Hyundai Nishat Motors Explained

Hyundai Nishat Motors (ur|ہیونڈے نشاط) 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 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.^[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)
• Hyundai Tucson (compact crossover SUV)
• Hyundai Santa Fe (crossover SUV)^[10]
• Hyundai Porter H-100 (light commercial vehicle/light truck)

Imported

• Hyundai Staria (minivan)
• Hyundai Ioniq 5
• Hyundai Ioniq 6

Discontinued

• Hyundai Santro (city car)
• Hyundai Shehzore (light truck)

See also

• Automotive industry in Pakistan

External links

• Hyundai-Nishat

Notes and References

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