Pak Suzuki has once again announced to extension of its plant shutdown in Pakistan. After keeping the four-wheeler plant closed from the 6th to the 8th of November 2023, the company has extended its plant shutdown for another week, that is from the 9th to the 14th of November due to a continuous shortage of parts.
This is the fourth NPD (non-production days) schedule Pak Suzuki has announced within a span of a month. However, according to the notice sent to the Pakistan Stock Exchange, the company said its motorcycle plant will remain operative.
Earlier, the company announced an NPD schedule on 18th October, then on 24th October, and then on 1st November 2023. Bear in mind Pak Suzuki has observed the highest number of NPDs among any assembler operating in the country. Suzuki enjoys a market share of almost 52% in Pakistan, but during the first quarter of this fiscal year, it only sold 10,946 units, a 34% decrease from the already low 16,639 units sold during the same period last year. The overall sales of Pak Suzuki vehicles in Pakistan have declined by nearly 65% from the peak period.
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