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Lucky Motor Corporation
Lucky Motor Corporation (LMC) is a Pakistani automobile manufacturer and distributor which is a subsidiary of Lucky Cement. History It was founded in 2017 for the purpose of assembling and distributing automobiles from the South Korean automobile manufacturer Kia in Pakistan. Originally incorporated as Kia Lucky Motors Pakistan, the company changed its name to ''Lucky Motor Corporation Limited'' in 2020. It did so because it added Peugeot to its business, similarly assembling, distributing, and marketing Peugeot vehicles in Pakistan. Lucky Motor Corporation continues to assemble and market Kia vehicles. The manufacturing plant became operational in September 2019. Mobile assembly Lucky Motor Corporation (LMC) began assembling Samsung smartphones in Pakistan in December 2021, at its plant in Port Qasim Industrial Zone, Karachi. The Pakistan Telecommunication Authority (PTA) issued authorization for its mobile devices in August 2021. Products Kia * Kia Picanto ''(Ci ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Compact Sport Utility Vehicle
A compact sport utility vehicle or compact SUV is a class of small sport utility vehicles that is larger than mini SUVs, but smaller than mid-size SUVs. However, there is no official definition of the size or dimensions for this market segment. Moreover, some manufacturers have marketed the same model name on different sized vehicles over time. The most common distinction between versions of crossover automobiles and compact-sized SUVs is that the first is based on a car-based unibody platform, while an SUV uses the unibody with welded-in ladder frame or body-on-frame chassis commonly used on trucks. However, manufacturers and common usage has blurred the two terms. Many recent vehicles labelled as compact SUVs are technically compact crossovers and are built on the platform of a compact/ C-segment passenger car, while some models may be based on a mid-size car ( D-segment) or a B-segment platform. The modern compact SUV market segment began in 1983. According to a Car a ...
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Car Manufacturers Of Pakistan
A car, or an automobile, is a motor vehicle with wheels. Most definitions of cars state that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people rather than cargo. There are around one billion cars in use worldwide. The French inventor Nicolas-Joseph Cugnot built the first steam-powered road vehicle in 1769, while the Swiss inventor François Isaac de Rivaz designed and constructed the first internal combustion-powered automobile in 1808. The modern car—a practical, marketable automobile for everyday use—was invented in 1886, when the German inventor Carl Benz patented his Benz Patent-Motorwagen. Commercial cars became widely available during the 20th century. The 1901 Oldsmobile Curved Dash and the 1908 Ford Model T, both American cars, are widely considered the first mass-produced and mass-affordable cars, respectively. Cars were rapidly adopted in the US, where they replaced horse-drawn carriages. In Europe and other ...
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Yunus Brothers Group
Lucky Cement Limited, also known as Lucky Group, is a Pakistani conglomerate headquartered in Karachi, Sindh. Named after the place, Lakki Marwat, where the first plant was commissioned in 1993, Lucky has become one of the largest cement producers in Pakistan. It has 15.3 million tonnes per annum of manufacturing capacity. The company is listed on the Pakistan Stock Exchange. History Lucky Cement Limited was founded in 1993 by Abdul Razzak Tabba. It established a cement manufacturing plant in Pezu located in Lakki Marwat District of the Khyber Pakhtunkhwa Province. Along with 2 other plans located in Karachi. In 1994, Lucky Cement was listed on the Karachi Stock Exchange following an initial public offering. Over the years, Lucky Cement has expanded its business operations with a plant in Nooriabad, Jamshoro District, Sindh and two field plants at Karachi on Super Highway. It exports its loose cement using its own loading and storage terminal at Karachi Port, which has a ...
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Kia Motors
Kia Corporation (, formerly known as Kyungsung Precision Industry (京城精密工業) and Kia Motors Corporation) is a South Korean multinational corporation, multinational Automotive industry, automobile manufacturer headquartered in Seoul, South Korea. It is South Korea's second largest automobile manufacturer, after its parent company, Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019. Kia is owned by Hyundai Motor Company, Hyundai, which holds a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai Motor Group, Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion. Etymology According to the company, "Kia" derives from the Hanja (, 'to arise') and (, which stands for wikt:亞細亞, 亞細亞, meaning 'Asia'); it is roughly translated as "Rising from (East Asia, East) Asia". History Origins and the early expansion Kia was founded on June 9, ...
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Peugeot 2008
The Peugeot 2008 is a subcompact crossover SUV (B-segment) produced by the French automaker Peugeot. Unveiled at the 2013 Geneva Motor Show and positioned below the 3008, the first 2008 replaced the Peugeot 207 SW, as Peugeot did not release an ''SW'' version of its 208. __TOC__ First generation (A94; 2013) The first-generation 2008 was developed under code name "A94" and is based on the PF1 platform, sharing electronic components with Peugeot 208. The revised version was presented at the Geneva Motor Show in March 2016. The 2008, the mass production of which also started, is the first product of the joint venture between the two companies of Peugeot and IKCO named ''IKAP''. The 2008 features a 1.6 inline four Turbo engine, producing and of torque at 4,000 rpm. The 2008's six speed automatic gearbox transfers the engine power to the front wheels. It is available with a five speed manual gearbox, or a six speed manual, according to engine size. As of 2017, it became a ...
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Minivan
Minivan (sometimes called simply a van) is a car classification for vehicles designed to transport passengers in the rear seating row(s), with reconfigurable seats in two or three rows . The equivalent classification in Europe is MPV (multi-purpose vehicle), people carrier, or M-segment. Compared with a full-size van, most minivans are based on a passenger car platform and have a lower body. Early models such as the Ford Aerostar and Chevrolet Astro utilized a compact pickup truck platform. Minivans often have a 'one-box' or 'two-box' body configuration, a higher roof, a flat floor, sliding doors for rear passengers, and high H-point seating. The largest size of minivans is also referred to as 'Large MPV' and became popular following the introduction of the 1984 Dodge Caravan and Renault Espace. Typically, these have platforms derived from D-segment passenger cars or compact pickups. Since the 1990s, the smaller compact MPV and mini MPV sizes of minivans have also become ...
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Kia Carnival
The Kia Carnival () is a minivan manufactured by Kia since 1998. It is marketed globally under various nameplates, prominently as the Kia Sedona. The first-generation Carnival was introduced in January 1998, and was marketed in a single, short wheelbase version. Second-generation models were marketed (2006–2014) in short and long wheelbase variants. A rebadged variant of the second generation was offered in North America as the Hyundai Entourage (2007–2009). Beginning in 2010, the second-generation model received updated equipment, including Kia's corporate Tiger Nose grille, as introduced by its then new design chief, Peter Schreyer. Kia introduced its third-generation minivan in 2014, solely in a long wheelbase format. The fourth generation was introduced in 2020, when Kia also began using the Carnival nameplate worldwide. __TOC__ First generation (KV-II; 1998) The first generation model was manufactured and marketed differently for specific regions, including ...
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Kia Sorento
The Kia Sorento () is a series of two-wheel-drive and four-wheel-drive family SUVs manufactured by the South Korean manufacturer Kia since 2002 through four generations. Initially a compact SUV built on a body-on-frame chassis, the second-generation Sorento transitioned to a larger car-based platform which placed it into the mid-size crossover SUV class, and has been developed alongside the Hyundai Santa Fe. , the Sorento is positioned between the smaller Sportage and the larger Telluride in Kia's SUV global lineup. First generation (BL; 2002) 2002–2006 Debuting in Late 2001, the first generation Sorento was a traditional truck-based body-on-frame SUV. All American Sorentos also came with dual front airbags and dual side-curtain airbags in the front and rear. An optional four-wheel drive system with low range received praise for adding to the vehicle's off-road ability. It had two transmission options, a 5-speed manual or 4- and 5-speed automatic (pre-2005 ...
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Crossover (automobile)
A crossover, crossover SUV, or crossover utility vehicle (CUV) is a type of automobile with an increased ride height that is built on unibody chassis construction shared with passenger cars, as opposed to traditional sport utility vehicles ( SUVs), which are built on a body-on-frame chassis construction similar to pickup trucks. A term that originated from North America, the term crossover was initially used for any vehicle that blends characteristics between two different kinds of vehicles while, over time, crossover predominantly refers to unibody-based SUVs. The term SUV is often used as an umbrella term for both crossovers and traditional SUVs due to the similarities between them. Compared to traditional SUVs, crossovers are known to be less capable of use in off-road conditions or hauling heavy loads while offering other advantages such as improved fuel economy and handling. Compared to traditional cars with lower ride height and lower roofs such as sedans and h ...
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Kia Stonic
The Kia Stonic () is a subcompact crossover SUV (B-segment) manufactured by Kia Motors. Its name is derived from the words "speedy" and "tonic". The Stonic debuted in Frankfurt on 20 June 2017 and in South Korea on 13 July 2017, and was released in the fourth quarter of 2017. It is marketed as the Kia KX1 in China. Overview The Kia Stonic made its debut at the 2017 International Motor Show Germany. It is the smallest in Kia's SUV lineup, below the Niro, Sportage, and Sorento. The Stonic shares its platform and interior with the fourth generation Kia Rio. The Stonic is offered with a choice of four engines: a turbocharged 1.0-litre three-cylinder engine, a 1.2-litre four-cylinder engine, a 1.4-litre four-cylinder engine, and a 1.6-litre CRDi four-cylinder diesel engine. In 2020, the 1.6 diesel got a 48 volt mild hybrid addition, called the 'EcoDynamics+'. The Stonic was discontinued in South Korea in September 2020 due to sluggish sales. The facelifted model of the Ston ...
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Kia Sportage
The Kia Sportage () is a series of automobiles manufactured by the South Korean manufacturer Kia since 1993 through five generations. Initially a compact SUV built on a body-on-frame chassis, the second-generation Sportage transitioned to a car-based platform which placed it into the compact crossover SUV class, and was originally developed alongside the Hyundai Tucson and since the fifth-generation model launched in 2021, in two sizes with different wheelbase lengths for different markets, alongside the Hyundai Santa Fe and the Kia Sorento. The Sportage has been the best-selling Kia model globally since 2016 after surpassing the Rio. In 2018, the model reached the 5 million production milestone. , the Sportage is positioned between the Seltos or Niro and the three-row Sorento in Kia's SUV global lineup with the latter sharing platform with the Sportage. __TOC__ First generation (NB; 1993) The first-generation Kia Sportage was developed with a Mazda Bongo enginee ...
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