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Hyundai Nishat Motors

Hyundai Nishat Motors is a Pakistani automobile manufacturer based in Lahore.[2][3] It is part of Nishat Group.

Hyundai Nishat is the authorized assembler and manufacturer of Hyundai vehicles in Pakistan and began production from its Faisalabad plant in 2019.[4][5]

History

Hyundai Nishat was founded in 2017 as a joint venture between Nishat Group, Sojitz, and Millat Tractors. Previously, Hyundai used to assemble cars in Pakistan until 2004, when their local partner Dewan Farooque Motors went bankrupt.[6]

Hyundai Nishat Motor signed an investment agreement with the Ministry of Industries and Production under the Automotive Development Policy 2016-21.[7][8]

Hyundai Nishat Motor launched Elantra sedan in March 2021.[9]

Hyundai Nishat Motor launched Santa Fe mid-size SUV.[10]

Products

Locally manufactured

  • Hyundai Elantra (sedan)[11][12]
  • Hyundai Sonata (luxury sedan)[12]
  • Hyundai Tucson (compact crossover SUV)[5][12]
  • Hyundai Santa Fe (crossover SUV)[10]
  • Hyundai Porter H-100 (light commercial vehicle/light truck)[12]

Imported

Discontinued

  • Hyundai Santro (city car)
  • Hyundai Shehzore (light truck)
  • Hyundai Staria (minivan)[12]

See also

  • Automotive industry in Pakistan

External links

References

  1. Hyundai Nishat Motors Annual Report 2025 retrieved 4 November 2024^
  2. HYUNDAI hyundai-nishat.com^
  3. PM Abbasi breaks ground on Hyundai-Nishat vehicle assembly plant in Faisalabad 20 December 2017, retrieved 9 January 2018^
  4. Shahram Haq. Hyundai Nishat Motors raring to go, but hybrid vehicles on the back seat retrieved 9 January 2018^
  5. Staff Report. Hyundai Pakistan vows to boost production by100pc in Q1CY21 Profit by Pakistan Today, 2021-01-05, retrieved 2021-01-05^
  6. Fatima Farooq. Mian Mansha brings Hyundai cars back to Pakistan Profit by Pakistan Today, February 3, 2017^
  7. The Newspaper's Staff Reporter. Hyundai Nishat signs pact with production ministry 16 December 2017^
  8. Hyundai's Elantra and Sonata to Launch in Pakistan Brecorder, 2020-12-10, retrieved 2021-01-05^
  9. Hyundai reveals the price of its Elantra sedan Samaa TV, 7 October 2011, retrieved 2021-03-24^
  10. Hyundai Santa Fe Hybrid Launched 3 October 2023, retrieved 12 December 2023^
  11. Hyundai Elantra to be Launched in Pakistan in 2021 Brecorder, 2020-12-15, retrieved 2021-01-05^
  12. Hyundai to launch Elantra and Sonata in Pakistan Samaa TV, retrieved 2021-01-05^