PSMC shuts down motorcycle plant for 2 weeks
MG News | August 18, 2023 at 12:00 PM GMT+05:00
August 18, 2023 (MLN): Pak Suzuki Motor Company Limited (PSX: PSMC) has decided to shut down its motorcycle plant from August 18 to August 31, 2023, the company’s latest filing on PSX revealed.
The above decision is due to a shortage of inventory levels.
However, the automobile plant of PSMC will remain operative.
Notably, this comes after the motorcycle plant had been shut down till August 15, 2023.
PSMC is engaged in the assembling, progressive manufacturing, and marketing of Suzuki cars, pickups, vans, 4x4s and motorcycles, and related spare parts.
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