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Lucky Motor Corporation (LMC) is a Pakistani automobile manufacturer and distributor which is a subsidiary of Lucky Cement.

Quick Facts Company type, Industry ...
Lucky Motor Corporation
Company typeSubsidiary
IndustryAutomotive
Founded2017; 7 years ago (2017)
HeadquartersKarachi, Pakistan
ProductsAutomobiles
RevenueDecrease Rs. 82.0 billion (US$280 million) (2023)
Decrease Rs. 9.0 billion (US$31 million) (2023)
Total equityIncrease Rs. 33.0 billion (US$110 million) (2023)
OwnerLucky Cement (71.55%)
Number of employees
2000+
ParentLucky Cement
Websiteluckymotorcorp.com
Footnotes / references
Financials as of 30 June 2023 [1]
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History

It was founded in 2017 for the purpose of assembling and distributing automobiles from the South Korean automobile manufacturer Kia in Pakistan.[2] Originally incorporated as Kia Lucky Motors Pakistan, the company changed its name to Lucky Motor Corporation Limited[3] 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.[4][5]

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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.[6]

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Products

Kia

Peugeot

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References

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