Pak Suzuki Sold Only 2,940 Cars in January Face Massive Decline Due to Production Issues
- 07, March , 2023
Newstoday: Pak Suzuki Motor Company's (PSMC) sales have plummeted for the second time this year due to insufficient inventories and import limitations. Approximately 1,000 units were sold in February by Pakistan Suzuki, according to data from reliable auto journal. This is the automaker's poorest performance since the national COVID-19 lockdowns in April 2020 resulted in zero output and sales. The research attributes the reduction to sporadic manufacturing shutdowns and a lack of completely knocked down (CKD) kits. As well as refusing to issue letters of credit (LCs) for import clearance, the automakers have criticized the State Bank of Pakistan (SBP). The monthly sales of Pakistan Suzuki decreased by 74% in January, to 2,940 units.
In February, tens or even hundreds of units will likely be sold. Until we receive official numbers from the Pakistan Automobile Manufacturers Association (PAMA), we won't know for sure.
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