In Pakistan, carmakers dismiss talk of plant shutdown - News Summed Up

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In Pakistan, carmakers dismiss talk of plant shutdown


“Company will continue non-production days,” said an Indus Motor spokesperson while dismissing rumours of a complete shutdown of its production plant. Separately, Honda Atlas vehicle dealer Shaheen Anwar of Faisal Automobile told The Express Tribune that they had received no news of plant closure by Honda. Sales of the auto sector have continued to suffer from the dwindling economy. However, Pak Suzuki Motor Company sales contracted by a relatively lower 18% year-on-year, except for new Alto 660. “All this is having an adverse impact on the auto sector and has resulted in a major decline in sales.


Source: The Express Tribune October 16, 2019 02:48 UTC



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