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Ghandhara-Chery agreements expire today

Ghandhara Automobiles signs agreements with Chery Automobile
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January 22, 2025 (MLN): The agreements signed by Ghandhara Automobiles Limited (PSX: GAL) with Chery Automobile Co., Limited, including the Distribution Agreement and KD Supply Agreement, are set to expire today.

Under these agreements, GAL has been appointed as the exclusive distributor and authorized representative of Chery Automobiles Co. Limited in Pakistan, according to the company's statement issued today.

It is mentioned that both GAL and Chery Automobile Co., Limited are still in negotiations to ensure a smooth transition.

According to the understanding between both parties, GAL will continue to sell Chery brand vehicles and provide aftersales services to its customers during the transition period.

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