Honda Atlas Cars

For the motorcycle manufacturer, see Atlas Honda.

Honda Atlas Cars Pakistan 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.

Honda Atlas Cars Pakistan Ltd.

Company type	Joint venture
Traded as	PSX: HCAR KSE 100 component
Industry	Automotive
Founded	1992
Headquarters	Lahore , Pakistan
Key people	Takafumi Koike (CEO) Aamir H. Shirazi (Chairman)
Products	Automobiles
Revenue	Rs. 95.1 billion (US$330 million)[1] (2023)
Operating income	Rs. 2.3 billion (US$8.0 million) (2023)
Net income	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.com.pk

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] In October 1994, it was listed on the Karachi Stock Exchange.^[7]

Products

Sedans

• Honda City^[4]
• Honda Civic^[6]
• Honda Accord

SUVs & MPVs

• Honda BR-V
• Honda HR-V

Former Vehicles

• Honda CR-Z
• Honda CR-V

See also

• Automotive industry in Pakistan
• Atlas Group
• Honda