Pak Suzuki suspends motorcycle production till March 31
Pak Suzuki has suspended motorcycle production till March 31!
The development comes on Friday as Pak Suzuki Motor Company (PSMC) announced the shutdown of its motorcycle plant from March 20 to March 31 as it deals with an inventory shortage due to import restrictions.
“Due to shortage of inventory level, the management of the company has decided to shut down motorcycle plant from March 20, 2023, to March 31, 2023,” read a notice sent to the Pakistan Stock Exchange (PSX).
“However, the automobile plant will remain operative,” the company added.
Pak Suzuki Motor Company is the local assembler, manufacturer and marketer of Suzuki cars, pickups, vans, 4x4s and motorcycles as well as related spare parts. Meanwhile, the Suzuki brand itself is from Japan.
Last month the company announced the temporary shutdown of its automobile plant from February 13 to 17, and later from February 20 to 21, citing an inventory shortage as well.