Renault Trucks, in partnership with Ghandhara Nissan Ltd (GNL) has introduced the full range of Renault Trucks to the Pakistan market.
Renault Trucks and GNL signed co-operation agreement in early 2018 to represent Renault Trucks in Pakistan.
According to a notification sent to the Pakistan Stock Exchange,
GNL will be responsible for the import, distribution and after-sales service of the three new ranges, as well as the CKD assembly at its manufacturing site situated at Port Qasim, Karachi by the end of 2019; which demonstrates the company’s significant commitment to the country.
Currently all the vehicles are being imported in Built-up condition from Lyon, France said the notification to the Pakistan Stock Exchange.
The new Renault Trucks range was unveiled to over 500 guests, including corporate & individual customers, bankers, vendors, government officials, media persons and representatives from Renault Trucks.
Renault Trucks has introduced the new C, K and D ranges.
Speaking at the launch, Olivier De Saint Meleuc, Senior Vice President of Renault Trucks International, said:
I am personally proud to witness this milestone for Renault Trucks in Pakistan with our partner GNL. Pakistan is an important market for Renault Trucks.
Pakistan is rapidly developing with many large infrastructure projects especially under the China Pakistan Economic Corridor (CPEC); that require robust & reliable trucks to cater demanding operations. Renault Trucks offer fuel efficiency, engine performance and safety along with lower maintenance and operational costs, ultimately providing profitability to the customers.
He further added that,
With our new range launched in 2013, we have deployed significant resources to ensure these vehicles deliver maximum reliability. Each range has undergone rigorous quality trials and has been exhaustively field-tested under actual operating conditions to meet the demands for reliability and robustness expected by our customers in Pakistan.
Mr. Ahmed Kuli Khan Khattak, Chief Executive Officer of GNL thanked the management of Renault Trucks and esteemed guests.
He further said,
Whenever GNL has introduced any commercial vehicle to Pakistan, it is being well accepted in the market. By the blessings of Almighty Allah, GNL is taking yet another lead by bringing European Trucks. Subsequent CKD Operation of Renault Trucks from end 2019 will create new job opportunities and offer the highest standard transport solution for the benefit of customers.
Speaking at the event, Mr. Muazzam Pervaiz Khan, Sr. Executive Director Marketing & Sales of GNL highlighted over 50 years of relationship between customers and Ghandhara Group which is one of the major factors in company’s long-term success.
He added that with this huge opportunity available in the market for Robust, Fuel-Efficient & reliable trucks, introducing Renault Trucks was need of the hour. The demanding specs in terms of safety by all the major oil marketing companies can be 100% complied by Renault Trucks
Back in April, Ghandhara Nissan had also launched locally-assembled one-ton pickup, JAC Motors X200, which is mainly used for the distribution of goods. It was previously imported in built-up condition from China but now Ghandhara Nissan has started producing it locally.
Pakistan’s auto industry has seen several developments ever since the government announced the auto policy in March 2016.
GHNL’s script hit its upper cap limit of the day. It is currently trading at 124.22, up by 5% with a turnover of 908100 shares.