Honda Atlas Cars Pakistan (Urdu: ہونڈا اٹلس) is a Pakistani automobile manufacturer which is a subsidiary of Japanese car maker Honda. Founded in 1992, as a joint venture between Honda Motor and Atlas Group, it is based in Lahore, Pakistan.
 | |
| Company type | Joint venture |
|---|---|
| PSX: HCAR KSE 100 component | |
| Industry | Automotive |
| Founded | 1992 |
| Headquarters | , Pakistan |
Key people | |
| Products | Automobiles |
| Revenue |  Rs. 95.1 billion (US$330 million)[1] (2023) |
| Rs. 2.3 billion (US$8.0 million) (2023) | |
| Rs. 260 million (US$900,000) (2023) | |
| Total assets | Rs. 62.7 billion (US$220 million) (2023) |
| Total equity | Rs. 19.2 billion (US$66 million) (2023) |
| Parent | Honda (51%) Atlas Group (30%)[2] |
| Website | honda |
The company stock is traded on the Pakistan Stock Exchange.[3]
Honda Atlas is the authorized assembler and manufacturer of Honda vehicles in Pakistan.[4]
History
editHonda Atlas was incorporated on 4 November 1992, while the joint venture agreement was signed on 5 August 1993.[5] The manufacturing plant was inaugurated 17 April 1993 and the first car rolled off the assembly line on 26 May 1994. By July 1994, six dealerships were established in Karachi, Lahore, and Islamabad.[6][4] In October 1994, it was listed on the Karachi Stock Exchange.[7]
Products
editSedans
editSUVs & MPVs
editFormer Vehicles
editSee also
editReferences
edit- ^ "Honda Atlas Cars Pakistan Ltd - 2023 Annual Report" (PDF). Honda Atlas Cars. 31 March 2023. Retrieved 23 October 2023.
- ^ "Honda Atlas Cars (HCAR)". 1 March 2017.
- ^ Honda Atlas Cars (Pakistan) Limited on Reuters.com business website (Stock quote and company profile) Retrieved 2 May 2019
- ^ a b c "Corporate corner: Honda Atlas achieves highest sales milestone". The Express Tribune. 4 January 2017. Retrieved 3 May 2019.
- ^ "Honda Atlas posts Rs1.49b profit, up 143%". The Express Tribune. 26 January 2017. Retrieved 3 May 2019.
- ^ a b "Car sales drop slightly". Dawn. 11 February 2017. Retrieved 3 May 2019.
- ^ "Honda Atlas Cars". 23 August 2003.
External links
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