ISLAMABAD – Toyota Pakistan Indus Motors Company faces a big setback asit’s production unit has been shut down in Pakistan.
Indus Motors Company (IMC) has stopped car manufacturing for half ofSeptember, that is a total of 15 days of non-productivity. An official atIMC is stated to have said “*half of the current month is off.*”
This isn’t the first time that the automobile giant had to shut off itsproduction cycle, according to an un-named official at IMC, the company hasfaced similar situation back in July with 8 days of Non-Production as wellas 11 to 12 days of drought in August.
Apparently, there are several reasons to account for these droughts inproduction; from the imposition of the Federal Exercise Duty and thedevaluation of the rupee, custom duty has also increased on various carparts. This has caused car prices to spike up to an extreme level ofunaffordability by many.
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According to sources, the IMC plant and countrywide dealership network hasseen a decrease in purchase which has resulted in Toyota Cars piling up,numbering up to *3000*. For the month of September the Toyota Plant hasbeen operating at a *50%* capacity.
