To entice buyers of small family cars, Master Changan Motors Limited (MCML) has announced a discount offer for Alsvin.
The agreement offers a savings of Rs. 200,000 through a registration rebate. It also offers expedited shipping, a client price lock, and an insurance policy.
The Oshan X7 or the Karavan minivan are not included in the offer; it only applies to the Alsvin. The company hasn’t specifically stated when the offer will expire, but it most likely has a limited shelf life.
MCML has reportedly seen a slight decline in sales as a result of the current national economic crisis, despite streamlining the manufacturing of all its cars.
A report from autojournal.pk claims that MCML sold 15,100 units in 2022, a 1% YOY sales loss—a small decrease but still a decrease.
Kia Lucky Motor Corporation (KLMC) sold just over 15,500 units last year, experiencing a 31% YOY loss in sales, as opposed to Hyundai Nishat Motors Private Limited (HNMPL), which sold 12,686 units in 2022 and saw a 42% YOY increase in sales. Even so, its annual sales remained lower than those of KLMC and MCML.
According to analysts, the auto industry will likely face more challenges in H1 2023 as it tries to rebuild its foreign exchange reserves and concentrates on importing necessities.