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 disinvestments by the
other two founding sponsors. This decision to invest in Hinopak
at a time when the country's economy was passing through a depression
and the sale of commercial vehicles was at an all time low reflects
the confidence our Principals have in our company and their commitment
to the Pakistani market. Hinopak is the trusted market leader
with over 50% share in the Pakistani Truck and Bus industry. Hinopak
a vital contributor in saving of foreign exchange is also providing
jobs and plays a pivotal role for 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".