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

Editorial

Dangerous law
17 May, 2024

Dangerous law

OUR political leaders never seem to learn from their mistakes. The Punjab Assembly is due to vote on a new ...
Uncalled for pressure
17 May, 2024

Uncalled for pressure

THE recent press conferences by Senators Faisal Vawda and Talal Chaudhry, where they demanded evidence from judges...
KP tussle
17 May, 2024

KP tussle

THE growing war of words between KP Chief Minister Ali Amin Gandapur and Governor Faisal Karim Kundi is affecting...
Dubai properties
Updated 16 May, 2024

Dubai properties

It is hoped that any investigation that is conducted will be fair and that no wrongdoing will be excused.
In good faith
16 May, 2024

In good faith

THE ‘P’ in PTI might as well stand for perplexing. After a constant yo-yoing around holding talks, the PTI has...
CTDs’ shortcomings
16 May, 2024

CTDs’ shortcomings

WHILE threats from terrorist groups need to be countered on the battlefield through military means, long-term ...