crossovers will be on roads by 2023

Pakistan assembled Volkswagen and Skoda crossovers and SUVs are likely to hit the road by the middle of 2023, according to a business group.

Premier Motors Limited (PML), a licence assembly partner of Volkswagen Group – announced in a statement.

Also read: Kia all will launch Small Stonic SUV in Pakistan.

For the first time in the country, locally produced Skoda and Volkswagen premium cars will be available. The plant, which has a capacity of 30,000 vehicles per year, is located in Hub, Balochistan. The plant’s development began in July 2021 and is currently in full swing, according to the PML.

Also read: HBL and Indus Motor Company have formed a strategic partnership.

Meanwhile, the business said that AKD Securities Limited has been engaged as its financial adviser for the completion of its CKD Assembly Plant Project in Pakistan.

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