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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]
The Yaris sedan was launched in Pakistan in March 2020 as a locally-assembled model. It is available in three variants with two engine options, 1.3-litre 1NR-FE and 1.5-litre 2NR-FE. The model grades are 1.3 GLi, 1.3 Ativ, and 1.5 Ativ X. Initially all models were offered with either 5-speed manual or simulated 7-speed CVT.
Pakistan has a significant market for hybrid vehicles such as Honda's Vezel, Toyota's Prius, and Aqua.The Automotive Development Policy (2016–2021) and the launch of the China-Pakistan Economic Corridor (CPEC) encourage foreign investments for new automobile brands to enter the Pakistani market.
In Pakistan, the concept of compact cars is significant. [according to whom?] The most common cars tend to be Kei cars. [citation needed] Popular compact cars in recent times [when?] are the Honda City, Toyota Yaris, Toyota Corolla Altis 1.6, and the Changan Alsvin. [citation needed]
One has more power, but the other has all-wheel-drive. The quarter-mile is almost too close to call.
In March 2000, the company started production of the L500 series Daihatsu Mira in Pakistan which was locally sold as the Daihatsu Cuore and featured an 850-cc engine. [6] In 2008, Toyota acquired 9.83 million shares from Overseas Investors AG and general public at the price of Rs. 370 (equivalent to Rs. 1,900 or US$6.50 in 2021) per share. [7]
Toyota Motor Thailand (TMT) Toyota Gateway plant, Hua Samrong, Chachoengsao – Yaris AC100 sedan, Yaris XP150 hatchback, Yaris Cross AC200, Camry, Corolla Altis, Corolla Cross
In Australia, it is known as the Yaris sedan and was sold alongside the Vitz-based Yaris hatchback. [35] The Yaris sedan was available only in a 1.5 L 1NZ-FE 81-kilowatt (109 hp) petrol engine. There were two variants of the model, namely the YRS and YRX, with the former being the model with the basic necessities.