📅 Updated on 29 May, 2025
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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 a majority shareholding in the company after the other two founding sponsors disinvested.
The decision to invest in Hinopak came at a time when the country was experiencing economic turmoil and commercial vehicle sales were in extreme depression. However, our Principals’ confidence in Hinopak reflected their commitment to the Pakistani market.
Soon, Hinopak became the trusted market leader in the Pakistani Truck and Bus industry. As a leader, Hinopak is vital in saving foreign exchange, providing jobs, and playing 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 and social needs, Hinopak will continue to be a successful and respected corporate citizen of Pakistan. This reflects its 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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