production plant
Credits: Lynn McDowell
Tecno Camon 12 Air

Indus Motors Company (IMC) has decided to shut down all productions for the remaining days of September.

Cadbury Dairy Milk

An IMC official shared that the company had already observed 8 non-production days (NPD) in July and 11-12 in August.

He further shared that due to the federal excise duty (FED) of 2.5-7.5 percent, plus the instability of the Rupee against the Dollar has added to a slump in sales and increase in price.

Meanwhile, sources have also shared that IMC has an inventory of 3,000 units still unsold and that the plant is running at a capacity of 50 units only for September.

Car Sales in Pakistan Witness Slump of 41% in August 2019!

A Toyota vendor confirmed Dawn news that the news was authentic and that the company is shutting down all production plants for the remaining month.

IMC observed a drop in sales from  8,804 and 8,770 units to 5,308 and 3,708 units in July and August. A drastic fall in sales was recorded for the Toyota Hilux which plunged from 793 to 716 units and from1,383 and units 1,292 units. Fortuner also witnessed a drastic dip.

Stay tuned to Brandsynario for more news and updates.

Pak Suzuki Stops Accepting Booking Orders for Cars


Please enter your comment!
Please enter your name here