Hyundai Pakistan vows to boost production by 100pc in Q1CY21

LAHORE: Hyundai Pakistan is likely to boost its production by 100 per cent in the first quarter of the calendar year 2021 (Q1C21).

According to a statement issued by Hyundai-Nishat Motor (Pvt) Ltd. CEO Hassan Mansha, double shift operations would ensure that capacity is further enhanced by the end of Q2CY21.

“This will ensure that Hyundai-Nishat continues to play its part by creating further employment opportunities as network and capacity are expanded,” he added.

The Nishat group-owned company also vowed that customers will benefit from not having to face delays and long waiting times as orders are rolled out at a fast pace.

In 2017, Hyundai came back after a partnership with Nishat Group.

The company launched the Hyundai Tucson crossover SUV in August 2020 to compete in the recently growing crossover SUV market of Pakistan.

 

Must Read

Pakistan government considers imposing carbon levy in 2025-26 budget

Federal discussions with IMF to include carbon tax proposals, along with green budgeting and climate initiatives, in upcoming budget talks.