Toyota and Suzuki partially shut down their plants in Pakistan due to a downfall in sales and import is another reason for the shutdown.
Toyota Indus has announced that it will be shutting down its operations in Pakistan. The car manufacturing plant located in Karachi is currently operating at half capacity due to a slowdown in imports of parts,. According to the company’s website, they have been working on reducing their workforce by 2,000 people over the next five years. They also plan on closing some of their other facilities such as their engine plant and paint shop as well as selling off land that they don’t need anymore so they can focus on making more cars instead of selling them off cheaply (which would probably hurt their bottom line).
Suzuki Motorcycle has suspended work on the 700cc Hayabusa motorcycle sold under the brand name “Suzuki”. The company says this decision was made based on declining sales figures since last year was very low but now both companies no longer exist so there isn’t any reason why we should continue producing these kinds of machines anymore because nobody wants one!
Toyota Indus shuts down production in Pakistan
Toyota Indus has announced that it will shut down its plant in Pakistan for a month due to low sales. It’s the second time Toyota Indus has shut down its plant, which was opened in 2004 and manufactures vehicles such as the Corolla Altis sedan and Sprinter pick-up truck.
The company said it planned to resume production on May 15th after rescheduling some parts orders from other markets like India and Indonesia where there are higher demand for cars due to their growing economies.
Suzuki Motorcycle has suspended work on 700cc Hayabusa motorcycle
According to a report, the Japanese bike maker has ceased production of its flagship model as it awaits delivery of new models from its Indian subsidiary. The company had earlier announced plans to shut down its Pakistan plant and shift some activities to India in order to save costs due to weak sales in Pakistan.
Toyota, Suzuki to partially shut down their plants in Pakistan due to downfall in sales.
Toyota Indus shuts down production in Pakistan and Suzuki Motorcycle has suspended work on 700cc Hayabusa motorcycle. The move comes after the government announced plans to impose a 100% tax on cars and motorbikes imported from abroad, which could cost a lot more money.
In the next few years, the demand for motorcycles in Pakistan is expected to increase. The government has also announced incentives for people who purchase a motorcycle between now and March 31, 2023. In addition, Suzuki Motorcycle has announced that they will produce 700cc Hayabusa models at their plant in Pakistan.