ISLAMABAD – With an aim to reshape Pakistan’s automobile industry, RegalAutomobiles Industries Limited (RAIL), launched Pakistan’s most affordablehatchback, Prince Pearl, priced at Rs1.049m, on 31st January 2020.
The car was launched in an exclusive event at a local hotel. GovernorPunjab, high profile dignitaries and elite of the city attended the event.
Prince Pearl is launched in the country with an 800cc, EFI engine whichproduces 40 HP and is equipped with modern features such as power windows,power steering, and multimedia system. RAIL will be providing a warrantyfor 60,000 KMs or 3 years whichever comes first. Available in 6 differentcolors and at 16 3S dealerships (Sales-Service-Spare Parts) acrossPakistan, Prince Pearl will be available in the market from 1st February2020.
[image: Regal_Automobile_TechJuice]link
While talking to the media, Governor Punjab, Mr. Chaudhry Sarwar said, “Itis heartening to see a local company take the initiative to provide such anautomobile to the masses. I look forward to seeing what Regal Automobilesholds for the future.”
Addressing at the ceremony, Muhammad Adeel Usman, Managing Director, RegalAutomobiles Industries Limited (RAIL), said “This is the first time that alocal company has taken a step at such a huge level to add to the economyof the country while providing a high-quality product at an affordableprice.
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The car is a blessing in disguise for the people of Pakistan where theeconomy is a burning issue for the government,” he said.
Regal Automobiles Industries Limited was established in 2017 as a technicalventure between DFSK, which is the prodigious and renowned brand in Chinaand RP Group which is one of Pakistan’s most prominent businessconglomerates to manufacture and market PRINCE vehicles in the country.
At present, the company is offering a complete range of light commercial,passenger and SUV range with full after-sales and technical support to itscustomers. Regal Automobiles Industries Limited is the first companyawarded with Green Field status under Automotive Development Policy (ADP)2016-2021).
Keeping in view of the honorable Prime Minister’s vision for the automotiveindustry, RAIL has invested Rs.1.5 Billion on this project to generatejobs, industrial and economic stability in Pakistan.
