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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 ...
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
Previously, Hyundai used to assemble cars in Pakistan until 2004, when their local partner Dewan Farooque Motors went bankrupt. [6] Hyundai Nishat Motor signed an investment agreement with the Ministry of Industries and Production under the Automotive Development Policy 2016-21. [7] [8] Hyundai Nishat Motor launched Elantra sedan in March 2021. [9]
Ghani Group of companies was founded in 1959 by Aitzaz Ghani as a trading company. It has operations in two countries Pakistan and UAE. [5] The major Ghani Group of Companies are Ghani Mines, Ghani Halal Feed Mill, Ghani Glass, Ghani Dairies, and Ghani Automobile Industries. [6] [7] In 1963, Ghani Mines (Pvt) Ltd was established.
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.
MG JW Automobile Pakistan is owned by SAIC Motords China (51%) and JW Group Pakistan (49%)]]. MG JW Automobile Pakistan has signed Memorandum of Understanding (MoU) with Morris Garages (MG) Motor UK Limited, owned by SAIC Motor China to bring ICE, PHEV and EV cars in Pakistan. It has established state of the art assembling plant for ICE and ...
United Auto Industries (Pvt) Ltd. came into existence in 1999 by introducing economical 4-stroke motorcycles and Auto rickshaws with the brand name of UNITED. [citation needed] United Auto is now engaged in manufacturing of loaders, scooters, rickshaws and bikes in Pakistan. It has a joint venture with a Chinese automaker to produce these two ...
Nishat Group (Urdu pronunciation: [niːˈʃaːt] nee-SHAHT) is a group of companies headquartered in Lahore, Pakistan. [1] [2] It was founded by in 1951. Mian Muhammad Mansha is the current chairman of the group. [3] At least eleven of the Nishat Group's subsidiaries are listed on the Pakistan Stock Exchange. [4] [5]