Ghandhara Automobiles Limited (GAL): Hybrid Launch to Restore Former Glory – By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Ghandhara Automobile Ltd. (GAL) is involved in the assembly and sale of commercial vehicles as well as passenger cars. Company primarily engages in local assembly of JAC trucks alongside Chery SUVs, and also provides toll manufacturing services for its associate, Ghandhara Industries Ltd. (GHNI), under the brand name 'ISUZU'. Additionally, company imports and sells completely built units (CBUs) of Dongfeng and Renault. Currently, GAL has an assembly capacity of 4.8k units per annum for heavy and light commercial vehicles and 6.0k units per annum for passenger cars (both on single shift basis).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">From a low base of last year, company saw notable impro...