Yesterday, Ghandhara Industries Limited (GIL) issued a letter to the Pakistan Stock Exchange (PSX) stating that ‘GIL’ is not in talks with any Chinese automaker to bring any SUVs to Pakistan and that the media reports are, “baseless and have no legal standing.” To the onlookers, it seemed that the Chery SUV won’t be coming to Pakistan at all.
Prior to this, media outlets had reported that the Chery Tiggo 8 will be coming soon and that one of the Ghandhara Group of Companies will be the one to bring the SUV to Pakistan. However, the news of GIL’s letter caused massive confusion among the audience.
It turns out that the media report was somewhat correct and the news that GIL won’t be the one to bring the SUV here is also correct. Let us unpack the whole scenario:
The News Break
In the initial report, it was stated that Ghandhara Nissan Limited (GNL) is in talks with Chery to introduce their SUVs in Pakistan, which – as verified by one of ProPakistani’s trusted sources – is correct.
However, the reports than got misconstrued by certain other popular outlets, which began stating that Ghandhara Industries Limited (GIL) is the one trying to introduce the SUVs in Pakistan, which is incorrect, and was responded to, by GIL in a letter issued to PSX.
Ghandhara Industries Limited (GIL) and Ghandhara Nissan Limited (GNL) – albeit from the same group of companies – are two completely separate entities that – as per our source – have absolutely nothing to do with each other.
GIL works in partnership with Isuzu in Pakistan, whereas GNL works with Nissan, Dongfeng, and Renault. Both are registered separately in PSX and both have different management teams.
However, the uninitiated cannot tell the difference, as both companies have near-identical logos and names. This is what led to the confusion on part of the news bearers, which resulted in confusion on the part of the public and led to GIL issuing the aforementioned letter to PSX, to clarify their stance.
Our source has told us that GNL is indeed planning to introduce a new lineup of SUVs in Pakistan. However, we have not yet been informed as to whether or not it will be the Chery Tiggo 8. The source did say that a new lineup is being discussed with a Chinese automaker. This implies that GNL could be gearing up to introduce multiple new SUVs in Pakistan, which is indeed exciting news.