Bad news about Pak Suzuki Manufacturing

Web DeskJuly 8, 2023
Bad new about Pak Suzuki Manufacturing

Pak Suzuki Motor Company Ltd (PSMCL) has prolonged the shutdown of its automobile and motorbike manufacturing plants until July 19.

This decision was made due to a continuing lack of parts and accessories. On Friday, the company issued a notice to the Pakistan Stock Exchange informing them of the extension.

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The plants were first shut down from 22 June to 8 July. However, PSMCL announced on June 27 that the shutdown would be prolonged until July 15. Due to the ongoing shortfall, they have decided to extend the shutdown until July 19th.

In a similar vein, Sitara Peroxide Ltd (SPL), a chemical business, has announced the cessation of its production activities.

SPL will temporarily cease manufacturing with immediate effect. The relocation is due to a lack of raw materials and chemicals essential for their operations.


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