The impact of coronavirus has been severe globally. Coming to the global auto industry plants have been shut down, the Geneva Motor show was canceled amongst many other things.
With the launch of Toyota Yaris being postponed, coronavirus will have a huge impact on the local market as well. The country is heading towards a lockdown with the army being deployed to ensure it. Now this will definitely have an impact on the auto market of Pakistan.
Multiple auto companies in Pakistan have said that they will be closing their auto plants and offices in Sindh to comply with the Sindh government’s order of the lockdown.
It has been announced by the Indus Motor Company Limited (IMCL), Pak Suzuki Motors Company Limited (PSML) and Yamaha Motor Pakistan (YMP) that operations will be closed from 24th March 2020 till 6th April 2020 or further orders.
IMC Toyota has given public notice and said that in a bid to “support the government in the uphill task of containing COVID19; we will close our production plant until further notice.”
They said that they have apologized to their customers for the delay in the orders as the safety of people is essential.