Dewan Farooque Motors Begins Local Assembly of KIA Shehzore

• DFML announces the local assembly of KIA Shehzare in Pakistan in 2024.
• DFML looks forward to continuing to serve the people of Pakistan with high-quality products.
• The company’s primary activity involves assembly and progressive manufacturing.

Dewan Farooque Motors Limited (PSX: DFML) has notified the Pakistan Stock Exchange (PSX) about the start of local assembly of KIA commercial vehicles in Pakistan.

“The management of Dewan Farooque Motors Limited is pleased to announce the start of local assembly operations of special purpose KIA Commercial Vehicles in Pakistan with its product KIA SHEHZORE very soon in 2024,” the filing stated.

“We look forward to continuing to serve the people of Pakistan with high-quality products and after-sales services through our strong nationwide dealership network,” it added.

In November 2022, DFML declared that it had engaged in a Technology License Agreement (TLA) with KIA Corporation (Commercial) from the Republic of Korea, focusing on the production and assembly of special-purpose commercial vehicles.

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The main activity of the company involves assembling, progressive manufacturing, and selling vehicles in Pakistan.