KARACHI: Pak Suzuki Motor Company Ltd (PSMCL) has extended its plant shutdown to Aug 29-31 due to State Bank of Pakistan’s restrictions that have adversely impacted clearance of import consignments, which resultantly affected the inventory levels, the company said in a stock filing on Monday.
Earlier, the company had kept its plant shut from Aug 22-26 and Aug 18-19.
The two-wheeler assembly plant would remain operative, PSMCL said.
Last week, the company resumed the booking of a few four wheelers models after suspending it from July 1 onwards.
Published in Dawn, August 30th, 2022