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Pakistan Automotive Manufacturers Association (PAMA) was founded in 1994. [3] It is licensed by the Ministry of Commerce under the Trade Organizations Ordinance 2007. [4] PAMA also serves as the central source of statistical data for the automotive industry. [5] [6] [7]
Hinopak was formed in 1985 by Hino Motors, Toyota Tsusho, Al-Futtaim Group and Pakistan Automobile Corporation. [4] In 1988, it was listed on the Karachi Stock Exchange. [5] In 1998, Hino Motors, and Toyota Tsusho Corporation obtained majority shareholding in the company after disinvestments by the other two founding investors. [6]
Despite being obsolete, the car still had a high demand. In September 2018 (the highest selling year for the model), Pak Suzuki accounted for having sold 47,199 units in the country. From June 1999 to 2018, just under 600,000 Mehrans were sold in Pakistan. The lowest number sold was in 2001, with 5,169 units sold.
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 ...
Ghandhara Industries Limited (GIL) (Urdu: گندھارا انڈسٹریز لمیٹڈ), formerly known as National Motors Limited, doing business as Isuzu Pakistan, is a Pakistani truck and buses assembler based in Karachi. [2] It is the authorized assembler of Isuzu vehicles in Pakistan. [3]
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 ...
In 2016, Renault announced to start assembling cars in Pakistan by 2018 in collaboration with Ghandhara Nissan, [8] [9] and collaborated with new partner Al-Futtaim Group of United Arab Emirates (UAE) but shelved the project later on. [10] [11]
VPL Limited, previously known as Volvo Pakistan Limited, sells bus and truck in Pakistan. The company is a joint venture between the Panasian Group and Volvo . [ 1 ] VPL used to be the authorized assembler and manufacturer of Volvo Trucks and Volvo Buses in Pakistan, but the assembly plant shut down in the 1980s.