Here is the reason why Pak Suzuki halted production in Pakistan

Pak Suzuki Motor Company Limited (PSMCL) has ceased production at its Karachi plant due to delays in CKD kit approvals, exacerbating challenges in Pakistan’s automotive sector.

Moreover, the shutdown, which follows Toyota Indus Motor Company’s recent production halts, has led to significant financial losses for PSMCL and a drop in government tax revenue.

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In addition, IMC has experienced consecutive production stoppages over the past month due to parts shortages, further straining the industry.

Furthermore, experts urge immediate government action to resolve these issues and restore investor confidence.