Hyundai Nishat Motors
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Hyundai Nishat Motors
Hyundai Nishat ( ur, ) is a Pakistani automobile manufacturer and joint venture between Hyundai and Nishat Mills, based in Faisalabad, Pakistan. Hyundai Nishat is the authorized assembler and manufacturer of Hyundai vehicles in Pakistan and began production from its Faisalabad plant in 2019. History Hyundai returned to Pakistan in 2017 by partnering with Nishat Mills, a subsidiary of Nishat Group. Hyundai used to assemble cars in Pakistan until 2004, when their local partner Dewan Farooque Motors went bankrupt. Hyundai Nishat Motor signed an investment agreement with the Ministry of Industries and Production under the ''Automotive Development Policy 2016-21''. The intent of the government is to shake up the Japanese-dominated car market and loosen the grip of Toyota, Honda and Suzuki, who assemble cars in Pakistan with local partners. Industry Competition Kia Lucky Motors, MG JW Automobile and Changan Automobile are also launching new models keeping competition aliv ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Honda Civic
The is a series of automobiles manufactured by Honda since 1972. Since 2000, the Civic has been categorized as a compact car, while previously it occupied the subcompact class. , the Civic is positioned between the Honda Fit/City and Honda Accord in Honda's global car line-up. The first-generation Civic was introduced in July 1972 as a two-door coupe model, followed by a three-door hatchback that September. With a 1,169 cc transverse engine and front-wheel drive like the British Mini, the car provided good interior space despite overall small dimensions. Initially gaining a reputation for being fuel-efficient, reliable and environmentally friendly, later iterations have become known for performance and sportiness, especially the Civic Type R, Civic VTi, Civic GTi and Civic SiR/Si. The Civic has been repeatedly rebadged for international markets, and served as the basis for the Honda CR-X, the Honda CR-X del Sol, the Concerto, the first generation Prelude, the Civic Sh ...
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Car Manufacturers Of Pakistan
A car or automobile is a motor vehicle with wheels. Most definitions of ''cars'' say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people instead of goods. The year 1886 is regarded as the birth year of the car, when German inventor Carl Benz patented his Benz Patent-Motorwagen. Cars became widely available during the 20th century. One of the first cars affordable by the masses was the 1908 Model T, an American car manufactured by the Ford Motor Company. Cars were rapidly adopted in the US, where they replaced animal-drawn carriages and carts. In Europe and other parts of the world, demand for automobiles did not increase until after World War II. The car is considered an essential part of the developed economy. Cars have controls for driving, parking, passenger comfort, and a variety of lights. Over the decades, additional features and controls have been added to vehicles, making them progressively more complex. Th ...
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Hyundai Ioniq
The Hyundai Ioniq is a compact five-door liftback manufactured and marketed by Hyundai. The nameplate ''Ioniq'' is a portmanteau of ''ion'' and ''unique''. It is marketed as the first automobile to be offered without a standard internal combustion engine, but rather sold in hybrid, plug-in hybrid, and all-electric variants. The Ioniq Hybrid debuted in South Korea in January 2016, with all three variants debuting at 2016 Geneva and New York auto shows. The hybrid variant launched in its home market in February 2016, followed by the electric model in July 2016. The plug-in hybrid version followed in February 2017. From its first model year (2017) through the 2019 model year, the Ioniq Electric had been the EPA's most efficient vehicle with a rated fuel economy of . The Ioniq Blue Hybrid version has been rated at , making it the most fuel-efficient hybrid vehicle to be mass-produced. Following its discontinuation in South Korea in 2021, production of the Ioniq ended in July 2022 ...
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Hyundai Atos
The Hyundai Atos is a city car that was produced by the South Korean manufacturer Hyundai Motor Company, Hyundai from 1997 until 2014. It was also marketed under the Atoz, Amica and Santro model names. From 1999, the Atos with a different rear fascia and restyled rear side doors is marketed as the Atos Prime and in South Korea and Indonesia as the Kia Visto. It has been available only with a five-door hatchback body style. It was replaced in most markets by the Hyundai i10, i10 in 2007, but production continued in India until late 2014. The Hyundai Santro, Santro nameplate, used in India, was revived in October 2018. Overview Debut of original Atos The development project for a Hyundai minicar started in October 1995 after the main Korean competitor Daewoo had already put in place the production of a compact car, exposing numerous concepts in various international car showrooms that would have foreshadowed the production model (which would become the Daewoo Matiz, Matiz design ...
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Hyundai Staria
The Hyundai Staria ( ko, 현대 스타리아) is a 5-door van and minivan manufactured by Hyundai since 2021. It was introduced as the successor to the Starex, ditching the rear-wheel-drive layout from the Starex to a front-wheel-drive-based platform shared with other large Hyundai and Kia vehicles. The name "Staria" was coined by combining the word "star" with "ria". It is currently marketed in South Korea, South Africa, Southeast Asia, Australasia, Middle East, and several European countries. Overview Interior and exterior images of the Staria were released on 18 March 2021. Following the automaker’s new design theme “Inside Out,” the vehicle is said to feature the look of a spaceship and a wide-open cabin. The model achieved a maximum height of the cabin up to by raising the total height by and lowering the ground clearance by compared to its predecessor, the Starex. Hyundai designers also introduced a low beltline to create larger side windows, which is called "w ...
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Hyundai Porter
The Hyundai Porter (Hangul:현대 포터), also known as the Hyundai H-100, is a cabover truck produced by the South Korean manufacturer Hyundai Motor Company, Hyundai since 1977. History First generation (1977–1981) The first generation, launched in January 1977, was called the Hyundai HD1000 and was available in both truck and minibus (3 and 12-seater van, ambulance) versions. The truck was called the Porter. The HD1000 was discontinued in 1981. Second generation (1986–1996) In November 1986, Hyundai revived the label with the introduction of the second generation Porter, which was now a rebadged licensed second generation Mitsubishi Delica (L300). While the third generation Delica was also built by Hyundai, it was known as the Hyundai Grace, Grace and was marketed only as a van, in parallel with the Porter truck range. It was built with the following body styles: 2-door truck, 4-door truck, 3-door van and 4-door van. Upgrade The upgraded second generation was ...
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Hyundai Tucson
The Hyundai Tucson ( ko, 현대 투싼) (pronounced Tu-són) is a compact crossover SUV (C-segment) produced by the South Korean manufacturer Hyundai since 2004. In the brand's lineup, the Tucson is positioned below the Santa Fe, and above the Kona and Creta. It is named after the city of Tucson, Arizona. The second-generation model has been marketed as the Hyundai ix35 in several markets, including Europe, Australia and China, before reverting to Tucson for the third-generation. The Tucson is the best-selling Hyundai SUV model, with more than 7 million units sold globally since it launched in 2004. Of these, 1.4 million units have been sold in Europe. First generation (JM; 2004) The first-generation Tucson was launched in 2004, after its name was announced in November 2003. Positioned as a smaller alternative to the Santa Fe, it shared its Hyundai Elantra-based platform with the second-generation Kia Sportage. Markets North America In the U.S., the Tucson was offered i ...
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Hyundai Sonata
The Hyundai Sonata is a mid-size car that has been manufactured by Hyundai since 1985. The first generation Sonata, which was introduced in 1985, was a facelifted Hyundai Stellar with an engine upgrade, and was withdrawn from the market in two years due to poor customer reaction. While the nameplate was originally only sold in South Korea, the second generation of 1988 was widely exported. The Sonata is currently manufactured in the United States for the North American market, China and South Korea for the Asian market, and Russia for other markets. It was named after the musical term, '' sonata''. First generation (Y1; 1985) The first Sonata was introduced to compete with the Daewoo Royale series and was a more luxurious version of the Stellar. It included cruise control, power seats, head lamp washers, power brakes, electric operated adjustable side mirrors and chrome bumper trims. The Sonata was available with two trim options in Korea: Luxury and Super (the latter on ...
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Hyundai Elantra
The Hyundai Elantra, also known as the Hyundai Avante ( ko, 현대 아반떼), is a compact car produced by the South Korean manufacturer Hyundai Motor Company, Hyundai since 1990. The Elantra was initially marketed as the ''Lantra'' in Australia and some European markets. In Australia, this was due to the similarly named Mitsubishi Magna, Mitsubishi Magna Elante model; similarly, in other markets, the name Avante is not used due to its similarity with Audi's "Avant" designation, which is used for their line-up of station wagons. The name was standardized as "Elantra" worldwide in 2001 (except in South Korea and Singapore). First generation (J1; 1990) Launched in October 1990, the Elantra (codename ''J1'') received a mid-term facelift in 1993. It was sold in Europe from the spring of 1991. It replaced the somewhat larger on the outside Hyundai Stellar, Stellar, although that model had not been offered in many markets. The Elantra competed with the likes of the Ford Sierr ...
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