Atlas Honda
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Atlas Honda Limited, formerly known as Atlas Autos, is a Pakistani motorcycle manufacturer based in Karachi.[1] It is the largest motorcycle maker in Pakistan.[2][3]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.[4][5]
History
Atlas Honda was founded as Atlas Autos Limited following a technical collaboration agreement with Honda Motor Company in 1963, focusing on motorcycle production and sales in Pakistan.[6] The first manufacturing facility was established in Karachi. Later, Honda Atlas also established a manufacturing plant in East Pakistan called Atlas Epak Limited but it was lost after the independence of Bangladesh.[7]
In 1976, Honda Atlas launched CD-70 and CG-125 in Pakistan.[8] Three years later, in 1979, Honda Atlas established a second motorcycle manufacturing plant in Sheikhupura, named Panjdarya Limited.[6]
In 1988, a joint venture agreement with Honda was signed in 1988. Both Atlas Autos Limited and Panjdarya Limited operated were merged in 1991, and the consolidated entity began operating as Atlas Honda Limited.[6]
Production
The company also manufactures various hi-tech components in-house in collaboration with leading parts manufacturers such as Showa Atsumitech, Nippon Denso and Toyo Denso.[9] The company also exports motorcycles to Sri Lanka, Afghanistan and Bangladesh.[10] Atlas Honda has Pakistan's largest in-house manufacturing capability at its Karachi and Sheikhupura plants,[11] which include an R&D wing and tool making facilities through CAD/CAM. The annual assembly production capacity of AHL is 1.35 million units, with 150,000 units from the Karachi plant and 1.2 million units from the Sheikhupura plant.[12][13] Script error: No such module "Multiple image".
Products
See also
References
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External links
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- Honda
- 1962 establishments in Pakistan
- 1960s initial public offerings
- Pakistani companies established in 1962
- Motorcycle manufacturers of Pakistan
- Pakistani subsidiaries of foreign companies
- Manufacturing companies based in Karachi
- Vehicle manufacturing companies established in 1962
- Companies listed on the Pakistan Stock Exchange
- Companies in the KSE 100 Index