Pakistan's Dedicated Automobile Blog
Indus Motor Company and Honda Atlas have been observing plant shutdowns during the last couple of months already. Now according to reports the non-production days (NPD) will continue to be observed in October as well.
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Honda Atlas is in process of introducing a facelift to the BR-V 7-seat MPV in Pakistan. The company is running a teaser campaign on social media captioned “Are you ready?”
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Honda Atlas on its official website and social platforms is running a teaser campaign which suggests something new is going to be offered by the company in near future.
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Honda Atlas is observing plant shutdown due to lack of demand of its cars in the market. The company has reduced working days to 11 in the month of September due to rising unsold stocks while it saw 13 working days in August and 20 in July.
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Honda Atlas is suffering from a massive decline in sales amid industry slowdown and rising prices
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Honda Atlas is celebrating its 25 years of presence in Pakistan and is offering free deals with its range of local assembled products.
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Honda Atlas has introduced the 10th generation Accord in Pakistan. The premium saloon is priced at PKR 11,999,000. The launch event took place at Honda’s Plant, Manga Mandi Lahore.
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Compared to any other Honda model, the BR-V has suffered a massive decline in sales. Honda Atlas sold 8,684 BR-V units in FY2017-18 whereas it sold only 5,045 units in FY2018-19 which is 42% less than the figures from previous year.
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With Pak Suzuki declaring a loss of Rs 1.53 billion in the quarter ended June 2019 and Honda Atlas suffering from a 77% decline in profits, are the two companies heading for a downfall?
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Earnings of Honda Atlas took a massive hit in the quarter ended June 2019 as its profits dived 77% on the back of declining revenues.
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