21/07/2008 07:34. LAHORE - Honda Atlas Cars launched new model of Honda Accord and Honda CR-V Saturday.

Speaking on the occasion, chairman Honda Atlas Cars Yusuf H. Shirazi said that the auto industry in Pakistan needed a long-term and consistent Auto Policy to achieve the vision of 500,000 units by the year 2011, which would go a long way since engineering is the springboard for industrial development.

He said that the company contributed Rs 15 billion revenue as Pakistan had a viable economy, blessed with right entrepreneurship, right professionalism and right workmanship.

He said that the company believed in globalization, which depended on localization of investment, production and export.

He said that was being generally also followed by some developing countries - notably by... // The Nation, Pakistan