Suzuki Company Initiates Motorcycle Plant Shutdown

Suzuki Company Initiates Motorcycle Plant Shutdown

Suzuki Company Initiates Motorcycle Plant Shutdown

The famous Motor Cycle manufacturing Company Pak Suzuki Motor Company (PSMC) has announced bad news for Pakistan. Pak Suzuki has announced again shutdown of its motorcycle plant due to low inventory.

Due to the Continuous Shortage of Raw materials, the company has decided to shut down its operations. Raw material for the Suzuki Motor Cycle plant is purchased from other countries in dollars. As recently dollar prices is continuously increasing and Suzuki is shutting down. The Owners of Suzuki Company have decided to shut down its operation for 15 days again this notice is given this year at the start and again Suzuki is stopping its operations.

It is to be noted that if a company is facing such difficulties it is to be seen in the near future that maybe Pak Suzuki Motor Company (PSMC) will permanently close its operation in Pakistan, the country has issued a notice letter to the Pakistan Stock Exchange (PSC) about their decision that due to continuous shortage of raw materials, they are unable to manufacture and operate the company. As the raw material is not enough

The production of Suzuki Motorcycles will be will remain paused for 16 days, starting from July 31, 2023, to August 15, 2023, it said, adding that the automobile plant will remain working only. This will impact the motorcycle prices of Suzuki all over Pakistan.

Also, Read; Suzuki GS 150 Price in Pakistan August 2023.

The improvement comes days after cruiser and vehicles plants reestablished their procedure on July 20 after a lengthy closure because of the low degrees of stock.

The bike maker has been impacted by the deficiency of unrefined substances, which occurred because of import limitations forced by the public authority due to exhausting unfamiliar trade saves, a few times since July 2022.

The Honda Map book Vehicles and Indus Engine Organization have had to close their tasks during this period because of import limitations. The circumstance has additionally constrained the car parts producers to end the activities for a brief time.

The closure of plants has caused vulnerability among representatives and financial backers.