 | |
| Company type | Unlisted public |
|---|---|
| Industry | Automotive |
| Founded | 2017 |
| Headquarters | Lahore and Faisalabad in Pakistan |
Area served | Pakistan |
Key people | Hassan Mansha (CEO) |
| Products | Automobiles |
| Revenue |  Rs. 52.132 billion (US$180 million) (2023) |
 Rs. 2.854 billion (US$9.9 million) (2023) | |
| Rs. 1.226 billion (US$4.2 million) (2023) | |
| Total assets | Rs. 48.550 billion (US$170 million) (2023) |
| Total equity | Rs. 19.376 billion (US$67 million) (2023) |
| Owner | Sojitz (40%) Millat Tractors (15.86%) Adamjee Insurance (10%) DG Cement (10%) Nishat Mills (10%) Security Insurance (10%) |
| Parent | Nishat Group |
| Website | hyundai-nishat |
| Footnotes / references Financials as of 31 December 2023[update] [1] | |
Hyundai Nishat Motors (Urdu: 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]
- ^ "Hyundai Nishat Motors Annual Report 2023" (PDF). Retrieved 4 November 2024.
- ^ "HYUNDAI". hyundai-nishat.com.
- ^ "PM Abbasi breaks ground on Hyundai-Nishat vehicle assembly plant in Faisalabad". 20 December 2017. Retrieved 9 January 2018.
- ^ Haq, Shahram. "Hyundai Nishat Motors raring to go, but hybrid vehicles on the back seat". Retrieved 9 January 2018.
- ^ Staff Report (2021-01-05). "Hyundai Pakistan vows to boost production by100pc in Q1CY21". Profit by Pakistan Today. Retrieved 2021-01-05.