KARACHI: Pak Suzuki Motor Company Ltd (PSMCL) has further extended the shutdown of its car and motorcycle plants till July 19 due to a persistent shortage of parts and accessories, said a notice sent by the company to the Pakistan Stock Exchange on Friday.

The auto assembler had kept both plants closed from June 22 to July 8, and notified on June 27 that it was extending the shutdown till July 15.

Separately, Sitara Peroxide Ltd (SPL) also announced to suspend production activities temporarily with immediate effect due to the non-availability of raw materials/chemicals.

The management hopes the situation will improve soon enabling the company to resume production after two weeks.

Published in Dawn, July 8th, 2023

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Money and man

Money and man

There is no ambiguity about whether very high inflation devastates society; but economists are not entirely sure how much influence high interest rates hold in controlling inflation.

Editorial

Another approach
Updated 01 Jun, 2024

Another approach

Conflating the genuine threat it poses with the online actions of a few misguided individuals or miscreants seems to be taking the matter too far.
Torching girls’ schools
01 Jun, 2024

Torching girls’ schools

PAKISTAN has, in the past few weeks, witnessed ill-omened reminders of a demoralising aspect of militancy: the war ...
Convict Trump
01 Jun, 2024

Convict Trump

AFTER a five-week trial saga, a New York jury on Thursday found former US president Donald Trump guilty of ...
Uncertain budget plans
Updated 31 May, 2024

Uncertain budget plans

It is abundantly clear that the prime minister, caught between public expectations and harsh IMF demands, is in a fix.
‘Mob justice’ courts
31 May, 2024

‘Mob justice’ courts

IN order to tackle the plague of ‘mob justice’ that has spread across the country, the Council of Islamic...
Up in smoke
31 May, 2024

Up in smoke

ON World No Tobacco Day, it is imperative that Pakistan confront the creeping threat of tobacco use. This year’s...