Hino Motors Japan and Toyota Tsusho Corporation in
collaboration with Al-Futtaim Group of UAE and PACO Pakistan
formed Hinopak Motors Limited in 1986.
In
1998, Hino Motors Ltd., and Toyota Tsusho Corporation
obtained majority shareholding in the company after
disinvestment by the other two founding sponsors.
The
decision to invest in Hinopak at the time when the country
was passing through economic turmoil and the sales of
commercial vehicles were at extreme depression. However, our
Principals reflects confidence on Hinopak and showed their
commitment to Pakistani market.
Soon Hinopak became the trusted market leader in the
Pakistani Truck and Bus industry. As a leader, Hinopak is a
vital contributor in saving foreign exchange, providing jobs
and plays a pivotal role in the development of the local
industry through its progressive manufacturing.
By
continuing to move forward and staying alert to the
ever-changing market & social needs, Hinopak will continue
to be a successful and respected corporate citizen of
Pakistan, reflecting their commitment and belief in the
Hinopak corporate philosophy to "contribute to the
development of a more prosperous and comfortable society by
providing the world with a new set of values".
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