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Pak Suzuki Motor Company Limited (PSMC), the assembler of Suzuki automobiles in the country, has announced a 16-day shutdown of its motorcycle plant.
In a filing to the Pakistan Stock Exchange (PSX) on Monday, PSMC informed the market of the development.
According to the statement, “due to shortage of inventory level, the management of the company has decided to shut-down motorcycle plant from July 31, 2023 to August 15, 2023.”
Its auto factory will continue to operate.
PMSC is the assembler, manufacturer, and marketer of Suzuki cars, pickups, vans, 4x4s and motorcycles as well as related spare parts. The Suzuki brand itself is from Japan.
PSMC said last month that its plant for cars and motorcycles would be closed from June 22 to July 8; this closure was later extended to July 19.
Prior to June 16, 2023, PSMC had previously shutdown its motorcycle plant. Due to a shortage of raw materials, the car assembler shut down both its motorbike and vehicle plants from May 2 to May 9.
Additionally closed from April 7 to April 28 was the auto assembly factory.
