KARACHI: KIA Lucky Motors Pakistan Limited (KLM), a subsidiary of Lucky Cement, has announced booking of ‘Sportage’ starting from June 30, 2019.
In a letter to the Pakistan Stock Exchange (PSX) on Friday, KLM announced successful completion of commissioning of the equipment and pilot production.
Recently it has commenced CKD (completely knocked down) operation at its plant located at Bin Qasim Industrial Park within the originally envisaged project timelines.
The total project cost of the company amounts to Rs19.5 billion.
KLM has the capacity to produce 50,000 vehicles per annum on a double shift basis.
The booking of Sportage, an SUV, KLM’s first model, would start from June 30, 2019 and delivery would begin from the first week of August 2019.
Kia has announced a price of Rs4.59 million for front-wheel drive and Rs4.99 million for all-wheel drive versions.
The booking of Picanto hatchback being KLM’s second model is expected to start in August 2019 and delivery from October 2019.
KARACHI: The sale of high speed diesel and petrol was recorded at 363,667 metric tonnes and 363,210 MT respectively...
ISLAMABAD: Securities and Exchange Commission of Pakistan on Monday issued stewardship guidelines for institutional...
KARACHI: The number of active unique identification numbers increased by 1,306 to reach 244,357 in April as compared...
KARACHI: Gold rates in the local market rose by Rs700 per tola on Monday to reach another all-time high level in the...
Saclay, France: The United States and the European Union announced on Monday a joint effort to boost microchip...
ISLAMABAD: A trade body on Monday warned of wheat crisis in the country , urging the government to ban wheat exports...
Comments