LAHORE MIRROR — Pak Suzuki Motor Company (PSMC) has decided to extend the shutdown of its automobile and motorcycle plant till July 19.
The automaker shared the development in its notice to the Pakistan Stock Exchange (PSX) on Friday.
It said the decision was made as the automaker faces a shortage of inventory.
“Due to continued shortage of inventory level, the management of the company has decided to extend the shut-down motorcycle and automobile plant till July 19, 2023,” read the notice to PSX.
PSMC had earlier closed its motorcycle and automobile plant till July 15, 2023. The auto assembler also closed both its automobile and motorcycle plant from May 2 to May 9, due to a lack of raw material.
