Hinopak Motors

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Hinopak Motors Limited.
TypeCorporation
IndustryAutomotive
HeadquartersKarachi, Pakistan
Key people
Yoshihiko Nanami, CEO, Muhammad Shahzad Ashfaq ACA COMPANY SECRETARY
ProductsAutomobiles
WebsiteOfficial website

Hinopak Motors (Urdu: ہینو پاک موٹر) is a Pakistani truck and bus manufacturer based in Karachi, Pakistan. It is the largest bus and truck manufacturer in Pakistan[1] and the authorized assembler and manufacturer of Hino vehicles since 1985 at its assembly plant at S.I.T.E Industrial Area.[2]

History

Hinopak was formed in 1985 by Hino Motors, Toyota Tsusho, Al-Futtaim Group and PACO. In 1998, Hino Motors, and Toyota Tsusho Corporation obtained majority shareholding in the company after disinvestments by the other two founding investors.[3] Hinopak Motors has a 70% market share in Pakistan, and gained its highest-ever after-tax profit in FY~2018-19.[4][5][6]

Products

Buses

Trucks

300 series/Hino Dutro

500 series/Hino Ranger

Prime movers

CSR

HinoPak Motors manages a school under the Pakistan Corporate Social Responsibility Program.[7]

See also

References

  1. ^ "Corporate results: Hinopak Motors profit rises to Rs381m". The Express Tribune. Retrieved 30 June 2016.
  2. ^ "Results: Hinopak switches to profit from loss". The Express Tribune. Retrieved 30 June 2016.
  3. ^ "compinfo". hinopak.com.
  4. ^ "Turnaround in Hinopak". Dawn. Retrieved 30 June 2016.
  5. ^ "On the right road: Hinopak Motors driving away with huge profits". The Express Tribune. Retrieved 30 June 2016.
  6. ^ "Market watch: Index suffers from Monday blues". The Express Tribune. Retrieved 30 June 2016.
  7. ^ "Over 150 students help make their school more colourful". The Express Tribune. Retrieved 30 June 2016.

External links