Europe’s leading HTV manufacturer SCANIA enters Pakistan

KARACHI

Renowned Swedish heavy commercial vehicle manufacturer SCANIA has awarded exclusive distribution rights to Yousuf Dewan Companies to introduce its comprehensive range of premium trucks, truck-tractors, buses and coaches in Pakistan.

A reliable name in the industry, SCANIA manufactures transportation solutions which are well-known for their build quality, durability and are acclaimed for leadership in fuel efficiency, innovation, and environmental-friendliness across the world.

Yousuf Dewan Companies or YDC is providing its customers best quality automobiles for close to two decades. YDC is associated with world renowned brands such as BMW and Mitsubishi. YDC has also assembled Hyundai and KIA CKD based products in the past. Now YDC intends to cater to the needs of the heavy commercial vehicle customers by joining hands with SCANIA.

Materializing the shared vision, the distributorship agreement was signed between Executive Vice President, Sales and Marketing, SCANIA Christian Levin and Chairman Yousuf Dewan Companies Dewan Muhammad Yousuf Farooqui, in the presence of high officials from both the companies and renowned customers of heavy commercial vehicles. Under the agreement, Yousuf Dewan Truck and Bus Company (YDT&BC) shall serve as the sole distributor of SCANIA vehicles in Pakistan.

Sharing his thoughts on the occasion, Christian Levin of SCANIA said: “We are delighted to introduce our quality trucks and buses in Pakistan in collaboration with YDT&BC. Pakistan is quickly emerging as a preferred investment destination in the world. The automotive industry, in particular, sees a lot of investment potential in wake of China-Pakistan Economic Corridor. The vision behind introducing our products is to explore the full potential of the Pakistani market by raising the bar higher for competition.”

“Our entry into the market will not only strengthen our business but will go on to supplement Pakistan’s growth and progress on its socio-economic front by creating multifarious employment and business opportunities. We are committed to expanding our investment in the country and will explore the prospects of manufacturing our products here in Pakistan.”

Commenting on the development, Dewan Muhammad Yousuf Farooqui of YDC said: “I believe it is an opportune time for SCANIA to enter Pakistan market as our economy is growing by leaps and bounds especially the truck and bus sector is witnessing unprecedented exponential growth.”

Must Read

Pakistan’s IT exports could exceed $25b through better utilization of resources:...

ISLAMABAD: Prime Minister Shehbaz Sharif has said that Pakistan's IT exports could exceed twenty-five billion dollars through better utilization of resources and provision of training...