Ghandhara Automobiles | |
Type: | Public |
Foundation: | 1981 |
Location: | Karachi, Sindh, Pakistan |
Key People: | Ahmed Kuli Khan Khattak (CEO) |
Industry: | Automotive |
Products: | Chery, Dongfeng, JAC, Renault Trucks |
Area Served: | Pakistan |
Assets Year: | 2023 |
Equity Year: | 2023 |
Revenue Year: | 2023 |
Income Year: | 2023 |
Net Income Year: | 2023 |
Num Employees: | 1,060 |
Num Employees Year: | 2023 |
Owner: | Bibojee Services (57.75%) |
Parent: | Bibojee Group |
Subsid: | Ghandhara Industries Limited (19.09%) |
Footnotes: | Financials [1] |
Ghandhara Automobiles Limited (ur|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]
Ghandhara Nissan (Ghandhara Automobiles) was incorporated in 1981 for the distribution of completely built-up (CBU) Nissan vehicles in Pakistan. In 1992, it became a publicly listed company on the Karachi Stock Exchange. 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.[7]
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.
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]