Latest news with #HondaCity
The Sun
10 hours ago
- The Sun
Four arrested, RM3.72 million ganja seized in Bukit Mertajam raids
GEORGE TOWN: Penang police arrested four men, including a Vietnamese national, and seized 112.1 kilogrammes of ganja worth RM3.72 million in two raids carried out in Bukit Mertajam from Tuesday to Wednesday. Acting Penang police chief Datuk Mohd Alwi Zainal Abidin said a team from the state Narcotics Criminal Investigation Department (NCID) launched an operation from 10 am on Tuesday until 3 am yesterday, resulting in the arrest of four men aged between 31 and 39. 'In the first raid, police arrested two men in a hotel room and another man in the hotel lobby, who acted as a 'transporter'. An inspection uncovered a canvas bag containing 9,232 grams of ganja and 4,238 grams of ganja buds,' he said at a press conference at the Penang contingent police headquarters today. He added that, following interrogation and intelligence gathered, police arrested a Vietnamese man in Seberang Jaya and brought him to a nearby homestay, which was used by the syndicate as a drug storage facility for smuggling and distribution. He said that during the inspection of the homestay, police seized 105 packages of ganja buds weighing 97.7 kilogrammes. Investigations revealed that the syndicate had been renting the condominium-type unit since last week for RM2,800 a month. Based on investigations, Mohd Alwi said the syndicate sourced its supply of ganja buds from international drug trafficking networks in neighbouring countries, smuggling them into Malaysia via land routes for distribution in Penang and Kuala Lumpur. He said the man acting as a 'transporter' was paid between RM3,000 and RM4,000 for each delivery, and is believed to have completed two trips before being arrested. 'Intelligence indicates that the syndicate has been active since last March. We are now actively tracking down the mastermind and other members of the network, who are believed to still be in the state,' he added. Police also seized RM1,300 in cash and three vehicles - a Toyota Alphard, a Honda City, and a Yamaha Y16ZR motorcycle - with a total estimated value of RM199,300. The drugs seized are believed to be enough to supply approximately 230,000 addicts. 'The three local men arrested tested positive for drugs and have between seven and 13 previous records related to criminal and drug offences. Some had only recently been released from prison for similar offences,' he said. All four suspects have been remanded for seven days until July 29 to assist in investigations under Section 39B of the Dangerous Drugs Act 1952. - Bernama
Barnama
11 hours ago
- Barnama
Four Held, Ganja Worth RM3.72 Million Seized In Bukit Mertajam
GEORGE TOWN, July 24 (Bernama) -- Penang police arrested four men, including a Vietnamese national, and seized 112.1 kilogrammes of ganja worth RM3.72 million in two raids carried out in Bukit Mertajam from Tuesday to Wednesday. Acting Penang police chief Datuk Mohd Alwi Zainal Abidin said a team from the state Narcotics Criminal Investigation Department (NCID) launched an operation from 10 am on Tuesday until 3 am yesterday, resulting in the arrest of four men aged between 31 and 39. 'In the first raid, police arrested two men in a hotel room and another man in the hotel lobby, who acted as a 'transporter'. An inspection uncovered a canvas bag containing 9,232 grams of ganja and 4,238 grams of ganja buds,' he said at a press conference at the Penang contingent police headquarters today. He added that, following interrogation and intelligence gathered, police arrested a Vietnamese man in Seberang Jaya and brought him to a nearby homestay, which was used by the syndicate as a drug storage facility for smuggling and distribution. He said that during the inspection of the homestay, police seized 105 packages of ganja buds weighing 97.7 kilogrammes. Investigations revealed that the syndicate had been renting the condominium-type unit since last week for RM2,800 a month. Based on investigations, Mohd Alwi said the syndicate sourced its supply of ganja buds from international drug trafficking networks in neighbouring countries, smuggling them into Malaysia via land routes for distribution in Penang and Kuala Lumpur. He said the man acting as a 'transporter' was paid between RM3,000 and RM4,000 for each delivery, and is believed to have completed two trips before being arrested. 'Intelligence indicates that the syndicate has been active since last March. We are now actively tracking down the mastermind and other members of the network, who are believed to still be in the state,' he added. Police also seized RM1,300 in cash and three vehicles - a Toyota Alphard, a Honda City, and a Yamaha Y16ZR motorcycle - with a total estimated value of RM199,300. The drugs seized are believed to be enough to supply approximately 230,000 addicts.
News18
2 days ago
- Automotive
- News18
Don't Sell Your Old Car, Give It To Scrap Instead And Get More Money, Here's Why
Last Updated: Recently, an Instagram reel went viral on the internet, where the presenter explained the benefits of the 2025 scrapping policy, and encouraging people not to sell old cars. Is your car old, and planning to sell it to get some benefits from it? What if we say that the same is worth more than what you think? Sounds strange, right? Well, a viral video that surfaced on the internet will make you in a simple way. Recently, an Instagram reel has received a massive viewership in no time. All the credit goes to the valuable content inside it, as the presenter explained the importance and benefits of the 2025 scrapping policy instead of selling it for peanuts. Take a look at the reel here The clip has been shared by an Instagram handle named Carswithrohit, where he encouraged people not to sell old car, and give them to scrap instead, as it will give benefits worth of Rs lakhs. Here's How To Get Benefits In the clip, he explained all the scrapping policy of 2025 with a smart example, giving a big caption under his post that reads, " Here's what happened to my friend. He sold his old Honda City for Rs 80,000 and upgraded to a Tata Safari. Seemed fair… until we did the math. He missed out on ₹3 lakhs worth of benefits." He explained the benefits of scrapping policy under the same caption. He said that under the vehicle scrappage policy, you get 4–6% of the car's original value. The authority gives you a certificate of 5% off on your next car, reducing the actual value on a new purchase by lakhs. It also comes with a 25% off on road tax, which eventually ends up saving you more money than selling your old car for peanuts. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Recorder
17-07-2025
- Automotive
- Business Recorder
Honda Atlas flags major hurdles to vehicle exports from Pakistan: AHL
Despite successfully exporting a limited batch of Honda City units to Japan, Honda Atlas Cars (Pakistan) Limited (HCAR) has stated that Pakistan remains at a disadvantage compared to other Asian subsidiaries, with large-scale exports remaining unfeasible for now. This was shared during a corporate briefing session held on July 16, 2025, which was attended by brokerage house Arif Habib Limited (AHL), as noted in a report shared on Wednesday. 'Regarding the export of vehicles, Honda confirmed that 38 units of the Honda City 1.2L were exported to Japan. However, the company emphasised that due to the current lack of export-supportive government policies and high input costs, Pakistan faces significant challenges in competing with other Asian subsidiaries,' said AHL in its briefing takeaways, quoting the management. The automaker shared that discussions with the government are ongoing, 'but large-scale exports remain constrained for now'. Earlier in March, Honda Atlas Cars (Pakistan) Limited, a subsidiary of Honda Motor Co, officially commenced exporting Completely Built Units (CBUs). The country's auto sector, largely dominated by Toyota's Indus Motors, Honda Atlas and Pak Suzuki, relies heavily on imported parts and is generally involved in assembly. However, in recent years, companies have taken steps to position Pakistan as an export hub. In July last year, Indus Motor Company Limited (IMC), the assembler/manufacturer of Toyota-brand vehicles in Pakistan, initiated the export of certain vehicles to other Toyota-affiliated companies. Despite these developments, Pakistan's auto sector remains engulfed in various challenges, including high production costs, supply chain issues and volatile exchange rates. Meanwhile, HCAR management, in its briefing session on Wednesday, informed that the HR-V Hybrid was launched on July 14, 2025, and test drive units are now available nationwide. 'The initial customer response has been positive and the company expects to sell 400-500 units monthly,' the management was quoted as saying by AHL. Meanwhile, regarding the impact of used car imports, Honda clarified that the majority (~90%) of these imports fall under the 1000cc category and do not directly impact the Honda City segment. 'The company is awaiting further clarity from an expected government policy update in September and will assess the implications accordingly,' the management shared.
Express Tribune
17-07-2025
- Automotive
- Express Tribune
First batch of Honda cars exported, gaps persist
Listen to article Honda Atlas Cars (Pakistan) Ltd has exported 38 units of its 1.2L Honda City to Japan, marking a symbolic entry into international markets. However, the company cautioned that high input costs and lack of clear, export-supportive government policies remain major barriers to large-scale exports. During its analyst briefing on Wednesday, the company stated that while discussions with authorities are ongoing, Pakistan is at a disadvantage compared to regional competitors like Thailand and Indonesia. These countries offer more conducive environments for automotive exports, making it difficult for Pakistan to compete effectively in the global automotive market. Despite this, Honda reported a 42% year-on-year increase in topline revenue, reaching Rs78 billion in MY25. The company now aims to expand beyond local markets, laying the groundwork for sustained export momentum. According to AKD Securities, Honda Atlas exported 38 units of the 1.2L City model to Japan during MY25. Though the volume is small, Honda's management said the milestone establishes a foundation for entering high-value export markets. Arif Habib Limited (AHL), in its analyst note, cited the company's export push as a key growth lever amidst domestic competition and evolving policy frameworks. The company reported that it has achieved localisation levels of 74% for City, 64% for Civic, and 61% for the HR-V hybrid. The company posted a MY25 profit after tax of Rs2.7 billion (EPS: Rs18.97), up 16% year-on-year, supported by tax incentives that kept the effective tax rate at 17.27%. Industry expert Mashood Ali Khan highlighted the pressing need for consistent and clear government policies to unlock the full export potential of Pakistan's automotive sector. Currently, 20 to 25 parts manufacturers export to Europe, the United States, and the Middle East, he said, adding, "However, for a real jump in exports, Original Equipment Manufacturers (OEMs) such as Honda, Suzuki, and Toyota involvement is essential. Every major OEM in Pakistan has shown intent over the past years, but require policy support to scale up." Chairman of the All Pakistan Motor Dealers Association (APMDA), HM Shahzad, criticised recent automotive export claims, arguing that without meaningful localisation, Pakistan lacks the foundation to become a competitive automotive exporter. "Today's policies are not export-friendly. There's a gap between the government's stated ambition to enhance exports and the actual policy framework. The existing rebate systems, designed more for the textile sector, are not suited for automotive exporters," Khan explained. He called for a fully automated, GD (Goods Declaration)-based rebate system offering immediate incentives, such as tax-free CKD kits in exchange for exported units. "If one car is exported, allow duty-free import of one CKD kit automatically," he proposed. "This plus-minus system would boost exporter confidence and eliminate delays." He also noted that Pakistan, as a right-hand drive (RHD) production base, holds strong export potential. "There are over 50 RHD markets globally. With Japanese OEMs present and Chinese automakers entering the space, the opportunity is real — but we must act now." He warned that missing export windows due to bureaucratic delays or unclear incentives could cost Pakistan dearly, as global demand windows close quickly in the competitive auto landscape.
