KARACHI: Pak Suzuki Motors Company Limited on Tuesday announced to stop operations in compliance with the government efforts to contain spread of coronavirus epidemic.
“In compliance with directives of provincial governments to contain the spread of COVID-19 across provinces, Pak Suzuki Motor Company Limited has stopped its operations including factory as well as showroom till further notice.”
The company fully supports the efforts of the governments to contain the spread of the epidemic and stand with nation in this difficult hour.
The company will inform the stock exchange as soon as its operation activities will resume, the company said.
The temporary suspension of production and sales activities is expected to impact the automobile sector, which was already facing declining demand and supply chain disruptions. Industry experts believe prolonged shutdowns could affect vehicle deliveries, dealership revenues, and employment linked to the auto industry. Customers awaiting deliveries may experience delays until operations resume and logistics normalize.
The management of Pak Suzuki Motor Company stated that employee safety and public health remain the top priority during the ongoing health crisis. The company also urged citizens to follow government guidelines and precautionary measures to help limit the spread of the virus and support national efforts aimed at protecting communities and stabilizing economic activity across the country.
