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PhotoNews Pakistan > Business > Indus Motor Company Temporarily Halts Toyota Production
Business

Indus Motor Company Temporarily Halts Toyota Production

Web Desk
By Web Desk Published September 28, 2023 1 Min Read
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Toyota in Pakistan: Photo: File
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Indus Motor Company Limited, the assembler of Toyota vehicles in Pakistan, has announced a temporary pause in production until October 9. This decision was shared in a notice to the Pakistan Stock Exchange (PSX), pointing to current vehicle inventory levels as the primary reason.

Notably, this isn’t the company’s first such move. Earlier stoppages occurred from August 25 to September 6 due to decreased demand and inventory challenges and from July 21 to August 3, stemming from import and supply chain disruptions. For similar reasons, another brief halt took place between June 26 and June 27.

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