Honda Atlas Cars Explained

Honda Atlas Cars should not be confused with Atlas Honda.

Honda Atlas Cars Pakistan Ltd.
Type:Joint venture
Foundation:1992
Hq Location City:Lahore
Hq Location Country:Pakistan
Key People:
Industry:Automotive
Products:Automobiles
Revenue: [1]
Revenue Year:2023
Income Year:2023
Net Income Year:2023
Assets Year:2023
Equity Year:2023
Parent:Honda (51%)
Atlas Group (30%)[2]

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.

History

Honda Atlas was incorporated on 4 November 1992, while the joint venture agreement was signed on 5 August 1993.[4] 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.[5] [6] In October 1994, it was listed on the Karachi Stock Exchange.[7]

Products

Sedans

SUVs & MPVs

Former Vehicles

See also

External links

Notes and References

  1. Web site: 31 March 2023 . Honda Atlas Cars Pakistan Ltd - 2023 Annual Report . 23 October 2023 . Honda Atlas Cars.
  2. Web site: Honda Atlas Cars (HCAR). 1 March 2017.
  3. https://web.archive.org/web/20190501171711/https://www.reuters.com/finance/stocks/company-officers/HATC.KA Honda Atlas Cars (Pakistan) Limited on Reuters.com business website (Stock quote and company profile)
  4. Web site: Honda Atlas posts Rs1.49b profit, up 143% . The Express Tribune. 26 January 2017. 3 May 2019.
  5. Web site: Car sales drop slightly. 11 February 2017. Dawn. 3 May 2019.
  6. Web site: Corporate corner: Honda Atlas achieves highest sales milestone . The Express Tribune . 4 January 2017. 3 May 2019.
  7. Web site: Honda Atlas Cars . 23 August 2003 .