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Pak Suzuki Shuts Automobile, Motorcycle Plant as of July 8

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LAHORE MIRROR — Pak Suzuki Motor Company (PSMC) has announced another shutdown of its automobile and motorcycle plant from June 22 to July 08.

The automaker shared the development in its notice to the Pakistan Stock Exchange (PSX) on Monday.

It said the decision was made due to the ongoing government import restrictions that have affected the auto sector, pushing a shortage of inventory.

“Due to shortage of inventory level, the management of the company has decided to shut-down motorcycle and automobile plant from June 22, 2023 to July 08, 2023,” read the notice.