Web Desk — Due to the continuous deterioration of the economy, there seems to be no end to the automotive industry\u2019s troubles. Honda Atlas, in a recent unfortunate development, has decided to extend the production shutdown to 15 more days.<\/p>\n\n\n\n
According to the official notification, supply chain disruption due to the deterioration of the economy, as well as restrictions on raw materials and CKD imports are the reasons for the lengthy shutdown.<\/p>\n\n\n\n
The last production shutdown was in effect from the 9th of March till the 31st whereas, the latest shutdown will continue from April 1 to 15. In other words, by the end of this shutdown, Honda will have observed a car assembly shutdown in Pakistan for 38 days.<\/p>\n\n\n\n
This will likely affect Honda\u2019s sales and revenue badly. The company had already had a massive decline in sales in February, primarily due to poor City and HR-V sales.<\/p>\n","protected":false},"excerpt":{"rendered":"
Web Desk — Due to the continuous deterioration of the economy, there seems to be no end to the automotive industry\u2019s troubles. Honda Atlas, in a recent unfortunate development, has decided to extend the production shutdown to 15 more days. According to the official notification, supply chain disruption due to the deterioration of the economy, …<\/p>\n","protected":false},"author":1,"featured_media":3938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4121","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"\n