Honda Atlas closes plant due to uncertain economic situation in Pakitan
March 8, 2023 07:01 PM
Due to the uncertain economic situation in the country, AHonda Car Company has also temporarily shut down its plant in Pakistan after two other foreign auto companies--Suzuki and Toyota.
According to the 24News HD TV channel, Honda Atlas Car Company has announced the closure of the plant from March 9 to March 31.
The Honda company has said in a declaration that it has become difficult to continue production due to the issues of clearance of imported goods and supply chain.
The company's declaration said the economic situation in Pakistan is uncertain, therefore the management has decided to temporarily close the production plant for 23 days.
As per the statement of the company, it has sent the declaration of the temporary closure of the plant to the Pakistan Stock Exchange.
Reporter: Ashraf Khan