Suzuki to shut down production in Pakistan in January 2023
The woes of the automobile industry in Pakistan continue unabated. Pak Suzuki Motor Company (PSMC) has announced that it will shut down production at its factories there from January 2 to 6, 2023. The firm has cited inventory shortage due to restrictions on auto part imports, as the reason behind the move. Toyota and Millat Tractors Limited have also taken similar steps.