Latest news with #MCML
Business Recorder
08-08-2025
- Automotive
- Business Recorder
MCML launch new variants of Karvaan and Sherpa
LAHORE: In a notable development for Pakistan's commercial and family mobility sector, Master Changan Motors Limited (MCML) has launched upgraded variants of its two most popular vehicles, the Karvaan and the Sherpa, signaling a fresh commitment to safety, performance, and practicality. At a grand launch event held in Lahore, the company marked a milestone for the Changan Karvaan, which has now crossed 25,000 units sold in Pakistan. First introduced five years ago, the Karvaan has become a leader in its category, commanding over 52 percent market share in the 7-seater MPV segment. Once considered an under-served category in the automotive landscape, the multipurpose van is now evolving in design, technology, and power. The newly unveiled Karvaan Power Plus UG comes with a significant shift under the hood, a more powerful 1.2L engine replacing the previous 1.0L unit, offering 44% more horsepower and improved fuel efficiency. Alongside performance, the company has also focused on safety, introducing dual airbags for both driver and front passenger, ABS with EBD for more controlled braking, and rear parking sensors, all firsts in this category. Speaking at the launch, Danial Malik, CEO of Master Changan Motors, remarked, 'Karvaan is not just a vehicle, it's a movement. It has transformed what people expect from a 7-seater van by bringing dignity, design, and dependability to everyday mobility. Today, we are proud to take this journey further with the upgraded Karvaan UG and the next-generation Sherpa Power 1.2.' Copyright Business Recorder, 2025
Business Recorder
30-07-2025
- Automotive
- Business Recorder
Master Changan sold 1,950+ units in June, becomes 3rd largest car brand in Pakistan
KARACHI: Master Changan Motors Limited (MCML) has officially emerged as Pakistan's third-largest car brand, achieving 1,950+ unit sales in June 2025, surpassing Honda, one of the most established players in the industry. The company has also achieved 13,391 units sold in FY25, bringing its cumulative sales to over 56,000 units since inception, a remarkable achievement for a new entrant in Pakistan. Speaking on this milestone, Ali Asghar Damani, Chief Operating Officer (COO) of Master Changan Motors Limited, said, 'This achievement is a reflection of our unwavering commitment to introducing technology-driven, mass-market vehicles that offer the best value to our customers. We have built a dedicated nationwide dealership network, providing round-the-clock after-sales support that gives customers the confidence to choose Master Changan. Most importantly, this milestone is a testament to the trust our customers have placed in us, and we are deeply grateful for their continued support.' Master Changan's rapid rise in the Pakistani automotive sector is the result of a strategic focus on offering globally competitive models like the Alsvin and Oshan X7, backed by a strong customer-centric philosophy. Today, Master Changan is present across every major vehicle segment from compact sedans to SUVs and is now poised to drive the next wave of innovation in the industry. In the Fiscal Year 2025 rankings, Master Changan secured the fourth position overall among all auto industry companies, and proudly stands as the No. 1 brand among new entrants and Chinese automotive manufacturers. Leading the charge, the company is driving Pakistan into a new era of electric mobility. 'While Master Changan has firmly cemented itself as a leading automotive brand in Pakistan, we are now undergoing a strategic transformation into a new energy mobility company,' said Danial Malik, CEO of Master Changan Motors Limited. 'Under the Deepal brand, we are bringing cutting-edge electric technology to Pakistan. Within the next 12 months, we will launch three new energy vehicles across multiple segments, transforming the landscape of Pakistan's auto sector and driving the country towards a greener, more sustainable future.'
Business Recorder
01-05-2025
- Automotive
- Business Recorder
Master Changan Motors honored with prestigious Global Awards
Master Changan Motors Limited (MCML), a joint venture partnership between the conglomerate Master Group of Industries and China's leading automaker Changan Automobiles, has proudly secured global recognition at the Changan Automobile Global Partner Conference 2025, a landmark event celebrating outstanding contributions from Changan's international partners. The company was coveted with 2 Global Awards - Marketing Achievement Award, and the most prestigious Panda Award for being the major contributor to the Vast Ocean Plan, in acknowledgment of its exceptional performance in building brand equity, for ranking #1 best-selling Chinese player in Pakistan and #4 best-selling amongst all other brands and achieving one of the highest sales volumes in Changan Global. The Marketing Excellence Achievement Award was presented in recognition of Master Changan Motors building Changan & Deepal as Pakistan's most loved and innovative using consumer focused and creative strategies such as innovative digital launches to exclusive events, creating a deep connection with its consumers. This has played a pivotal role in establishing Changan & Deepal as one of the most trusted, loved and forward-thinking automotive brands in Pakistan. Mr. Ali Asghar Damani, Chief Operating Officer of MCML, received the Marketing Excellence Achievement Award. Speaking on the occasion Damani said, 'This award is a proud moment for Pakistan and a testament to the vision, creativity, and dedication of our entire marketing and retail network. Together, we have reshaped perceptions and created meaningful connections between our brand and the people of Pakistan. We look forward to setting even higher benchmarks as we continue this exciting journey. The highlight of the evening was winning the most prestigious Global Award- the Panda Award for being one of the largest contributors to Changan Auto's global expansion plans. This award was received by Mr. Danial Malik, Chief Executive Officer, for Master Changan Motors' outstanding contribution to Changan's globalization Vast Ocean Plan and for being one of its highest selling markets. Malik, CEO of MCML, expressed his pride on this milestone, stating, 'These awards are not just accolades, they are a reflection of the trust our customers place in us, the vision we share with Changan Auto, and the incredible work of our dealer partners and entire team. We are proud to represent Pakistan on this global stage and remain committed to driving progress, innovation, and value for our market and beyond.' During this Global Conference and the Shanghai Autoshow 2025, Master Changan Motors brought the largest delegation not only amongst all international markets but also the largest in the history of Pakistan with over 50 delegates, including 30+ dealer partners and MCML's leadership team. Underlining the strength of the partnership between Master Changan Motors and Changan Auto, reaffirming Pakistan's strategic importance in Changan's global vision. Master Changan Motors, as a proud contributor to this vision, continues to set benchmarks for excellence and collaboration, reaffirming Pakistan's role in shaping the future of global mobility.
