Pak Suzuki Motor Company Limited has once again announced its motorcycle plant shutdown from December 1 to 6 following low sales demand and inventory optimization. However, it clarified that the car production plant will remain operational. In its correspondence to the Pakistan Stock Exchange, the company reasoned the temporary closure of the motorcycle plant with the low level of sales demand and to optimize the inventory of the finished goods.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Pakistan considers establishing National Crypto Council

The Pakistan government is exploring the options to establish a National Crypto…

Pakistan asks Russia for discount on crude oil

Islamabad: Russia refused to give Pakistan a 30-40% discount on Russian crude…

Lyft to lay off over thousand workers

Ride-hailing firm Lyft Inc (LYFT.O) said on Thursday it would lay off…

Another IPP ‘okays’ amendments to PPA after successful talks

Pakistan’s Ministry of Energy has announced a successful negotiation with another Independent…