Sazgar

Pakistani automotive manufacturer From Wikipedia, the free encyclopedia

Sazgar Engineering Works Limited (Urdu pronunciation: [sɑːz.ˈɡɑːr] sahz-GAHR) is a Pakistani automotive assembler headquartered in Lahore. It specialises in the assembly of cars and rickshaws.[2]

Native name
سازگار
Company typePublic
PSX: SAZEW
KSE 100 component
KSE 30 component
IndustryAutomotive
Quick facts Native name, Company type ...
Sazgar
Native name
سازگار
Company typePublic
PSX: SAZEW
KSE 100 component
KSE 30 component
IndustryAutomotive
Founded1991
FounderMian Asad Hameed
HeadquartersLahore, Pakistan
Area served
Pakistan
Key people
Saira Asad Hameed (Chairman)
Mian Asad Hameed (CEO)
ProductsAutomobiles, engines
RevenueIncrease Rs. 108.694 billion (US$390 million) (2025)
Increase Rs. 26.739 billion (US$96 million) (2025)
Increase Rs. 16.336 billion (US$58 million) (2025)
Total assetsIncrease Rs. 41.736 billion (US$150 million) (2025)
Total equityIncrease Rs. 23.707 billion (US$85 million) (2025)
OwnerMian Asad Hameed (41.85%)
Mian Muhammad Ali Hameed (11.61%)
Saira Asad Hameed (6.41%)
Number of employees
1,552 (2025)
Websitesazgarautos.com
Footnotes / references
Financials as of 30 June 2025[1]
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History

Sazgar Engineering Works was founded in September 1991 as a private limited company.[3] It was converted into a public limited company in November 1994.[3] In 1996, it was listed on the Karachi Stock Exchange.[3]

In 2022, Haval H6 HEV vehicle was launched. It is assembled under a joint venture of Sazgar Engineering Works Ltd and Great Wall Motor of China.[4]

Sazgar has been producing motorized rickshaws since 2005. In February 2024, it became the first company in Pakistan to obtain a license to produce electric three-wheelers. As of February 2026, Sazgar holds approximately a 30% share of the Pakistani rickshaw market, producing 3350 units monthly[5], including around 30 electric models.[6]

Products

BAIC

The company reached an agreement with Chinese vehicle manufacturer BAIC to launch of three vehicles in Pakistan, which include:[7]

Great Wall Motor

The vehicles of Haval and Ora are assembled under a joint venture between Sazgar and Great Wall Motor of China.[8][4]

References

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