Tag: suzuki alto
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CKD kits shortage forces Pak Suzuki to halt car production
Pak Suzuki Motor Company (PSMC) has suspended operations at its Karachi manufacturing plant due to significant delays in the approval of Completely Knocked Down (CKD) kits at the port. Reports indicate that the CKD kits have been stranded at the port for the past 45 days, accruing substantial detention and demurrage charges amounting to billions…
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Pak Suzuki suffers worst sales decline, sells less than 1,000 cars in February
Recent reports indicate that Pak Suzuki Motors has experienced a significant decline in sales due to production issues. The company has recorded its worst sales performance in history, mainly because of a shortage of production parts and rising raw material costs. Reports reveal that Pak Suzuki sold fewer than 1,000 units in February, marking its…
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Suzuki Swift GLX now costs more than Rs4.1 million after recent price hike of Rs355,000
As expected, Pak Suzuki Motor Company (PSMC) has announced a price hike for all cars after Toyota Indus Motor Company (IMC) and Honda Atlas Cars Limited (HACL). The revised retail sale prices will come into effect from January 25, 2023, according to PSMC. Here are the new prices: Model Old Price (Rs) New Price (Rs)…
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Pak Suzuki extends plant closure due to low inventory
The State Bank of Pakistan (SBP) has imposed import restrictions that have negatively impacted the clearance of import consignments, which has in turn affected the inventory levels, according to Pak Suzuki Motor Company (PSMC), which announced on Monday that the shutdown of its auto production plant has been further extended from August 29 to August…
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Toyota announces a massive price increase for all vehicles
Toyota Indus Motor Company (IMC) has introduced a massive price hike.
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Pak Suzuki may discontinue Cultus to promote new Swift
One of Pak Suzuki Motor Company’s (PSMC) best-selling vehicles, Suzuki Cultus, will reportedly no longer be produced. According to reports, all variants of the hatchback will be officially phased out in the upcoming months. According to Pakwheels, Alto and Swift sales had an impact on Cultus sales, and the company intended to actively promote Swift…
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Pak Suzuki records 62 per cent increase in sales
Following the launch of multiple new models in the local auto market, the demand for cars has increased significantly since COVID-19. According to a Business Recorder report, volumetric sales in the auto industry have increased significantly Year Over Year (YOY) through the eleventh month of the fiscal year 2022 (11MFY2022). According to the data, around…