Lucky Motors' 2022 bet on Peugeot stales as SUV bookings suspended
https://www.dawn.com/news/2044615
Lucky Motor Corporation, which began assembling the Peugeot 2008 in 2022, has suspended fresh bookings for the SUV amid high petrol prices and a shift towards electrified cars. At least one dealership now sells Chinese vehicles, and dealers are cautious about the model's future. The company claims production hasn't stopped, but industry sources say production was halted a few months ago, worrying owners about future after-sales service and part availability.
The Peugeot's prices have been cut sharply, with the 2008 Active listed at Rs5.799 million and the 2008 Allure at Rs6.499 million on LMC's website. LMC's CEO, Muhammad Faisal, confirmed the company stopped taking new orders but denied stopping production, stating they still have orders to fulfill and parts in stock for Peugeot customers.
Some industry sources claim production was quietly halted, causing concern among owners. Owners praise the SUV's appearance, driving experience, comfort, suspension, and durability, but point out the fuel economy of 8 to 8.5 kilometres per litre as a major drawback. The vehicle's resale value is also a concern, with owners reporting significant drops in price.
Written by urgent.news from Dawn - Pakistan's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
