LAHORE MIRROR — Pak Suzuki Motor Company (PSMC) has announced another temporary shutdown of its automobile plant amid inventory shortage.
The company, in a notice to the Pakistan Stock Exchange (PSX), PSMC said: “Due to shortage of inventory level, the management of the company has decided to shut-down automobile plant from November 09, 2023 to November 14, 2023.”
Meanwhile, the motorcycle plant will remain operative. During the course of the year, the Japanese automaker has announced shutdowns over a dozen times. Last week, it said it would keep its automobile plant shut till November 3.
It made similar announcements in October, September, August, June and May as well, citing a lack of raw material.
