Locally assembled Hyundai vehicles to hit Pakistani roads by 2020

[mr.robot]

Locally assembled Hyundai vehicles to hit Pakistani roads by 2020

Business
by Nozair Hanif Mirza | Published on July 23, 2018 (Edited July 23, 2018)

FAISALABAD – Hyundai Nishat Motor has announced to launch its locally assembled vehicles by March 2020.

South Korean auto manufacturer Hyundai, which is setting up a plant in Faisalabad spread across 66 acres, is partnering with local firm Nishat Group to venture into Pakistan’s increasing but Japanese-dominated auto sector.

According to the company’s operational plans that it shared with Faisalabad Industrial Estate Development and Management Company.

Faisalabad Industrial Estate Development and Management Company (FIEDMC), is overseeing the industrial zone where Hyundai’s plant is being set up.

Chief Operating Officer (COO) FIEDMC, Aamir Saleemi confirmed that Hyundai is ready to launch its vehicles by March 2020.

“The Japanese-dominated industry is set to see a transformation. Hyundai cars will roll out in March 2020. The company plans to produce 7,000 units in its first year,” said Aamir Saleemi.

The company has invested $150 million in Pakistan. Saleemi revealed that Hyundai will introduce new technology to produce fuel-efficient vehicles in Pakistan. Hybrid electric cars are not just fuel efficient, they are also eco-friendly. If they are introduced in Pakistan it will be amazing for the auto sector of the country.

Three automobile firms okayed to set up assembly plants in Pakistan

The auto development policy 2016-21 has encouraged foreign automakers to set up their manufacturing business in Pakistan.

Recently another South Korean automaker Kia with collaboration with Lucky Cement had launched Kia K2700 and Grand Carnival and is planning to bring more vehicles from its lineup.

KIA launches Grand Carnival minivan in Pakistan

French automaker Renault is another company that is actively working to launch its cars in Pakistan.

 

[khansaheeb]

Investments in Pakistan are just flowing and flowing in.

 

[MultaniGuy]

Good move. Beats buying Suzuki, Honda, and Toyota all the time.

 

[maximuswarrior]

Awesome. This should break the cartel.

 

[jupiter2007]

Locally assembled Hyundai vehicles to hit Pakistani roads by 2020

Business
by Nozair Hanif Mirza | Published on July 23, 2018 (Edited July 23, 2018)

FAISALABAD – Hyundai Nishat Motor has announced to launch its locally assembled vehicles by March 2020.

South Korean auto manufacturer Hyundai, which is setting up a plant in Faisalabad spread across 66 acres, is partnering with local firm Nishat Group to venture into Pakistan’s increasing but Japanese-dominated auto sector.

According to the company’s operational plans that it shared with Faisalabad Industrial Estate Development and Management Company.

Faisalabad Industrial Estate Development and Management Company (FIEDMC), is overseeing the industrial zone where Hyundai’s plant is being set up.

Chief Operating Officer (COO) FIEDMC, Aamir Saleemi confirmed that Hyundai is ready to launch its vehicles by March 2020.

“The Japanese-dominated industry is set to see a transformation. Hyundai cars will roll out in March 2020. The company plans to produce 7,000 units in its first year,” said Aamir Saleemi.

The company has invested $150 million in Pakistan. Saleemi revealed that Hyundai will introduce new technology to produce fuel-efficient vehicles in Pakistan. Hybrid electric cars are not just fuel efficient, they are also eco-friendly. If they are introduced in Pakistan it will be amazing for the auto sector of the country.

Three automobile firms okayed to set up assembly plants in Pakistan

The auto development policy 2016-21 has encouraged foreign automakers to set up their manufacturing business in Pakistan.

Recently another South Korean automaker Kia with collaboration with Lucky Cement had launched Kia K2700 and Grand Carnival and is planning to bring more vehicles from its lineup.

KIA launches Grand Carnival minivan in Pakistan

French automaker Renault is another company that is actively working to launch its cars in Pakistan.

It's time new companies to join and improve Pakistani automobile standard.
it's about time have a competition. Suzuki, Honda and Toyota have been selling cheap cars for higher prices and making loads of money.
We should invite France, Germany, Italy, Russia, Iran and Turkey to invest in our automobile industry.

 

[Jaanbaz]

I used to have a Hyndai i30, they are practical and reliable car. Never had a single mechanical problem with it.

 

[Asian.Century]

Hyundai cars so elegant, modern looking and resonably priced. Hope they come sooner than later in Pakistan.