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

Kurram atrocity
Updated 22 Nov, 2024

Kurram atrocity

It would be a monumental mistake for the state to continue ignoring the violence in Kurram.
Persistent grip
22 Nov, 2024

Persistent grip

PAKISTAN has now registered 50 polio cases this year. We all saw it coming and yet there was nothing we could do to...
Green transport
22 Nov, 2024

Green transport

THE government has taken a commendable step by announcing a New Energy Vehicle policy aiming to ensure that by 2030,...
Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...