Company type | Private Company |
---|---|
Industry |
|
Founded | 1965 |
Founder | Abdul Khalek Bhuiyan |
Headquarters | Dhaka, Bangladesh |
Key people |
|
Revenue | BDT 2,500 Crores |
Total assets | BDT 40. 00 B [1] |
Number of employees | 7,000+ |
Website | meghna |
Meghna Group [2] is one of the largest Bangladeshi conglomerates. [3] [4] The industries under this conglomerate include automobile, light engineering, bicycle, tire, cement, packaging, textile etc. Meghna Group was established by Bangladeshi entrepreneur Mizanur Rahman Bhuiyan. [1] It is Bangladesh's largest bicycle manufacturer and exporter. The company sales bicycle as well as in countries like Germany, UK and other parts of Europe. Meghna Group is one of the top garments manufacturer in Bangladesh exporting to Europe high end fashion brands. Meghna group is a renowned car distributor with a proven track record of successfully launching and promoting various automobile brands like BMW, KIA, and Ford in Bangladesh. Recently, the company has started car manufacturing under the name of Meghna Car Manufacturing Ltd. [5]
Meghna Group has also invested in Prime Bank, a commercial bank in Bangladesh. [6]
In January 2023, M&U Motors has launched Ford in Bangladesh as exclusive distributor of different models of Ford passenger and commercial vehicles. In June 2023, Executive Motors launches BMW 735i in Bangladesh. [7] In 2024, Meghna Car Manufacturing started its operation by assembling KIA passenger cars in Bangladesh.
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by revenue.
Kia Corporation is a South Korean multinational automobile manufacturer headquartered in Seoul, South Korea. It is South Korea's second largest automobile manufacturer, after its parent company, Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019. As of 2015, Kia is owned by Hyundai, which holds a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion.
MG Rover Group was a British carmaker that existed between 2000 and 2005. It was the last domestically owned mass-production car manufacturer in the British motor industry. The company was formed when BMW sold the car-making and engine manufacturing assets of the original Rover Group to Phoenix Venture Holdings in 2000.
The Rover Group plc was the British vehicle manufacturing conglomerate known as "BL plc" until 1986, which had been a state-owned company since 1975. It initially included the Austin Rover Group car business, Land Rover Group, Freight Rover vans and Leyland Trucks. The Rover Group also owned the dormant trademarks from the many companies that had merged into British Leyland and its predecessors such as Triumph, Morris, Wolseley, Riley and Alvis.
Peugeot S.A., trading as Groupe PSA was a French multinational automotive manufacturing company which produced automobiles and motorcycles under the Peugeot, Citroën, DS, Opel and Vauxhall brands. On 18 December 2019, PSA and Fiat Chrysler Automobiles (FCA) announced that they had agreed to the terms of a binding $50 billion merger. On 16 July 2020, both companies announced the new name for their merged operations, Stellantis. The deal closed on 16 January 2021. As of 2022, Stellantis is the fourth largest automaker by sales behind Toyota, Volkswagen Group, and Hyundai Motor Group.
The International Motor Show Germany or International Mobility Show Germany, in German known as the Internationale Automobil-Ausstellung, is one of the world's largest mobility trade fairs. It consists of two separate fairs, that subdivided in 1991. While the IAA Mobility displays passenger vehicles, motorcycles and bikes, the IAA Transportation specializes in commercial vehicles. Before the separation, the show was held solely at the Messe Frankfurt.
Jardine Cycle & Carriage Limited is the investment holding company of the Jardine Matheson Group in Southeast Asia. It is currently 75%-held by the conglomerate.
Lists of automobile-related articles cover a wide range of topics related to cars. The lists are organized by manufacturer, region, sport, technology and so on.
The automotive industry in India is the world's fourth-largest by production and valuation as per 2022 statistics. As of 2023, India is the 3rd largest automobile market in the world in terms of sales.
The history of the motorcycle begins in the second half of the 19th century. Motorcycles are descended from the "safety bicycle," a bicycle with front and rear wheels of the same size and a pedal crank mechanism to drive the rear wheel. Despite some early landmarks in its development, the motorcycle lacks a rigid pedigree that can be traced back to a single idea or machine. Instead, the idea seems to have occurred to numerous engineers and inventors around Europe at around the same time.
The Auto Expo is a biennial automotive show held in Greater Noida, NCR, India.
Chennai is nicknamed the "Detroit of Asia" due to the presence of major automobile manufacturing units and allied industries around the city.
The automotive industry in Pakistan is one of fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th largest producer of automobiles. Its contribution to the national exchequer is nearly US$5.4 billion. Pakistan's auto market is among the fastest growing in Asia. 384,000 cars were sold in 2023. In the 1990s and early 2000s, Pakistan had many Japanese cars. With the launch of the first Auto Policy in 2005, Pakistan launched its first indigenous car, Adam Revo. However, after the 2008 elections, the dollar started depreciating, and due to bad governance, many automakers began to halt production, with some exiting Pakistan. Currently, the auto market is dominated by Honda, Toyota, Hyundai, Kia and Suzuki. However, on 19 March 2016, Pakistan passed a second "Auto Policy 2016-21," which offers tax incentives to new automakers to establish manufacturing plants in the country. In response, Renault, Nissan, Proton Holdings, Kia, SsangYong, Volkswagen, FAW, and Hyundai have expressed interest in entering the Pakistani market. MG JW Automobile Pakistan has signed a memorandum of understanding (MoU) with Morris Garages (MG) Motor UK Limited, owned by SAIC Motor, to bring electric vehicles to Pakistan. NLC signed an agreement with Mercedes-Benz to manufacture Mercedes Actros trucks in Pakistan. Pakistan has not enforced any automotive safety standards or model upgrade policies. A few older vehicle models, including the Bolan and Ravi, continue to be sold by Suzuki. On 8 July 2021, Jolta Electric launched the production of electric motorcycles.
The automotive industry in Bangladesh is the third largest in South Asia.
This article provides an overview of the automotive industry in countries around the world.
The automotive industry in South Korea is the fifth-largest in the world as measured by automobile unit production and also the five-largest by automobile export volume.
Meghna Group of Industries (MGI) is one of the largest Bangladeshi industrial conglomerates. The industries under this conglomerate include chemicals, cement, consumer products, real estate, insurance, securities, utilities, etc.
Abbey Panels Ltd., originally The Abbey Panel & Sheet Metal Co. Ltd., was a Warwickshire-based coachbuilding company founded on Abbey Road, Nuneaton in 1941, initially assembling Supermarine Spitfires for the ongoing war effort. The original partners were Edward Loades, Les Bean, Bill Woodhall and Ernie Wilkinson. As the business grew they expanded to Old Church Road, Coventry before having their main manufacturing plant on the well known Bayton Road Industrial Estate in Exhall. In 1967, Ted Loades listed the business on the London Stock Exchange (LSE) and it became known as Loades PLC, with Abbey Panels its main brand, alongside Albany Zinc (castings), Loades Dynamics (machining) and Loades Design . The company specialised in producing handmade prototype car bodies and did so for many notable car companies including: Bristol Cars, Lea Francis, Jaguar Cars, Rover, MG, Healey, Rolls-Royce, Buick, Lincoln, Volvo and BMW amongst others. They fashioned the bodywork of cars such as the Le Mans winning Ford GT40, numerous Jaguars, the original Mark I Land Rover Station Wagon, Jim Clark's Lotus 38 and Stirling Moss's 1957 Pescara Grand Prix winning Vanwall. They also produced many specialist parts for the aerospace industry, particularly for Rolls-Royce plc, such as the Rolls-Royce Pegasus engine duct of the Harrier jump jet.
BMW South Africa (Pty) Ltd. is an automobile manufacturer based in Rosslyn, South Africa. The company is part of the BMW group.
The automotive industry in the Philippines is one of the largest in the Asia-Pacific region, with approximately 441.4 thousand vehicles sold in 2023. Most of the vehicles sold and built in the Philippines are from foreign brands. For the most part, the Philippines is dominated by Japanese automobile manufacturers like most of its ASEAN neighbors. The automobile production in the country is covered under the Philippine Motor Vehicle Development Program implemented by the Board of Investments. In addition, there are also a small number of independent firms who assemble and fabricate jeepneys and other similar vehicles, using surplus engines and drivetrain parts mostly from Japan.