Discover The Domain (Vehicle Comparison)
Hyundai Car prices in Pakistan 2018
Hyundai is multi-national South Korean company whose headquarter is located in Seoul, South Korea. Basically it was started as the construction firm in 1947 and it was under control of Chung Yu-Jung until his death. After his death and East Asian Financial crisis it also went under crisis. Now Hyundai business is limited to manufacturing of lifts, shipping and tourism. Now a days, many companies are using name Hyundai and are not linked to Hyundai e.g. Hyundai departmental store, Hyundai Motor Company. Hyundai, which is word of Korean language, means “modern”. When Hyundai Business was at peak by 1990’s mid, they had lie 200,000 employs with $90 Billion revenue. They were working in many countries having 50 subsidiary companies.
Hyundai in Pakistan is working as Hyundai Nishat which is joint venture between Nishat Mills and Hyundai. Headquarter of Hyundai Nishat is located in Lahore, Pakistan. Hyundai Nishat is only manufacturer of Hyundai cars in Pakistan, currently not manufacturing any car, which will begin their car production in 2019. Previously, Hyundai was partnered with Dewan Farooque Motors and used to assemble car in Pakistan with help of it. But it continued up till 2004 when Dewan Farooque Motors went Bankrupt. Then in 2017, Hyundai came back as Hyundai Nishat. The Goal of Pakistan Government is to loose grip of Japanese Cars like Toyota who manufacture car in Pakistan with help of Local Partners. The production plant of Hyundai Nishat is located in Faisalabad, Pakistan. Models of Car served by Hyundai among the world includes
- i10/Grand i10
- Hyundai i40
- Hyundai Sonata
But none of them is available in Pakistan. The only car of Hyundai which was famous in Pakistan is
- Hyundai Santro
Whose manufacturing has currently been terminated.