Toyota Shuts Down Production for 10 Days

Toyota Shuts Down Production for 10 Days
The auto manufacturing companies are facing issues in their operations as Toyota Indus Motor Company is going to face another series of non-production days (NPDs) for December 2022. The company has issued the notification that there will be a production halt for 10 days from 20 December to 30 December 2022. After the imposition of restrictions on automotive imports by the State Bank of Pakistan, the company will suspend production and assembly operations for 10 days. The customers will note that Toyota Shuts Down Production for 10 Days.

The previous reports show that SBP delayed the LC approval for CKD imports and the companies delayed their production and delivery of the vehicles to the customers. These restrictions caused Toyota IMC, and other automakers to observe the non-production days and they faced issues to adjust their operations. This new step of SBP has created issues and left a bad impact on the car industry as various car-making companies observed a production halt to face this current economic and administrative hurdle.
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