Hyundai Nishat Motors
Hyundai Nishat Motors is a Pakistani automobile manufacturer based in Lahore. 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.
History
Hyundai Nishat was founded in 2017 as a joint venture between Nishat Group, Sojitz, and Millat Tractors. Previously, Hyundai used to assemble cars in Pakistan until 2004, when their local partner Dewan Farooque Motors went bankrupt.Hyundai Nishat Motor signed an investment agreement with the Ministry of Industries and Production under the Automotive Development Policy 2016-21.
Hyundai Nishat Motor launched Elantra sedan in March 2021.
Hyundai Nishat Motor launched Santa Fe mid-size SUV.