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Atlas Honda Limited, formerly known as Atlas Autos, is a Pakistani motorcycle manufacturer based in Karachi. [2] It is the largest motorcycle maker in Pakistan. [ 3 ] [ 4 ] The company is criticized for lack of innovation and not introducing new technologies and re-releasing same models each year with minor improvements for pakistani consumers.
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 .
Atlas Bangladesh Limited was established in 1966 by Shirazi Group with support from Honda Motor Company Limited. [3] [4] After the independence of Bangladesh, the company was nationalised by the Government of Bangladesh. In 1987, the company was converted to a Public Limited Company. [3]
Honda Motor Co., Ltd. [3], commonly known as just Honda, is a Japanese multinational conglomerate automotive manufacturer headquartered in Minato, Tokyo, Japan. Founded in October 1946 by Soichiro Honda, Honda has been the world's largest motorcycle manufacturer since 1959, [4] [5] reaching a production of 400 million by 19 December 2019. [6]
In September 2012, A joint venture deal was signed between Honda and Bangladesh Steel and Engineering Corporation to form Honda's first Bangladeshi subsidiary Bangladesh Honda Private Limited (BHL) . Honda has 70% stake in the joint venture. After then, Honda committed to set up a motorcycle manufacturing plant in the country.
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The automotive industry in Pakistan is one of fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th largest producer of automobiles. Its contribution to the national exchequer is nearly US$5.4 ...
Honda, wanting to focus only on its independent fully owned two-wheeler subsidiary, Honda Motorcycle and Scooter India (HMSI), exited Hero Honda at a discount and get over ₹ 6,400 crore (equivalent to ₹ 140 billion or US$1.7 billion in 2023) for its stake. The discount was between 30% and 50% to the current value of Honda's stake as per the ...