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Ghandhara Automobiles Limited

From Wikipedia, the free encyclopedia
Ghandhara Automobiles
Company typePublic
PSXGAL
IndustryAutomotive
Founded1981
HeadquartersKarachi, Sindh, Pakistan
Area served
Pakistan
Key people
Ahmed Kuli Khan Khattak (CEO)
ProductsChery, Dongfeng, JAC, Renault Trucks
RevenueIncrease Rs. 13.104 billion (US$45 million) (2023)
Increase Rs. 782.723 million (US$2.7 million) (2023)
Decrease Rs. 181.270 million (US$630,000) (2023)
Total assetsDecrease Rs. 12.622 billion (US$44 million) (2023)
Total equityIncrease Rs. 7.921 billion (US$27 million) (2023)
OwnerBibojee Services (57.75%)
Number of employees
1,060 (2023)
ParentBibojee Group
SubsidiariesGhandhara Industries Limited (19.09%)
Websiteghandharaautomobiles.com.pk
Footnotes / references
Financials as of 30 June 2023 [1]

Ghandhara Automobiles Limited (Urdu: گندھارا اٹوموبیلز لمیٹڈ) formerly known as Ghandhara Nissan, is a Pakistani automobile manufacturer based in Karachi.

It was established in 1981.[2] Ghandhara Automobiles is the authorized assembler and manufacturer of Chery, Dongfeng,[3] JAC[4] and Renault Trucks[5] vehicles in Pakistan.[2][6]

History

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Ghandhara Nissan (Ghandhara Automobiles) was incorporated in 1981 for the distribution of completely built-up (CBU) Nissan vehicles in Pakistan.[2] In 1992, it became a publicly listed company on the Karachi Stock Exchange.[2] Ghandhara Nissan has a technical assistance agreement with Nissan Motors and a joint venture agreement with Nissan Diesel for the progressive assembly of passenger vehicles, light commercial vehicles and heavy duty vehicles. Ghandhara Nissan's manufacturing and assembly plant which has a capacity of 6,000 cars per year, is located at Port Qasim, Karachi.[2][7][4]

Ghandhara Nissan forms one of several companies of Bibojee Group. In 2016, Renault announced to start assembling cars in Pakistan by 2018 in collaboration with Ghandhara Nissan,[8][9] and collaborated with new partner Al-Futtaim Group of United Arab Emirates (UAE) but shelved the project later on.[10][11]

In March 2018, Nissan signed a manufacturing and licensing agreement with Ghandhara Nissan to begin local production of Datsun models but suspended talks later.[12]

In February 2021, Ghandhara Nissan announced it would manufacture Chery vehicles in Pakistan.[13]

On April 18, 2023, Ghandhara Nissan Limited changed its name to Ghandhara Automobiles Limited.

Products

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Chery

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Commercial Vehicles

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Dongfeng Trucks

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As of 2015, it was hoped that Dongfeng trucks would be able to carve out a big share in the Pakistani market for trucks due to Pak-China Economic Corridor (CPEC) projects. Pakistan is also witnessing an increased demand in heavy trucks due to CPEC and relative improvement in the country's security situation.[3][4]

Renault Trucks

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JAC Motors

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See also

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References

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  1. ^ "Ghandhara Automobiles Limited Annual Report 2023". Retrieved 23 September 2024.
  2. ^ a b c d e Company profile of Ghandhara Nissan Limited on Financial Times (UK business website) Published 31 December 2018, Retrieved 6 May 2019
  3. ^ a b c Dilawar Hussain (1 June 2015). "A promising business venture". Dawn (newspaper). Retrieved 6 May 2019.
  4. ^ a b c d Farhan Zaheer (14 April 2017). "Ghandhara Nissan signs agreement with Chinese automaker". The Express Tribune (newspaper). Retrieved 6 May 2019.
  5. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2019-01-16. Retrieved 2019-01-16.{{cite web}}: CS1 maint: archived copy as title (link)
  6. ^ Nissan & Chinese Manufacturer Partner to Launch X200 in Pakistan propakistani.pk website, Published 14 April 2017, Retrieved 6 May 2019
  7. ^ Aamir Shafaat Khan (29 March 2018). "Nissan set for second try at Pakistan auto market". Dawn (newspaper). Retrieved 6 May 2019.
  8. ^ Gandhara Nissan intends to restart production in Pakistan The Nation (newspaper), Published 28 April 2016, Retrieved 6 May 2019
  9. ^ Renault to start assembling cars in Pakistan by 2018, says Board of Investment Dawn (newspaper), Published 3 November 2016, Retrieved 6 May 2019
  10. ^ Renault signs new agreement to assemble cars in Pakistan Dawn (newspaper), Published 21 November 2017, Retrieved 6 May 2019
  11. ^ Ghandhara Nissan may pull out from investing in the country Published October 5, 2019
  12. ^ "Nissan to invest 4.5 billion PKR in Pakistan". Techjuice. March 28, 2018. Retrieved December 24, 2021.
  13. ^ "Ghandhara Nissan announces to manufacture Chery passenger cars in Pakistan". February 4, 2021.
  14. ^ a b "Ghandhara Nissan (GHNL) announces assembly of Chery Tiggo 4 Pro, Tiggo 8 Pro SUVs". Brecorder. 2022-03-31. Retrieved 2022-03-31.
  15. ^ a b c d e f g "Welcome".
  16. ^ "Welcome".
  17. ^ "Welcome".
  18. ^ "Ghandhara Nissan to Launch JAC T6 Double Cabin Pickup in Pakistan". 12 April 2018.
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