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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.
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.
Hyundai Nishat commenced the production of the seventh-generation facelifted Elantra in Pakistan in October 2024. It comes in only one hybrid variant equipped with the 1.6 L Smartstream G1.6 Hybrid I4 hybrid powertrain paired with 6-speed DCT.
Hyundai's manufacturing plant at Irungattukottai near Chennai, India. Formed in May 1996, Hyundai Motor India Limited (HMIL) started its operations producing its first model in September 1998, the Santro. HMIL is the global export hub for compact cars for emerging markets.
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 ...
Nishat Power Limited (NPL) is an independent power producer in Pakistan that generates, distributes, and supplies electricity to the National Transmission and Dispatch Company (NTDC). It is a subsidiary of Nishat Mills Limited , which holds a 51 percent ownership stake.
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Hyundai Asia Resources, Inc. (HARI) was the distributor of Hyundai passenger cars and currently the official distributor of Hyundai commercial vehicles in the country. [113] They were appointed by Hyundai Motor Company of South Korea in August 2001 as the official distributor of Hyundai vehicles in the Philippines.