Honda closes its factory in Pakistan due to fiscal crunch

Honda Atlas buses– the assembler of Honda motorcars in Pakistan has blazoned to close its factory in the country citing severe dislocation. According to a Geo News report, the decision comes amid the ongoing fiscal crunch in Pakistan. before, Pak Sukuzi Motor Company( PSMC) and Indus Motor Company( IMC), the assembler of Toyota- brand motorcars in Pakistan, also blazoned to fully shut down its product factory.