On January 31, Indus Motor Company (Toyota, Pakistan), announced that the company has insufficient inventory levels and therefore the company is unable to continue its production activities.
In a similar context, the company has decided to completely shut down its plant from February 1, 2023, till February 14, 2023. Moreover, the company has also decided to start its production on a single-shift basis from February 15, 2023, until further notice.
The above disruption has been caused as the companies and their vendors continue to face major hurdles in the import of raw materials and receiving clearance of their consignment from commercial banks.
Based on the Indus Motor company stock exchange notification
Keyword: plant operating status
Pakistan
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| Supplier Name | Address | Major Parts Suppliers Reports | Country |
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| Aftab Engineering Services (Pvt) Ltd. | A-129, S.I.T.E. Superhighway Industrial Area, KDA Scheme-33, Karachi-75330 Pakistan |
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| Agriauto Industries Limited | 5th Floor House of Habib 3 JCHS Block-7/8 Shahra-e-Faisal Karachi, Pakistan |
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| Agriauto Stamping Co. (Pvt.) Limited | 5th Floor, House of Habib, 3 JCHS, Block-7/8,Shahra-e-Faisal, Karachi, Pakistan |
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| Al Badar Engineering Company (Pvt) Ltd | 25-KM- Lahore, Sheikhupura Road, Sheikhupura, Pakistan |
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| ALBA Engineering Co. | Near Moti Masjid, Daska, Pakistan |
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| Ali Machine Tool Company (pvt.) Ltd. | Plot No. B-20, Sindh Industrial & Trading Estate (S.I.T.E.), Super Highway, Near Gulshan-e-Maymar Housing Society, Karachi, Pakistan |
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| Allco Transfer Printers (Pvt) Ltd. | Plot# 7, Sector# 12/B, North Karachi Industrial Area, Karachi-75850, Pakistan |
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| Allied Engineering Works | A-114, ST-13/1, Sector 6-B, Abdullah Industrial Estate,Near Saba Cinema, North Karachi Industrial Area, Karachi, Pakistan |
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| Alsons Autoparts (Pvt.) Ltd | DSU 34 & 35, Pakistan Steel, Down Stream Industrial Estate Karachi-75000, Pakistan |
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| Amin Mechanical Industries Co., Ltd. (AMI Gears) | L-29/A, Block 22, F.B.Industrial Area, Karachi, Pakistan |
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News
Feb 01, 2023
Jan 30, 2023
On January 25, Bajaj Auto reported that their revenue from operations during Q3 FY 2023 stood at INR 93.15 billion, up by 3% YoY as against INR 90.22 billion in Q3 FY 2022. The company reported its Profit after tax (PAT) to be around INR 14.91 billion in Q3 FY 2023 as against INR 12.14 billion in Q2 FY 2022 displaying a growth of 23%. The company’s EBITDA for the Q3 FY 2023 stood at 17.8 billion as against INR 13.7 billion in Q3 FY 2022, growing at 29% YoY.
During the quarter, the domestic business saw sustained double-digit revenue growth across both two-wheelers (2W) and three-wheelers (3W). The 2W performance was buoyed particularly by solid 125 cc+ festive season sales while 3W volumes surged. On exports, macroeconomic challenges continue to subdue industry volumes across overseas geographies. While the company continues to navigate this situation through decisive actions, market share remains stable and the resilient performance in ASEAN is alleviating in part, the drop in volumes across other regions. The commercial vehicles maintained their path of recovery to pre-covid levels (now at -75%), as the quarter saw strong growth with stepped-up volumes and market share hit an all-time high across segments. The Chetak EV business continues to steadily expand with volumes up by 5x over the previous year.
Jan 17, 2023
On January 12, Pak Suzuki Motors announced that due to the continued shortage of inventory levels, the management of the company has decided to extend the shutdown of the automotive plant from January 16 to January 20, 2023. However, the motorcycle plant will remain operative and any further updates would be communicated.