KARACHI: Honda Atlas Cars Ltd has extended plant closure for another two days (Nov 8-9) after keeping production suspended from Oct 24 to Nov 7.

In a stock filing, the company said that the current level of inventory and parts shortages had severely disrupted the company’s supply chain.

Sherman Research says that car assemblers are again facing issues related to the import of completely knocked-down kits hitting a four-month low at $54 million in September.

In a stock filing, Sitara Peroxide Ltd (SPL) announced that production operations would remain suspended for another 30 days from Nov 8.

Shahzad Textile Mills Ltd on Tuesday announced that it had successfully resumed the operation of Unit No.1 which had temporarily been shut since Sept 29.

Published in Dawn, November 8th, 2023

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