Nexus Automotive (Pvt) Ltd is the exclusive importer and progressive manufacturer of General Motors products in Pakistan. The company was founded by M.A. Razaq, an expatriate Pakistani who retired as Corporate Vice President of General Motors Corporation, 1999. Balubaid Establishment of Saudi Arabia, a diversified group involved in automotive, real estate, and other industrial businesses, is an investor in the assembly business of Nexus Automotive. Currently, the company is private, with ownership distributed between Pakistani and Saudi families. Nexus uses idle capacity at the Ghandhara Nissan Limited plant at Port Qasim to assemble vehicles, under a contract assembly agreement. Nexus is currently the only independent, non-GM entity in Asia which assembles General Motors products under GM quality standards. According to Nexus, the company maintains the highest quality standards for assembled vehicle quality in Pakistan.
The project is estimated at 15 million US dollars and GM-Chevrolet has provided the appropriate support to all concerned to ensure that the local components and the car assembled here meet GM quality standards and customer expectations. The company also plans to export its models to other countries in South Asia and Africa. The source of assembly kits and imported units is GM Daewoo, a GM subsidiary in South Korea that supplies Chevrolet, Opel, Suzuki, and Daewoo branded vehicles to markets including the United States, Latin America, Europe, the Middle East and Africa, Australia and Asia. GM Daewoo is also the corporate center of excellence for GM's global small car platform, code-named Gamma. Current products exported by GM Daewoo include Chevrolet Spark, Aveo, Optra, Captiva, and Epica.
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