Pak Suzuki Motor Co shuts down plant in Karachi KARACHI: Pak Suzuki Motor Company has been forced to shut down its manufacturing plant in Karachi due to a prolonged... Published 09 Aug, 2024 06:56am
Markets ‘Big three’: car companies hit 21-year low in annual sales volume in Pakistan Pak Suzuki, Honda, and Toyota – Japan’s major auto companies – often attributed as the “Big Three” are expected to... Updated 09 Jul, 2024 11:24pm
Business & Finance Pak Suzuki slashes prices on Swift models KARACHI: Pak Suzuki Motor Company Limited has taken a surprise move, slashing the prices of its popular Swift... Published 03 May, 2024 06:29am
Business & Finance Pak Suzuki announces up to Rs710,000 price drop for Swift variants In what the company titled “limited time offer”, Pak Suzuki Motor Company announced a price decrease of up to... Updated 02 May, 2024 09:47pm
Markets ‘Leak of corporate data’: Cyber-attack hits Pak Suzuki Motor Company Company says its data related to HR, financials port out to public IP Updated 15 Apr, 2024 09:01pm
Markets 2023: Pak Suzuki bleeds Rs10.07bn in losses as sales plunge Pak Suzuki Motor Company (PSMC) sustained massive losses to the tune of Rs10.07 billion in 2023 due to a steep... Updated 08 Apr, 2024 10:33pm
Business & Finance Suzuki Motor Corp decides to buy back PSMC shares at Rs609 Suzuki Motor Corporation (SMC), the parent company of Pak Suzuki Motor Company Limited (PSMC), has decided to... Updated 18 Jan, 2024 03:31pm
Business & Finance At a premium: PSX body determines ‘minimum buyback price’ of Rs609 for Pak Suzuki Motor Company KARACHI: The Voluntary Delisting Committee (VDC) of the Pakistan Stock Exchange (PSX) has determined the ‘minimum... Updated 16 Jan, 2024 08:07am
Markets Suzuki Motor’s major shareholder offers to buy 26.91pc minority shares KARACHI: Suzuki Motor Corporation, Japan, the majority shareholder has proposed to purchase 22,145,760 ordinary... Published 05 Dec, 2023 03:01am
Business & Finance Suzuki Motor proposes purchase of minority shareholders’ stake at minimum Rs406 per share Development follows intention of PSMC's majority shareholder to buy back nearly 22.15mn shares Updated 04 Dec, 2023 10:41pm
Business & Finance Automakers continue to shut production amid falling demand, raw material shortage Amid a decline in demand and the inability to procure much-needed raw material, various companies in the auto sector... Updated 01 Dec, 2023 06:06pm
Business & Finance Pak Suzuki announces yet another shutdown of automobile plant Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant amid... Updated 08 Nov, 2023 03:05pm
Business & Finance Automakers in Pakistan announce temporary shutdowns as economic woes bite Pak Suzuki Motor Company announces another shutdown of automobile plants Agriauto Industries says it will observe a partial shutdown Updated 01 Nov, 2023 04:35pm
Business & Finance PSMC has not yet announced reduction in Suzuki car prices: spokesperson Pak Suzuki Motor Company Limited (PSMC) has not announced a reduction in prices at present, its spokesperson... Published 26 Oct, 2023 06:38pm
Business & Finance Govt, auto sector appear ‘close to resolving manufacturing certificate’ issue OEMs' licence expired at the end of September, and has not yet been renewed due to companies missing the 2% export target in FY23 Published 26 Oct, 2023 06:50am
Business & Finance Pak Suzuki announces yet another shutdown of automobile, motorcycle plants Pak Suzuki Motor Company (PSMC) announced on Tuesday another temporary shutdown of its automobile and motorcycle... Updated 24 Oct, 2023 05:30pm
Business & Finance Suzuki here to stay, company reiterates its commitment to Pakistan’s market Suzuki Motor Corporation will continue to invest in Pakistan and ensure that Pak Suzuki serves its customers in... Published 19 Oct, 2023 09:55pm
Business & Finance Honda Atlas shuts production amid supply chain disruptions Honda Atlas Cars Pakistan, a subsidiary of Honda Motor Co., Ltd., Japan, on Wednesday announced a temporary shutdown... Updated 18 Oct, 2023 07:26pm
Business & Finance BoD of Pak Suzuki Motor Co to meet on 19th KARACHI: The meeting of the board of directors of Pak Suzuki Motor Company Limited will be held on October 19, 2023... Published 13 Oct, 2023 05:50am
Business & Finance Pak Suzuki extends shutdown of motorcycle plant Pak Suzuki Motor Company (PSMC) announced on Thursday that it will extend the shutdown of its motorcycle plant till... Published 14 Sep, 2023 10:53am
Business & Finance Pakistan’s car sales jump 49% MoM in August Car sales in Pakistan witnessed an increase of 49% on a month-on-month (MoM) basis in August 2023, clocking in at... Published 11 Sep, 2023 08:37pm
Business & Finance Pak Suzuki, Agriauto announce shutdown as economic woes bite Feeling the pinch of economic conditions, Pak Suzuki Motor Company (PSMC) and parts-maker Agriauto Industries... Updated 01 Sep, 2023 08:08pm
Markets Pak Suzuki bleeds Rs9.68bn as losses in 6MCY23 as finance costs soar Company remained non-operational through much of the period, as it faced inventory shortages Updated 25 Aug, 2023 03:54pm
Business & Finance Pak Suzuki shuts automobile, motorcycle plant till July 8 Pak Suzuki Motor Company (PSMC) has announced another shutdown of its automobile and motorcycle plant from June 22... Published 19 Jun, 2023 05:51pm
Pakistan Pak Suzuki extends shutdown of motorcycle plant till June 16 Pak Suzuki Motor Company (PSMC) has announced it will extend the shutdown of its motorcycle plant until June 16,... Updated 13 Jun, 2023 03:49pm
Business & Finance Car assembler Pak Suzuki calls for ‘no new taxes or hikes in existing levies’ In letter addressed to prime minister, company wants reduction in duties and taxes for vehicles up to 1,000cc Published 02 Jun, 2023 07:36pm
Business & Finance Pak Suzuki shuts motorcycle plant till June 10 Decision made due to government import restrictions that have affected the auto sector, causing a shortage of inventory Updated 23 May, 2023 06:55pm
Business & Finance Pak Suzuki announces another shutdown, automobile, motorcycle plant to stay closed till May 9 Pak Suzuki Motor Company (PSMC) has once again announced that it will shut its automobile and motorcycle plant until... Published 26 Apr, 2023 04:31pm
Business & Finance Pak Suzuki appoints Hiroshi Kawamaru as new managing director Development comes days after PSMC recorded its highest-ever quarterly loss of Rs12.9 billion Published 20 Apr, 2023 02:02pm
Business & Finance Pak Suzuki Motor Company records highest ever quarterly loss of Rs12.9bn Experts attribute loss to plunge in sales and currency depreciation Published 18 Apr, 2023 03:39pm
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept