Lahore May 15 2023: Honda Atlas Cars (Pakistan) Limited (HCAR) is expected to resume operations after remain shut down for more than two months, according to company filing to the exchange.
“With the consistent efforts of the Company and slight improvement in accessibility of trade finance facilities for the supply chain, the Company is now preparing to resume its production in the weeks ahead, with the hope to increase the same gradually” says company in its announcement.
Company first close its operations on March 09, 2023 as Government restored to stringent measures including restricting opening of LCs for import of CKD kits, raw materials and halting foreign payments.
