By Syed Sarim Raza Hyundai, the famous South Korean automotive brand has joined hands with the Pakistan’s renowned Al-Haj Group to launch Heavy Commercial Vehicles (HCVs) in Pakistan. This is a welcoming initiative for the growth of automotive industry in Pakistan as the merger of these two companies is expected to grow the segment of
Scooty…A word that has become one of the “buzz words” in Pakistan. Scooty in Pakistani market does not merely refer to a 2-wheeled vehicle but also possesses an empowering perception of its own. Scooties are especially meant for female transportation and with this initiative of commercialization of scooties, an invisible barrier of societal pressure on
Yamaha has come Pakistan to test itself for second time. But there is a major difference in both situations. In first case Dawood group and Yamaha were jointly manufacturing and marketing the Yamaha motorcycles. But second chance is a better option for Yamaha. Yamaha Pakistan is single entity and has full control of steering of
New auto policy made a great impact on automobile industry of Pakistan. New players are aggressive to get benefit of new policy. Announcements of new comers can be seen in media in a routine manner, after a long time famous international brands showed their interest in Pakistan market. Audi, Kia, Hyundai and Renault are among
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Darson Industries Pvt Ltd Wazirabad, manufacturer of automotive rubber hose pipes and rubber moulded parts signed a collaboration agreement with Butsch GmBH Germany for sales of automotive rubber products to vehicle manufacturing industry in Germany and other European Countries. Mr. Thomas Butsch, CEO of Butsch GmBH, a leading company in Europe which had 12 million
KARACHI: Chairman of the Pakistan Association of Auto Parts and Accessories Manufacturers, Mashood Ali Khan, will lead members of the Association at the Hannover Messe, the world’s biggest industrial fair in Hannover, Germany, scheduled to take place from April 24 to 28, 2017. The 30-member PAAPAM delegation will exhibit at the event under the umbrella
Hyundai Motor Company plans to set up a car assembly plant in Pakistan in a joint venture with local textile firm Nishat Mills and Sojitz Corporation Tokyo another local tractors assemblers, Millat Tractors shall also be minority share holder. Hyundai used to assemble cars in Pakistan until 2004 but withdrew after their local partner Dewan
Amid inconsistency in the policy as always blamed by the existing auto assemblers – the new foreign auto makers are highly optimistic for a promising future of Pakistan’s car and heavy vehicle sectors especially. They see a robust demand of cars in view of low interest rates and rising standard of living of middle class.
Apparently it seems that new auto policy 2016-21 is has made a positive impact on the automobile industry of Pakistan. Some big international players already announced their intentions to enter into Pakistan automobile industry like Audi, Volkswagen and Peugeot. On the other hand some Korean and European Car makers already joined hands with Pakistani partners.