Pakistani auto market is monopolized by the Toyota, Honda and Suzuki. According to reliable sources the official of Nissan and Renault met with officials form Board of investment and Engineering Development Board in a meeting to discuss the plan of introducing new cars by Nissan and Renault in Pakistan. Groupe Renault is a French multinational automobile manufacturer. Nissan is a Japanese multinational automobile manufacturer.
Miftah Ismail, chairman of Board of Investment Said,
“We expect there will be one or two foreign investors coming into Pakistan…. hope some people will bite”. He further said that we would like to have as many manufacturers as possible in Pakistan by ensuring protection to our local manufacturers.
Nissan chief spokesperson Jonathan Adashek said: “Pakistan is certainly a market of interest for us at present”, but added no final decision had been made.