Two major automakers in Pakistan, Honda and Pak Suzuki, have announced that they will extend their plant shutdowns due to inventory shortages and import restrictions. The shutdowns were originally scheduled to end on April 12, but both companies have decided to extend them for another week.
According to reports, Honda has cited supply chain disruptions as the reason for the extension. The company has been facing a shortage of semiconductors, which are used in the production of automobiles. The shortage has affected automakers worldwide, and Honda is no exception. The company has decided to extend the shutdown of its production facilities in Lahore and Karachi until April 18.
Similarly, Pak Suzuki has also extended its plant shutdown by a week, until April 18. The company has attributed the shutdown to a shortage of imported parts and a decline in demand for cars. The company has been facing challenges in importing components due to restrictions imposed by the government on the import of non-essential goods.
The extended shutdowns by both companies are likely to impact the availability of cars in the market. The auto industry has already been struggling due to various challenges, including high taxes and a decline in consumer purchasing power.
The situation is expected to improve once the supply chain issues are resolved, but for now, car buyers in Pakistan may have to wait longer to get their hands on a new vehicle.
