Honda Atlas Cars
 | |
| 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 |
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.
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
[edit]Honda 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
[edit]Sedans
[edit]SUVs & MPVs
[edit]Former Vehicles
[edit]See also
[edit]References
[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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|---|---|
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- Honda
- Car manufacturers of Pakistan
- Manufacturing companies based in Lahore
- Vehicle manufacturing companies established in 1992
- Pakistani companies established in 1992
- 1994 initial public offerings
- Pakistani subsidiaries of foreign companies
- Companies listed on the Pakistan Stock Exchange
- Companies in the KSE 100 Index
- Motor vehicle company stubs
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