Today we're back with the owner's review of a 2013 Honda Civic. In this review, the owner shares his experience with this car and briefs us about the modifications he has made to it. This 9th-generation Civic debuted in Pakistan in 2012 and is offered in 4 variants. This particular car is the top of the line Oriel prosmatec valiant. It comes with a 1.8 liter R18 engine producing close to 141 hp and 174 nm of torque, configured with a 5-speed automatic transmission. Purchase Decision Despite his family's eagerness to buy him a fuel-efficient hatchback, the owner was specifically looking for a Rebirth. He had pre-planned this project before purchasing the car; hence, he wanted a Civic. He also wanted the top-spec variant with all the additional features like a sunroof, cruise control, digital climate control, etc. He bought this 2013 CIvic for 2.4 million rupees. Air Suspension Initially, The owner used coil overs to drop the car, which looked good but was a hassle to drive within the city. He then decided to install air suspension in it so he could raise and lower the car at any time. However, he wanted to do something different, which, per him, refers to the "return wheel." This enables this car to drive on three wheels with any of the rear tires lifted. According to him, he had to install 1.5x of a standard air suspension for this to happen. "We failed the first time we tried to install this system, but we were successful on the second try," he added. Other Modifications Besides this interesting air suspension setup, the car has some other modifications, including alloy wheels and tires. The owner has fitted 17-inch 9jj rms along with low-profile tires, which are chambered at the rear. Moreover, the car has been recently wrapped in yellow, which looks very unique. Other mods include a straight pipe exhaust, bumper extensions, etc. No such change has been made to this car's engine or interior. Fuel Average An advantage of these cambered and stanced cars is that they can't be driven aggressively; hence the fuel average is similar to a stock car. Despite wider wheels, a straight pipe exhaust, and other mods, this car gives around 12 km/l easily. As per the owner, he barely drives it over 80 km/h; hence the average is not compromised. Maintenance Keeping aside maintenance of aftermarket parts, the owner does periodic maintenance every 3000 to 3500 kilometers, including oil and filter replacement. He says it costs around 10,000 rupees for oil and all the filters. Watch Video 

With an aim to promote its hybrid technology and models, Honda Malaysia (HM) has launched a campaign named 'Gen H'. The 'H' in 'Gen H' represents 'Honda, Hybrid, and Hype'. As part of this campaign, Honda will organize a nationwide roadshow to share the excitement and enjoyment of their hybrid technology among the citizens. During the Gen H events, attendees will have the opportunity to experience Honda's e:HEV hybrid technology, which is incorporated in popular models such as the City, City Hatchback, Civic, and HR-V. All these e:HEV models are available in the top-of-the-range RS trim. Alongside showcasing the hybrid technology, the roadshow will offer a variety of engaging activities. Moreover, the visitors can enjoy fun fair rides, play arcade games, participate in workshops, indulge in food and beverages, admire graffiti art created by local artists, and explore an 'immersive area' filled with interactive activities. The roadshow is set to take place next month, starting with an opening event at Linear Park in Taman Desa Tebrau, Johor Bahru on June 3-4. It will then move to Juru Auto City in Penang on June 10-11. The grand finale will be held at Carpark C of Stadium Bukit Jalil on June 17-18. Admission to the roadshow is free for all attendees. As per Hironobu Yoshimura, the CEO and Managing Director of Honda Malaysia, the Malaysian market holds significant importance for locally developed hybrid vehicles. He emphasized that hybrid technology provides drivers with a combination of efficiency and enjoyment. The Milestone In 2020, Honda Malaysia introduced the City's RS e:HEV variant, equipped with a 1.5L e:HEV powertrain, making its global debut in the country. Since then, Honda Malaysia has successfully sold over 2,800 units of the City e:HEV, 1,600 units of the City Hatchback, 2,600 units of the HR-V Hybrid, and 600 units of the Civic e:HEV. These numbers highlight the positive reception and demand for Honda's hybrid models in the Malaysian market. What do you think about Honda Malaysia's Gen H campaign? Drop your thoughts in the comments section.

Honda Atlas Cars Limited (HCAR) recently released its financial report for the fiscal year ending March 31, 2023 (FY23), revealing a significant decline in Honda profits. The company's profit after tax plummeted by 89.6 percent year-on-year (YoY), reaching Rs. 260.14 million compared to the previous year's profit of Rs. 2.5 billion. Surprisingly, Honda Atlas Cars did not announce any cash dividend for the year, indicating the challenges faced by the automaker. Financial Performance Overview During the fourth quarter (January-March) of FY23, Honda Atlas Cars experienced a loss of Rs. 5.8 per share, contrasting with the earnings of Rs. 5.7 per share in the previous quarter. The deviation primarily resulted from higher-than-estimated operating expenses, potentially caused by substantial foreign exchange losses during the quarter. The company's sales throughout the year witnessed a 12 percent decline, totaling Rs. 95.08 billion compared to Rs. 108.04 billion in the corresponding period last year. In the fourth quarter of FY23, the company's revenue amounted to Rs. 22.3 billion, reflecting a 3 percent decline on a quarter-on-quarter (QoQ) basis. Despite multiple price revisions during the quarter, the decrease in volumetric sales contributed to the decline in revenue. Gross Profit and Margin HCAR reported a gross profit of Rs. 7.16 billion, marking a 29.4 percent increase compared to the same period last year. The gross margin reached 12.5 percent, the highest recorded since the first quarter of FY18, which may indicate improved cost management and operational efficiency. Distribution and Marketing Costs One positive aspect highlighted in the financial report was the decrease in distribution and marketing costs. In FY23, these costs amounted to Rs. 902.37 million, showing a reduction compared to the previous year's figure of Rs. 1.14 billion. Other Income Honda Atlas Cars experienced a 15.8 percent increase in other income during the full year, totaling Rs. 2.32 billion compared to Rs. 2 billion in the previous year. In the fourth quarter of FY23, other income surged by 110 percent on a QoQ basis, amounting to Rs. 683 million. This increase can be attributed to attractive deposit rates. Finance Cost One of the significant challenges faced by Honda Atlas Cars was the exponential surge in finance cost, which escalated by a staggering 549.8 percent during the full year, from Rs. 53.26 million to Rs. 346.14 million. This rise in finance costs exerted additional pressure on the company's financial performance. Earnings per Share (EPS) HCAR's earnings per share (EPS) for FY23 stood at Rs. 1.83, in stark contrast to the EPS of Rs. 17.58 reported in the previous year. The decline in EPS reflects the challenging operating conditions and financial impact experienced by the automaker. Stock Performance The adverse financial results had an impact on HCAR's stock performance. The company's scrip at the bourse closed at Rs. 97.5, down 3.74 percent or Rs. 3.79. The trading volume amounted to 128,577 shares on the given day. Honda's Production and Sales Challenges Honda Atlas Cars faced a tumultuous year in terms of production and sales. The company's output was severely affected for two months due to supply chain issues resulting from import restrictions. In fact, last month, Honda recorded minimal sales, with only 207 cars sold. Surprisingly, the sales of the Honda Civic, the company's flagship sedan, reached an alarming zero. However, the recent notification from Honda indicates that production will soon resume, citing a "slight improvement in the accessibility of trade financing facilities" as the catalyst. Unfortunately, the exact date of production resumption was not disclosed. Future Outlook Considering the ongoing challenges in the car market, it is expected that Honda's sales will remain lukewarm at best. The company will need to navigate through various obstacles, including supply chain issues, competitive market dynamics, and changing consumer preferences, to regain its foothold in the industry.

When the ongoing economic turmoil has left Pakistan’s import-dependent local industry in something of a daze, car and bike companies  are trying everything to make their survival possible. Prominent bike makers ‘Honda Atlas’ and ‘Yamaha Pakistan’ came with d ifferent offers to at least maintain foot traffic to their dealerships and service stations. Honda’s Limited-Time Offer In a social media post, Honda said that the offer is only for a limited period of time, from ‘May 22 to May 28’, for all models and can be availed at the company’s 4S service station. The offer includes a free checkup of air filter, brake shoes, and engine oil. It is pertinent to mention that tuning does not come in the package. (a) BE VIGILANT – Not Totally Free There will be a surprise for those who came to the company’s service station thinking that ‘all is free.’ Once the checkup is done and you have replaced the engine oil, brake shoes, or filter, the mechanic will show you the bill. So, you must be vigilant before availing of this service, as the company has mentioned ‘free checkup”. What Yamaha Offers? Yamaha offers the same – free checkup and oil changes in a few locations. In a social media post, the company stated, “Rev up your engine and get ready for an even smoother ride with a free oil change for your Yamaha. Give your Yamaha the proper care it deserves, ensuring maximum performance and longevity.” [gallery bgs_gallery_type="slider" ids="176739,176737"] Comparing the offers from both motorcycle manufacturers, Yamaha faced criticism from customers for offering limited options. The company offered the facility in only six areas. Even a customer can’t avail oil change and checkup service in the same camp. Both offers are available in different areas.  What do you think about the offers from both companies? Drop your thoughts in the comments section.