In order to give competition to Toyota’s Fortuner version, Lucky Motors plans to introduce Kia Sorento model.
As per a report published by Arif Habib Limited (AHL) on Monday, the company will introduce the version on February 19, 2021. The market also expects another model named Cerato to be launched by the car maker by June 2021.
In 2016, Pakistan introduced an automotive policy to attract new players to the country in an effort to increase competition among automotive companies and to give customers the latest technology.
Topline Securities analyst Fawad Basir said, “The newer models have higher fuel efficiency, better safety standards and improved comfort and performance levels. The older original equipment manufacturers have been pushed by new players to launch revised car models with improved features.”