Daehan Dewan Motor Company (Private) Limited is a 50:50 joint-venture between KOLAO group and Yousuf Dewan Companies, for the distribution and marketing of DAEHAN range of Light Commercial Vehicles.
Founded in 1997 in Laos, KOLAO group started its operations in the automobile market, and is now the largest private company in LAOS. As one of the most prominent and reputed, professionally managed automobile groups in LAOS, it comprises of twelve companies and employs more than 5,000 personnel.
In 2013, KOLAO ventured into production of its own truck brand DAEHAN. With a production capacity of 20,000 units a year, it is the first manufacturing company in LAOS. Other than fulfilling the local market needs, these trucks are being exported as well.
In 2014, the formation of KR Motors saw KOLAO group venture into the motorcycle business, which is providing for both the local and the international market transportation needs.
The company also has diverse interests in banking, construction, furniture and leisure among others.
Yousuf Dewan owned and managed companies and investments represent the company's entrepreneurial legacy spanning a century of business excellence in the sub-continent. Having completed 100 years of operation in 2016, Yousuf Dewan Companies operate across vital sectors of Pakistani economy including automobiles, cement, renewable energy, sugar, textile, ethanol export and trading.
The automotive division of the group was incorporated in 1998, with the setting up of Dewan Farooque Motors Limited, which over the years has earned national recognition in producing a diversified range of Korean vehicles for various segments.
The formation of Dewan Motors (Private) Limited in October 2002 resulted in the entry of BMW vehicles into the premium segment of the automobile industry of Pakistan. Being exclusive importer for a large range of BMW vehicles, the company is supported by nationwide support centers for after-sales & service.
This was followed by the formation of Dewan Mushtaq Motor Company in September 2004, for exclusive import, sales and after-sales support of Mitsubishi brand of vehicles in Pakistan.
In April 2016, Yousuf Dewan Companies entered into a joint venture with KOLAO group for the manufacture and sale of Daehan brand of pickups in Pakistan. The unveiling of Daehan Shehzore pickup in February 2018 has paved the way for the relaunch of the long awaited Shehzore pickup.
In April 2017, Yousuf Dewan Companies entered into exclusive distributorship agreement with world renowned Scania CV AB of Sweden for import and sale of heavy trucks and buses in Pakistan.