Pakistan: Inventory shortage forces Pak Suzuki to shut down motorcycle plant
Islamabad: Pak Suzuki Motor Company (PSMC) on Friday announced the decision to shut down its motorcycle plant for 12 days due to the shortage of inventory, media reports said.
In the notice sent to the Pakistan Stock Exchange (PSX), the PSMC said that management has decided to shut down the motorcycle plant from March 20 to March 31 due to a shortage of inventory, reports Geo News.
The motorcycle manufacturer said the automobile plant will remain operative.
The company is the local assembler, manufacturer and marketer of Suzuki cars, pickups, vans, 4x4s and motorcycles as well as related spare parts.
Meanwhile, the Suzuki brand itself is from Japan, reports Geo News.
PSMC last month had temporarily shut down its automobile plant from February 13 to 17, and then again from February 20 to 21, citing an inventory shortage back then as well.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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