Ghandhara Nissan, JAC Motors to cooperate for assembly, import & distribution of X 200 vehicles

Ghandhara Nissan Limited (GNL) and Anhui Jianghuai Automobile Group Corp., Ltd have announced an exclusive cooperation whereby assembly, import and distribution of Model X200 light commercial vehicles will be facilitated. This was notified through a notification sent to the Pakistan Stock Exchange (PSX).

JAC motors officially known as Anhui Jianghuai Automobile Co., Ltd. is a Chinese state-owned automobile and commercial vehicle manufacturer based in Hefei Anhui Province in China.

GNL is a group company of Bibojee Services that has the sale license for distribution of Nissan vehicles in Pakistan.

GNL, already has a Technical Assistance Agreement with Nissan Motor Co. Japan and joint Venture Agreement with Nissan Diesel Co. Japan for the progressive Assembly of Passenger Cars, Light Commercial Vehicles and Heavy Duty Vehicles. GNL’s vehicle plants are located at Port Qasim.

Moreover, GNL enjoys the repute of being the only company in Pakistan that assembles a complete range of product i.e. passengers cars, light commercial vehicles and heavy-duty trucks and buses.

The Company is committed to meeting domestic transportation needs by continuously striving to provide economical yet high-quality commercial vehicles.

The stock for GNL is currently trading at Rs 272.40 rising by Rs 10.30 (3.78pc).

2 COMMENTS

Comments are closed.

Must Read

Jazz has been trying to sell its towers for seven years....

The first attempt to sell their towers and go asset light fell through in 2018. A second deal was struck in 2022 and has continued to drag along with no updates