Kia Stonic launch in Pakistan was due by the end of October. However, according to reports, the global chip shortage and supply chain issues hampers the company’s efforts to introduce the car in the market. The fluctuating Dollar Rate is also a hurdle for the company to come up with decisive pricing. As instant price hikes after launch go against the brand�s reputation.
In contrast to other newcomers, who prefer to launch a car without first preparing the local assembly and plant. Lucky Motors’ strategy is commendable, as all of their previous models were already running off the assembly lines before the introduction. KIA Stonic is still expected to launch before the end of the year, despite the company’s failure to openly declare the delays in plans or the change in the launch date.
Kia Stonic is a B-segment crossover goes by the title of an SUV for the City. It will compete with B-segment sedans in the local market. The brand is offering something that entice Toyota Yaris and Honda City owners to choose a crossover over a sedan. However, the KIA Stonic price in Pakistan is yet to be announced by Lucky Motors Corporation.
Moreover, Proton X50, DFSK Glory 500, Chery Tiggo 4, and GAC GS3 will also launch in Pakistan soon. All this activity will make the subcompact crossover SUV category even more diligent. Given this rush of crossover compact SUVs, demand for subcompact sedans in Pakistan may decline in the future.
