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Hyundai planned to transform its Chongqing Plant 5 in China into an electric vehicle plant in a bid to reinvigorate its slumping Chinese business, as the plant suffered a low operation rate as it was completed when China’s retaliation against South Korea peaked in 2017. [49] However, the company ended up putting the plant on sale as of August ...
Hyundai Nishat Motors (Urdu: ہیونڈے نشاط) is a Pakistani automobile manufacturer based in Lahore. [ 2 ] [ 3 ] It is part of Nishat Group . Hyundai Nishat is the authorized assembler and manufacturer of Hyundai vehicles in Pakistan and began production from its Faisalabad plant in 2019.
Dewan Farooque Motors Company Limited was incorporated in December 1998 by Dewan Yousuf Farooqui to assemble Hyundai and Kia vehicles in Pakistan. [2] This followed an earlier introduction of Kia cars in 1994 by Naya Daur Motors, which reportedly collected around Rs 800 million in booking fees from approximately 16,000 customers but delivered only a limited number of vehicles before its collapse.
The automotive industry in Pakistan is one of fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th largest producer of automobiles. Its contribution to the national exchequer is nearly US$5.4 ...
A high-end wedding photographer and his Indian American family were subjected to the wrath of a fellow traveler who hurled sickening insults at them after their United Airlines flight.
New York City police are searching for a masked gunman who is on the loose after fatally shooting UnitedHealth Group CEO Brian Thompson in midtown Manhattan — hours before the annual Rockefeller ...
Georgia turned what looked like a Friday night massacre by Georgia Tech into a miraculous Bulldog comeback win, 44-42, in eight overtimes. The Bulldogs pulled out the victory after overcoming 20-6 ...
Between 2002 and 2010, [91] [92] Hawtai Motor had produced Chinese-market versions of the Hyundai Matrix, [93] the Hyundai Santa Fe [91] [94] and the Hyundai Terracan. [ 91 ] [ 94 ] The Santa Fe was the fifth most-purchased SUV in China in 2010, [ 95 ] and some of Hawtai's versions may greatly differ from those sold in other markets. [ 96 ]