Hyundai, the South Korean car makers, is looking to partner with Mian Masha’s Nishat Mills Limited to setup vehicle assembly plant in Pakistan, said a company announcement sent to Pakistan Stock Exchange.
Hyundai, a decade ago or so, used to assemble and sell cars in Pakistan through Dewan group. Since then, for a long time now, it was looking for a local partner for a re-entry in Pakistani market.
With this new development, it seems, Hyundai has found a local partner and soon a deal will be locked.
Nishat Mills, while speaking with Reuters, said that a memorandum of understanding has been signed between both the companies. It said that Pakistan’s plant will assemble both passenger and commercial cars.
Nishat Mills’s notice sent to PSX said that MoU with Hyundai Motor Company and Sojitz Corporation Tokyo, Japan is for negotiating and establishing a framework for setting up a green field project for assembly and sales of HMC passenger and 1 ton commercial vehicles in Pakistan.
Mian di Mansha!
Santro wapas aaye gi?
santro , elentra , sonata and many more. they give you quality and choice too. thats what i can say seeing their big big presence in KSA. KSA has many companies from all over the world japenese, europeons, americans and now even chinese. but hyundai is most seen on road among all here.
nayi Santro Automatic mein hogi ?
AI technology use hogi ab
ziada hogya
Nahi, issay aagay bhi ek aur technology aa rhi hai.
yeah right
Dear: Thanks for Update…do you know their Career Application Adress?
I want to Apply as An Automotive Engineer…
Go to their official website and you’ll find the career page there.
Dear Any one Knows their Adress for Any Automotive Job Application Submission?
Great news !
Great News, Hyundai vehicles are better then Toyota, Honda and Garbage Suzuki.
How is it even possible ? If commercial vehicles and Heavy Transport Vehicles is somewhat similar than this deal is already signed about some months ago with Al Haj. Al Haj is the company which is already selling FAW vehicles in Pakistan under Al Haj FAW. Check the attached picture for official proof. By the way, if they can provide multiple amazing passenger vehicles in less than 10 lacs, and also in max 2 years than they can get a good market in Pakistan.
https://uploads.disquscdn.com/images/7eb0af45bc15f0f3afcaba9696677b52d4c64eb8234c9cc6107869add58bda59.jpg
maybe they have different deals …
like passenger and compact cars with ALHAJ and heavy duty trucks with Nishat Mills ?
Different Deals & Different Cataegy :
Dewaan & AL Hajj have location & assembly plant & Nisht will be completed Assembly Plant within 3 Years :
May Be Hyundai Bike Banaye Nishat K Sath !
ok.. so Hyundai wale Passenger Cars AlHajj k sath h banaege ? confirm hai ye ?
May Be :
Hyundai also has deals with Dewan Farooque Motors:
propakistanidotpk/2016/09/05/dewan-farooque-motors-announces-resume-vehicle-production-pakistan/
Yeh ho kia raha hai akhir… :O