IS SUZUKI SHUTDOWN IN PAKISTAN LATEST NEWS

Pak Suzuki Engine Organization's (PSMC) deals have ended up in a very difficult situation twice this year because of deficient stock and import limitations.

According to the most recent update from the oft-dependable autojournal, Pak Suzuki sold less than 1,000 units in February. This is the automaker's most exceedingly awful presentation yet since countrywide Coronavirus lockdowns in April 2020, which saw creation and deals arrive at nothing.

The report refers to irregular creation closures and the inaccessibility of totally wrecked (CKD) packs as the justification for the decay. The automakers have likewise accused the State Bank of Pakistan's (SBP) hesitance to support letters of credit (LCs) for the leeway of imported merchandise.

In January, Pak Suzuki sold 2,940 vehicles, noticing a monstrous downfall of 74% in month to month deals. The tremendous downfall was because of the unfortunate deals of Suzuki Alto, which went from 6,898 units in December 2022 to only 44 units in January 2023.

In February's information, the deals, everything being equal, will probably be up in the tens or low hundreds. We will know that without a doubt once official figures from Pakistan Auto Producer Affiliation (PAMA) show up.