PSMC shuts motorcycle, automobile plant from May 2

MG News | April 26, 2023 at 02:19 PM GMT+05:00

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April 26, 2023 (MLN): The management of Pak Suzuki Motor Co. Ltd. (PSX: PSMC) on Wednesday decided to the shutdown period of its motorcycle and automobile plant from May 2, 2023, to May 9, 2023, owing to the shortage in inventory levels.

The management has assured that any further updates regarding this matter will be communicated accordingly.

Earlier this month, the company extended the shutdown period of its motorcycle plant until April 28, 2023.

On March 17, 2023, the company decided to temporarily shut down its motorcycle plant and since then the inventory level has not improved.

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