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In March 2000, the company started production of the L500 series Daihatsu Mira in Pakistan which was locally sold as the Daihatsu Cuore and featured an 850-cc engine. [6] In 2008, Toyota acquired 9.83 million shares from Overseas Investors AG and general public at the price of Rs. 370 (equivalent to Rs. 1,900 or US$6.50 in 2021) per share. [7]
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 ...
The company's franchises Bedford Vehicles and Toyota produced buses and cars. [6] In 1984, the Toyota franchise was transferred to Toyota Indus. [6] In January 1992, Bibojee Group acquired National Motors Limited for PKR 150 million, under the privitization scheme of the Government of Pakistan.
In Australia, the L500 Mira was sold as the Daihatsu Charade Centro. The model remained in production in Pakistan, as the Daihatsu Cuore. The L500 was produced by Toyota Indus Motor Company between March 2000 and 2012, with the 847-cc, carburetted engine (ED-10), which has been used in export models since 1986. [27]
The Toyota Corolla (E120/E130) is the ninth generation of compact cars sold by Toyota under the Corolla nameplate. In Japan, this series arrived to the market in August 2000; however, exports were typically not achieved until 2001 and 2002 depending on the market. The sedan and station wagon arrived first in August 2000, followed by the five ...
Pak Suzuki Motor Company Limited (PSMCL) is a Pakistani automobile company which is a subsidiary of Japanese automaker Suzuki. [2][3] It is the Pakistani assembler and distributor of cars manufactured by Suzuki and its subsidiaries and foreign divisions. [4] Currently Pak Suzuki is the largest car assembler in Pakistan.
Gemstones and Lapis Lazuli – Lapis lazuli artifacts, dated to 7570 BCE, have been found at Bhirrana, which is the oldest site of Indus Valley civilisation. [10] Flush Toilet: Mohenjo-Daro circa 2800 BC is cited as having some of the most advanced, with toilets built into outer walls of homes.
Nexus Automotive (Pvt) Ltd was an importer and assembler of General Motors vehicles and genuine parts in Pakistan. The company was founded by M.A. Razaq, an expatriate Pakistani who retired as Corporate Vice President of General Motors Corporation, 1999. Balubaid Establishment of Saudi Arabia, a diversified group involved in automotive, real ...