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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.
The website offers its products and services online and on its iPhone and Android apps. [ 9 ] [ 10 ] Apart from sale and purchase, an online internet forum allows users to interact with other automobile enthusiasts across Pakistan, specifically in regard to problems associated with their automobiles.
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 ...
Hyundai cars are also manufactured in Egypt, the local manufacturer is the Ghabbour Group, which is located in Cairo. They have a big model range and offers sports models of some car models which are only offered on the Egypt market. Formerly, the company had assembled vehicles such as the Verna.
Audi launched its e-Tron 50 Quattro in Pakistan in April 2020, making it the first electric car to debut in Pakistan. [3] Audi Pakistan imports the CBU units of these EVs from Germany. Currently, Audi offers its e-Tron, e-Tron Sportback, e-Tron GT Quattro, and RS e-Tron GT on bookings in Pakistan. [4]
Nishat Group (Urdu pronunciation: [niːˈʃaːt] nee-SHAHT) is a group of companies headquartered in Lahore, Pakistan. [1] [2] It was founded by in 1951. Mian Muhammad Mansha is the current chairman of the group. [3] At least eleven of the Nishat Group's subsidiaries are listed on the Pakistan Stock Exchange. [4] [5]
Beijing Hyundai headquarters and manufacturing base Hyundai Motor Office building in Beijing. Beijing Hyundai Motor Company (BHMC) is a 50-50 joint venture between Hyundai Motor and Beijing Automotive Holdings, which was established in 2002. It began operations in China by producing Sonata in December 2002. [6]