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Automakers continue to shut production amid falling demand, raw material shortage - Business & Finance

Amid a decline in demand and the inability to procure much-needed raw material, various companies in the auto sector.

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Automakers in Pakistan announce temporary shutdowns as economic woes bite - Business & Finance

Pak Suzuki Motor Company announces another shutdown of automobile plants Agriauto Industries says it will observe a partial shutdown

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Automakers face temporary shutdown as imports and loans dry up

KARACHI: The auto industry, which relies heavily on imports for raw materials and parts, is facing a crisis as the import restrictions and the rising cost of borrowing have led to a severe shortage.

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More companies announce temporary shutdowns as economic woes continue - Business & Finance

Despite the government’s decision to ease restrictions on the approval of Letters of Credit (LCs), Pakistan’s.

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Pak Suzuki, Agriauto announce shutdown as economic woes bite - Business & Finance

Feeling the pinch of aggravating economic conditions, Pak Suzuki Motor Company (PSMC) and parts-maker Agriauto.

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