Pak Suzuki Plant Shut Down Now in Pakistan

Pak Suzuki Plant Shut Down: Due to continued insufficient inventory level, the Pak Suzuki Motors has decided to shut down its automobile production 17th time this year starting from November 06, 2023 till November 08, 2023. To be noted, motorcycle production will remain operational.

Pak Suzuki Plant Shut Down (Previous Updates):

• Following the ongoing shortage of inventory, the Pak Suzuki Plant shut down its automobile production starting October 30 till November 3, moreover motorcycle production will be closed from November 1 till November 3.
• Following the ongoing shortage of inventory, the Pak Suzuki Plant shut down its automobile production starting starting October 25, 2023 till October 27, 2023.
• Due to ongoing shortage of inventory, the Pak Suzuki Motors has announced to shut down its automobile production starting starting September 1, 2023 till September 12, 2023.
• Following the ongoing shortage of inventory, the Pak Suzuki Plant shut down its automobile production starting starting August 18, 2023 till August 31, 2023.
• Due to the shortage of inventory, the Pak Suzuki Motors has announced to shut down its automobile production starting starting July 31, 2023 till August 15, 2023.
• Following the ongoing shortage of inventory, the Pak Suzuki Plant shut down its automobile and motorcycle production till July 19, 2023
• Due to shortage of inventory, the Pak Suzuki Motors has announced to shut down its automobile and motorcycle production starting 22-June-2023 to 08-July-2023.
• Following the shortage of inventory, the Pak Suzuki Motors has announced to shut down its motorcycle production starting 12-June-2023 till 16-June-2023.
• Following the ongoing shortage of inventory, the Pak Suzuki Plant shut down its motorcycle production starting 23-May-2023 till 10-June-2023.
• Due to lake of inventory, Pak Suzuki Motors has extended the shut down of its automobile and motorcycle production till 9-May-2023.
• Pak Suzuki Motors has announced to extend the shut down of motorcycle production till April-28-2023.
• The management of Pak Suzuki Motors has announced to extend the shut down of its motorcycle production till April 15, 2023.
• The Pak Suzuki Motor’s automobile production will also shutdown on April 07, 2023 and April 14, 2023.
• Pak Suzuki Motor has shut down motorcycle production starting 20-March-2023 till 31-March-2023.
• Suzuki Pakistan assembly operations and production will be shut down starting 20-Feb-2023 till 21-Feb-2023.
• Pak Suzuki Plant shut down its automobile plant starting February 13 till February 17, 2023, following the lake of inventory levels. However, company’s motorcycle plant will be operational.
• Pak Suzuki Motor extended the production shutdown starting January 16, 2023 till January 20, 2023, due to the lack of spare parts inventory. However, company’s motorcycle plant remains operational.

Pak Suzuki Plant Shut Down (Reason)

After Toyota closed its Pakistani factory, Suzuki also stopped production in the country. The reason given by the company is that it is a barrier to import spare parts and raw materials to produce its cars. The main obstacle in this regard is the approval that car companies need to get from the State Bank of Pakistan for imports.

The pre-approval mechanism is not an obstacle at all. But the approval delay (common in most government departments) is the reason companies are facing shortage of spare parts and raw materials (Toyota and Suzuki). As a result, they are unable to maintain adequate inventory levels for production.

Suzuki’s Low Sales in Pakistan

If we look at the sales of Suzuki cars in Pakistan, according to the PAMA car sales report, it has decreased compared to November-2022, except for the Alto, which has a good sales performance in the country. The closing of the factory will further reduce the company’s sales.

Suzuki’s bike sales figures are not negative (according to the latest PAMA bike sales report). Mainly because of the 0% markup plan of Suzuki bikes, this allows consumers to buy motorcycles with easy monthly installments. It is worth mentioning that the company recently launched the Suzuki GSX 125 in Pakistan. This production shutdown will also affect its sales. However, the company has stopped bookings for this bike.

Conclusion

Overall, it is very bad news for the automobile industry as major manufacturers have to close their factories in Pakistan. However, there is one important thing to note. Other companies followed the same policy but did not close their factories. Strange thing?

What do you think about the suspension of production by these companies in Pakistan? Share your thoughts in the comments section below.

Also Read: Honda Atlas Shuts Down the Factory Now in Pakistan