Honda has introduced the CG125 Special in China via its retailer Wuyang Honda. The CG 125 resembles the Pakistani Honda CG 125 that is sold by Atlas Honda. In comparison to modern motorcycles, it has a totally analogue instrument cluster that appears archaic and rudimentary. It is, indeed, one of the features that distinguishes the … Read more
Atlas Honda has teamed up with Silk Bank to offer a 24-month instalment plan for its motorcycles. The world’s largest motorcycle manufacturer is attempting to increase the soaring demand for its vehicles. According to a report, Silk Bank credit cardholders can buy a Honda bike at a 0% interest rate and pay it off in … Read more
KARACHI: AlfaMall, an e-commerce platform and Atlas Honda, have enabled customers to acquire their required means of transportation on installments in an affordable and convenient manner, a statement said. In celebration of Honda’s CD-70 motorcycle being the star performer at AlfaMall, sold on installments at zero per cent markup, both organisations hosted a prize distribution … Read more
Exports boost Al Shaheer 80% revenue Preference for the Al Shaheer Corporation (ASC) stems from diversification into frozen food business, insulation against the rupee depreciation, and attractive trading multiples significantly lower than industry peers. The company has a market share of over 8 per cent in the country’s meat exports. ASC derives 80 per cent … Read more
KARACHI: Honda Atlas Cars announced a net profit of Rs446 million translating into earning per share (EPS) of Rs3.12 for the quarter ended December 31, 2021. The company’s profit was recorded at Rs939 million (EPS: Rs6.58) in the previous quarter of the year 2021. The decline in the earnings during the quarter can be attributed … Read more
KARACHI: Pakistan’s largest motorbike manufacturer, Atlas Honda, plans to set up another 5MW solar generation facility at its plant in Sheikhupura, a statement said on Friday. Atlas Energy Limited has sought a generation licence for installing a solar plant at Atlas Honda’s premises, which would cost Rs532.2 million. The company expects to achieve commissioning of … Read more
TOKYO: Japanese car giant Honda revised its annual profit forecast downwards on Friday, warning it sees no immediate end to the chip shortage and supply-chain issues impacting automakers worldwide. The announcement came as the firm logged a drop in net profit in the July-September quarter, although the first-half net profit was buoyed by stronger results seen … Read more
Italian scooter manufacturer, Piaggio announced to set up a consortium with Honda, KTM and Yamaha to encourage the use of swappable batteries for electric motorcycles and light electric vehicles. The Swappable Batteries Motorcycle Consortium (SBMC) wishes to increase the use of light electric vehicles, like scooters, mopeds and motorcycles, along with more sustainable management of … Read more
KARACHI: The sales of locally-manufactured cars have increased 114 per cent on a year on year (YoY) basis in July 2021, according to the latest statistics released by the Pakistan Automotive Manufacturers Association (Pama) on Wednesday. The total sales stood at 24,918 units in July 2021, compared with 11,659 units in the same month of … Read more
KARACHI: The Auto Industry Development Plan (AIDP 2026), which is expected to be finalised by the first week of August, enables grounds for an expansionary cycle for the sector with new entrants coming in and existing players undertaking expansion. “The policy with relevant concessions eyed for setting up Hybrid Electrical Vehicles (HEV) and Electrical Vehicles … Read more
Analysts believe car sales increased 90 per cent in 2020/21 KARACHI: The sales of locally-manufactured cars have increased 62 per cent to 181,397 units in the fiscal year 2020/22, compared with 111,965 units in the preceding fiscal year, analysts quoted the members of the Pakistan Automobile Manufacturers Association (Pama), as saying, on Tuesday. However, the … Read more
Following the discontinuation of the Clarity EV last year, Honda will halt the manufacture of its hydrogen fuel-cell and plug-in hybrid Clarity variants this summer. According to Nikkei, the decision was made due to low demand and Honda’s new focus on electrification. The Clarity fuel-cell vehicle was restricted from the beginning in the United States … Read more
KARACHI: Honda Cars challenges Customs recovery notices worth Rs4.24 billion before the Customs Appellate Tribunal and the Collector of Customs (Appeals), a report issued by the company showed on Monday. In its annual report submitted to the Pakistan Stock Exchange (PSX), Honda Atlas noted that the Collector of Customs (Appeals) had endorsed the demands worth … Read more
Honda Atlas Cars Pakistan Ltd. (HCAR) has announced its profits for the financial year which ended on 31 March 2021. Compared to a profit of Rs. 681 million in the previous year, the company has reported a profit of Rs. 1.79 billion during the current year. Honda Atlas sales during the year grew by 22.4 … Read more
The year 2021 is very exciting for car lovers in Pakistan, a number of new and beautiful cars are launching this year in the country. According to the latest reports, there are four new cars were launching in Pakistan in 2021, these new vehicles included KIA Cerato, Hyundai Elantra, Honda City, and BAIC BJ40 Plus. … Read more
Yet another automaker backed out from President Trump’s efforts to overturn California’s ability to set fuel efficiency rules. Nissan said it was joining General Motors in abandoning the group of car companies that were previously supporting Trump’s efforts. GM made an announcement on 23rd November saying it will leave the group of automakers which include … Read more
