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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]
The Elantra competed with the likes of the Ford Sierra and Vauxhall Cavalier/Opel Vectra, but at a considerably lower price. The Elantra was powered by a Mitsubishi-designed 1.6 L (1595 cc) straight-four. This DOHC 16-valve 1.6 L unit produced 113 PS (83 kW) at 6000 rpm and could push the Elantra to 60 mph (97 km/h) in 9.5 seconds. The quarter ...
Elantra / Avante / i30 Sedan: 1990 CN7 2020 Global (except Western Europe) C-segment/compact sedan. Known as the Avante in South Korea and i30 Sedan in Australia. 370,973 Grandeur/ Azera: 1986 GN7 2022 South Korea and Middle East Executive sedan oriented for the domestic South Korean market. 71,858 HB20S: 2012 BR2 2019 Brazil and Mexico
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 Hyundai i30 is a small family car manufactured by the South Korean manufacturer Hyundai Motor Company since 2006. The i30 shares its platform with the Kia Ceed, available as a three-door hatchback (2012–2017), five-door hatchback, five-door estate and five-door liftback (2017–present), with a choice of three petrol engines and two diesel engines, either with manual or automatic ...
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 firm predicts that home prices will rise by 2.6% in 2025, while existing-home sales will notch 4.3 million, up from the 4 million sales it expects this year.
Hyundai cars are also assembled in Egypt using CKD kits. The local manufacturer is GB Corp, which is located in Cairo. Their 58,000 sq.m factory possesses an estimated annual production capacity of 50,000 to 75,000 vehicles. Formerly, the company assembled vehicles such as the Verna and Hyundai Elantra HD.