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Hyundai Nishat Motors (Urdu: ہیونڈے نشاط) is a Pakistani automobile manufacturer based in Lahore. [ 2 ] [ 3 ] It is part of Nishat Group . Hyundai Nishat is the authorized assembler and manufacturer of Hyundai vehicles in Pakistan and began production from its Faisalabad plant in 2019.
The oil prices were seen rising to hit $71.38 per barrel in March 2021, marking the highest since the beginning of the pandemic in January 2020. [116] The oil price rise followed a missile drone attack on Saudi Arabia's Aramco oil facility by Yemen’s Houthi rebels. [117] The United States said it was committed to defending Saudi Arabia. [118]
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 ...
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 Motor Group Innovation Center in Singapore (HMGICS) is built in Jurong and produces the Hyundai Ioniq 5 since 2023. Hyundai plans to produce 30,000 battery electric models a year at the plant, of which about 6,000 will be sold in Singapore. [42] [43]
2023 AI3 CUV 2023 India Crossover based on the Grand i10 for the Indian market. - Ioniq 5: 2021 NE 2021 Global Electric compact crossover SUV under the Ioniq sub-brand. 99,727 Ioniq 9: 2025 ME 2025 Global Electric full-size crossover SUV under the Ioniq sub-brand. - Kona/ Kauai: 2017 SX2 2023 Global, developed market-oriented
Hyundai Santro in India and Pakistan; The original Atos was sold under the Hyundai brand but rebadged as the Atoz (or "AtoZ") in some markets, including the United Kingdom. The Hyundai Santro is a rebadged version of the city car Hyundai Atos sold in some Asian markets. The Kia Visto is a rebadged Hyundai Atos Prime.
In early 2022, Hyundai Motor Philippines, Inc. (HMPH) became the official distributor of Hyundai passenger cars in the country after the company was able to take over its passenger car operations from HARI, [114] Audrey Byun is the CEO, while Lee Dong-wook is the President and Victor Jose Vela is the Deputy General Manager of the company.