Automobile market is one of the largest segments in world trade. In a fast globalized world, this industry is facing huge challenges like cutting cost, upgrading models, improving fuel efficiency and enhancing customers comfort without compromising quality.
I categories automobile industry of Pakistan in different phases.
In first phase, automotive assembling of Bedford truck followed by ford perfect, ford Cortina and Dodge Dart started in 1950s in Pakistan. By the end on the 1970’s the assembling of vehicles came to a freeze due to the low quality value of locally produce vehicle parts but continued the assembling of Bed Ford trucks. By the end of 70s practically all assembling ceased in Pakistan.
In 1983, second phase of automobile assembling started with the introduction of Suzuki FX 800 CC car. And with in six years Pak. Suzuki changed the model of FX 800 CC with Mehran 800 CC. Pak. Suzuki there after introduced Khyber 1000 CC and Margalla 1300 CC in 1992. But in more than ten years, level of participation in development was not significant.
From 1993, Pak automobile industry moves toward development when Indus motors company Ltd. Karachi introduced Toyota Corolla and Honda atlas cars Ltd., Lahore introduced Honda Civic having 1300 CC engine capacity. Smaller cars also introduced by Indus motors, Pak Suzuki and Deewan Farooq motors in 2000. I.e. Cuore 850 CC, Cultus 1000 CC, Santro hundai 1000 CC.
Automobile industry in Pakistan can be broadly divided into following segments:
• Cars & Light Commercial Vehicles. • Trucks and Buses. • Tractors. • Vendor Industry.
It is the industry which operates under franchises and technical cooperation agreements with Japanese, European and Korean manufacturers.
• Two and Three Wheelers
Public companies that are traded on Pakistani stock exchanges.
Automobile assembler
• Ghandhara Industries • Ghandhara Nissan