Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Temporary Production Halts Hit Major Pakistani Auto Manufacturers
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Pakistan auto industry shutdowns
PhotoNews Pakistan > Business > Temporary Production Halts Hit Major Pakistani Auto Manufacturers
Business

Temporary Production Halts Hit Major Pakistani Auto Manufacturers

Web Desk
By Web Desk Published October 19, 2023 2 Min Read
Share
SHARE

Two leading automotive companies in Pakistan, Honda Atlas Cars and Pak Suzuki Motor Company (PSMC), have declared a temporary cessation of production due to critical shortages in essential raw materials, as detailed in reports from The News on Thursday. PSMC has specified a shutdown period from October 25 to October 27, 2023, exclusively affecting their automobile production, whereas Honda Atlas Cars anticipates a halt from October 24 to October 31, 2023. These interruptions reflect the larger, ongoing crisis in Pakistan’s automobile sector, exacerbated recently by Indus Motor Company Limited’s (IMC) decision to suspend production for a full month.

Broader Industrial Strain Due to Raw Material Shortages

The predicament extends beyond the automobile industry, touching various sectors reliant on imported raw materials. These industries face similar disruptions, leading to periodic shutdowns that put additional pressure on the strained supply chain. The root cause is primarily the country’s low foreign exchange reserves, complicating the opening of letters of credit for imports and causing widespread disturbances in the supply chain. This situation necessitates urgent collaboration between industry stakeholders and the government to devise sustainable solutions. Experts emphasize the need for immediate and cooperative strategies to ensure the resilience and continued productivity of Pakistan’s automotive and associated industries.

TAGGED:FeaturedPak­istan
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Punjab EPA

Punjab EPA’s Drone Bust Exposes Illegal Pyrolysis Plants Fueling Lahore Smog

PIA Prifit and privatization 2025

PIA Posts First Half-Year Profit in 20 Years Ahead of 2025 Privatization

Dubai Airport AI 3D Scanners

Dubai Airport Rolls Out AI-Powered 3D Scanners for Faster Security Checks

Post Archives

More Popular from Photonews

Sydney Sweeney birthday 28th birthday
Entertainment

Sydney Sweeney’s Daring 28th Birthday Bash Stuns Fans

3 Min Read
Canada’s Dunfee, Spain’s Perez at Tokyo 2025 Championships
Sports

Canada’s Dunfee, Spain’s Perez Win Gold at Tokyo 2025 Championships

3 Min Read
Oasis Reunion 2026
Entertainment

Oasis Reunion Tour 2026: Gallagher Brothers to Rock Knebworth Again

2 Min Read
Entertainment

Taylor Swift Rumored for 2025 Super Bowl Halftime Show

Rumours are swirling that Taylor Swift might perform at the 2025 Super Bowl halftime show, set…

September 10, 2025
Pakistan

Pakistan’s Forex Reserves Rise to $14.3 Billion Amid d Gold Prices Fall

Pakistan’s foreign exchange reserves recorded a slight increase for the week ending September 5, 2025. The…

September 12, 2025
Sports

Pakistan’s All-Women Team Summits 5,400m Bari La Peak in Historic Climb

On September 10, 2025, Pakistan’s first all-women mountaineering expedition summited the 5,400-meter Bari La Peak in…

September 12, 2025
Pakistan

Pakistan Cracks Down on Anti-State Social Media Campaigns

Pakistan’s federal government stepped up efforts to stop anti-state campaigns on social media. The National Cyber…

September 13, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?