For the last 2 years, the Pakistani automobile industry is in hot waters. Pak Suzuki, the largest 2 and 4-wheel manufacturer has taken serious financial damages. Pak Suzuki has again shut down its motorcycles production plant in Karachi Pakistan. Here is what we know so far.
Over the last couple of months, Suzuki is facing multiple nonproduction days and plant closures. This is because of the lack of inventory required to assemble motorcycles. The previous government imposed heavy duties on imports and the Pakistani automobile industry is highly dependent on China. Hence the lack of inventory, spare parts, and important items forced Suzuki to close the plant.
This time, the plant shutdown is from 18th August to 31st August. As per Suzuki dealers, motorcycle prices may also increase as the dollar is highly unstable. The plant closure is also coupled with poor sales which is making the situation even worst. Suzuki sold only 957 motorcycles last month which is way less for a company of this size and workforce.
What do you think is why Pak Suzuki is failing to operate and prosper? Do let us know in the comments.