Toyota stops its vehicles production in Pakistan for two weeks
Recently like other Pakistani automakers, Toyota Pakistan is also facing lots of issues due to bad economy and govt restrictions. Currently, as the Govt of Pakistan’s foreign exchange reserves have been on lowest of tens of years, there are many restrictions by the State Bank of Pakistan (SBP) to control the outflow of US Dollars. This resulted in difficulties for automakers, to import the Completely Knocked Down (CKD) vehicle kits, which are then used to manufacture the vehicles in Pakistan. As after not being able to import enough supplies, Toyota Pakistan have announced that they will Keep their vehicle production plants closed in Pakistan starting for two weeks starting from 1st Feb, 2023 up until the Feb 14, 2023. This […]