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Ghandhara Automobiles Limited

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Ghandhara Automobiles
Company typePublic
PSX: GAL
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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