Cars

Sazgar to Enter Three New International Markets

Sazgar Engineering has revealed plans to expand into three new international markets, the Philippines, Mexico, and Afghanistan, in a bid to strengthen its global footprint.

During an analyst briefing with Topline Securities, Sazgar Engineering outlined its expansion strategy, production goals, and upcoming vehicle launches. The company noted that despite recent floods, deliveries remained steady except for a temporary halt when the Karachi–Lahore road was closed.

Rising demand has extended delivery timelines from 2–3 months to 4 months. Although the company’s four-wheeler production capacity is 40 vehicles per day, actual output has climbed to 60, leading management to explore scaling operations further.

“With bookings surpassing capacity, Sazgar is preparing to raise production to 100–120 vehicles daily, with potential double shifts if demand continues,” said Topline Securities.

The automaker also confirmed upcoming launches of the Tank and Canon Alpha models, targeted for March 2026.

Financially, Sazgar reported an 89% increase in turnover to Rs109 billion and a 106% surge in profit after tax (PAT) to Rs16 billion, driven by strong Haval sales.