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Founded in 1989, as a joint venture between House of Habib, Toyota Tsusho and Toyota Motors. [1] [2] [3] Indus Motor is the authorized assembler and manufacturer of Toyota and Daihatsu vehicles, auto parts and accessories in Pakistan since 1 July 1990 at its 109.5 acres (0.443 km 2) manufacturing plant at Port Qasim Industrial Zone, outside ...
In 1984, the Toyota franchise was transferred to Toyota Indus. [5] In January 1992, Bibojee Group acquired National Motors Limited for PKR 150.44 million (US$ 24.50 million), under the privatization scheme of the Government of Pakistan. [7] [8] [5] The Bibojee companies are owned by the heirs of Habibullah Khan Khattak. In 1999, the company was ...
Toyota Indus's Corolla is the most assembled car in Pakistan. In 2017, 52,874 models were made. 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 ...
Ghandhara Nissan (Ghandhara Automobiles) was incorporated in 1981 for the distribution of completely built-up (CBU) Nissan vehicles in Pakistan. [2] In 1992, it became a publicly listed company on the Karachi Stock Exchange. [2]
Salvador Caetano - Toyota Caetano Portugal Plant, Ovar - Inaugurated in 1971, it was the first Toyota’s assembly plant in Europe. [32] Dyna, Land Cruiser (J70) [33] Caetano City Gold/Toyota Sora - low-floor, single-decker bus. The buses with hydrogen fuel cell and full electric powertrains are Toyota badged. [34]
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In 1950, Toyota was split into Toyota Motor Co. and Toyota Motor Sales Co. (sales arm of Toyota); the two companies merged in 1982 to create one unified company, with then-Toyota Motor Co. President Eiji Toyoda becoming chairman. Chairmen listed prior to 1982 below were for the pre-merger Toyota Motor Co. only. [114] [115] Rizaburo Toyoda (1937 ...
According to Toyota, it was first approached by Sanwa Bank, banker of Daihatsu. [8] In 1995, Toyota increased its shareholding in the company from 16.8% to 33.4% by acquiring shares from other shareholders: banks and insurance companies. [7] At the time, the company was producing mini-vehicles and some small cars under contract for Toyota. [7]