Honda Atlas Cars

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, based in Lahore, Pakistan.

Not to be confused with Atlas Honda.

Honda Atlas Cars Pakistan Ltd.
TypeJoint venture
PSX: HCAR
IndustryAutomotive
Founded1992
Headquarters
Lahore
,
Pakistan
Key people
ProductsAutomobiles
RevenueDecrease Rs. 95.1 billion (US$330 million)[1] (2023)
Decrease Rs. 2.3 billion (US$8.0 million) (2023)
Decrease Rs. 260 million (US$900,000) (2023)
Total assetsDecrease Rs. 62.7 billion (US$220 million) (2023)
Total equityDecrease Rs. 19.2 billion (US$66 million) (2023)
ParentHonda (51%) Atlas Group (30%)[2]
WebsiteOfficial website

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

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]

Products

Sedans

SUVs & MPVs

Former Vehicles

See also

References
  1. "Honda Atlas Cars Pakistan Ltd - 2023 Annual Report" (PDF). Honda Atlas Cars. 31 March 2023. Retrieved 23 October 2023.
  2. "Honda Atlas Cars (HCAR)". 1 March 2017.
  3. Honda Atlas Cars (Pakistan) Limited on Reuters.com business website (Stock quote and company profile) Retrieved 2 May 2019
  4. "Corporate corner: Honda Atlas achieves highest sales milestone   - The Express Tribune (newspaper)". 4 January 2017. Retrieved 3 May 2019.
  5. "Honda Atlas posts Rs1.49b profit, up 143% - The Express Tribune (newspaper)". 26 January 2017. Retrieved 3 May 2019.
  6. "Car sales drop slightly". Dawn (newspaper). 11 February 2017. Retrieved 3 May 2019.


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