KARACHI: Pak Suzuki Motors on Wednesday announced to stop production by shutting down plant due to raw material shortage.
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Price, specs of Suzuki Cultus in Pakistan
Suzuki Cultus was launched in Pakistan on April 22, 2017. The car is locally manufactured by Pak Suzuki Motor Company Limited.
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Pak Suzuki shuts down automobile plant till Jan 20
KARACHI: Pak Suzuki Motor Co. Limited on Friday announced shut down of its automobile plant till January 20, 2023.
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Pak Suzuki announces continuation of automobile plant shutdown
KARACHI: Pak Suzuki Motor Company Limited on Friday announced to continue its shutdown of automobile plant during next week.
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Pakistan Suzuki decides plant shutdown from Jan 02, 2023
KARACHI: Pakistan Suzuki on Monday decided to shut down its plant from January 02, 2023 till January 06, 2023.
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Price, specs of Suzuki Swift in Pakistan
The Suzuki Swift was launched in Pakistan on February 24, 2022. The car is locally manufactured by Pak Suzuki Motor Company Limited.
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Price, specs of Suzuki WagonR in Pakistan
Suzuki WagonR was launched in Pakistan on April 22, 2022. The car is locally manufactured by Pak Suzuki Motor Co., Ltd.
The ex-factory price of Suzuki Wagon R VXR is Rs2,629,000. The ex-factory price of Suzuki Wagon R VXL is Rs2,789,000. The ex-factory price of Suzuki Wagon R AGS is Rs3,059,000.
The car is available in variety of colors which include Pearl Black, Graphite Gray, Silky Silver, and Solid White.
READ MORE: Price, specs of Land Cruiser 300 in Pakistan
The car contains 1.0 liters, Euro 2 petrol engine with a displacement of 998cc which generates a power of 50/6200 kW/rpm at a torque of 90/3500 Nm/rpm. WagonR has mileage up to 14km/l on urban areas and 17km/l on highways making for an estimated range of up to 490KM to 595km.
The car has a distant sloping stance, imposing look and design which makes it more attractive to people. The car contains spaciousness, safety features and AGS transmission which ensures fuel efficiency and gives comfort to drivers.
WagonR is equipped with K-series engine which makes the car fuel efficient and makes the drive smooth, noiseless and powerful.
READ MORE: Price, specs of Toyota Corolla Altis X in Pakistan
The value added features of Suzuki WagonR 2022 are AGS Transmission, Keyless Entry, Immobilizer, Anti-Theft security system, Front passenger under seat tray, Infotainment System 9” Mp5 Touch Screen, Power Steering, High quality seat fabric, power windows, alloy wheels, Rear end chrome garnish, and rear flat floor.
The accentuated accessories in car are Side body moulding and side under spoiler, door visors, rear under spoiler, front under spoiler, rear upper spoiler, and fog lamps.
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Price, specifications of Suzuki GSX 125
Suzuki GSX 125 is launched with the official price of Rs359,000. The company launched the motorcycle with the official red, black and blue color.
According to the company, the bike can be booked in the nearest Suzuki dealership with the choice of selecting colors.
The motorcycle is launched with powerful and fuel efficient 125cc Engine, equipped with SEP (Suzuki Eco Performance) Technology. The Efficiency and Power Goes Hand-in-Hand.
Suzuki GSX125 is crafted with sporty curves, diamond-shaped halogen headlamp, vibrant & strong shocks, 2-POD calliper hand-bars, alloy rims with disc brakes and shimmering muffler.
READ MORE: Pak Suzuki Motors posts hefty loss of Rs2.5 billion in third quarter
The features of the bike include 125cc single cylinder, 4 stroke air cooled engine. 7.8kw/9000 rpm max power. 9.2Nm torque at 7000 rpm. The bike has the option of Self Start. There are 5-speed constant mesh transmission.
The height of the seat of bike is 770mm with kerb mass of 126 kilograms and a fuel tank with huge capacity of 14.2 liters.
The bike has wheels with overall length of 1990mm, width of 755mm, height of 1075mm, wheel base of 1270mm and ground clearance of 167mm.
The bike has 2.75-18 tubeless front tyre and 90/90-18 tubeless rear tyre. Hydraulic disc front brake and internal expanding drum rear brake. The bike also has a spring hydraulic damping front suspension and spring hydraulic damping rear suspension.
READ MORE: Suzuki Pakistan announces plant shutdown on inventory shortage
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Suzuki launches GSX 125 motorcycle in Pakistan.
Suzuki Pakistan launched the GSX 125 motorcycle in Pakistan which was already displayed in the Pakistan Auto Show 2022 by the company.
Suzuki GSX125 is crafted with sporty curves, diamond-shaped halogen headlamp, vibrant & strong shocks, 2-POD calliper hand-bars, alloy rims with disc brakes and shimmering muffler.
The motorcycle is launched with powerful and fuel efficient 125cc Engine, equipped with SEP (Suzuki Eco Performance) Technology. The Efficiency and Power Goes Hand-in-Hand.
READ MORE: Pak Suzuki Motors posts hefty loss of Rs2.5 billion in third quarter
The company launched the motorcycle with the official colors of red, black and blue.
The features of the bike include 125cc single cylinder, 4 stroke air cooled engine. 7.8kw/9000 rpm max power. 9.2Nm torque at 7000 rpm. The bike has the option of Self Start. There are 5-speed constant mesh transmission.
The bike has 2.75-18 tubeless front tyre and 90/90-18 tubeless rear tyre. Hydraulic disc front brake and internal expanding drum rear brake. The bike also has a spring hydraulic damping front suspension and spring hydraulic damping rear suspension.
The bike has wheels with overall length of 1990mm, width of 755mm, height of 1075mm, wheel base of 1270mm and ground clearance of 167mm.
The height of the seat of bike is 770mm with kerb mass of 126 kilograms and a fuel tank with huge capacity of 14.2 liters.
READ MORE: Suzuki Pakistan announces plant shutdown on inventory shortage
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Pak Suzuki Motors posts hefty loss of Rs2.5 billion in third quarter
Pak Suzuki Motors Company Limited (PSMC) on Wednesday declared massive loss of Rs2.5 billion for third quarter (July – September) 2022.
According to financial results submitted to Pakistan Stock Exchange (PSX), the company announced its third quarter of current year results where it posted loss after tax of Rs2.5 billion compared with profit of Rs443 million in the second quarter. The loss per share of the company came at Rs30.2 as compared with earnings per share Rs5.4 during the period under review.
The cumulative loss for nine months of current year (January – September 2022) to Rs2.5 billion with loss per share of Rs30.5/-.
Analysts at AKD Securities Limited said that earnings for the quarter are well below industry expectations due to finance costs going through the roof, clocking in at Rs4.8 billion for the quarter.
Revenue for the quarter has decreased by 54 per cent quarter on quarter (QoQ) to reach Rs29.8 billion, while also down by 41 per cent year on year (YoY).
The gross margin in third quarter of the current year clocked in at 5.2 per cent in contrast to the 4.4 per cent in the second quarter of the year. Despite significant currency depreciation, the company has hiked its prices in accordance, with the revised prices of June effective on some of the cars delivered, the analysts added.
They further said that finance costs have beaten expectations by a mile. With the Rs4.8 billion consisting of hefty compensation on late deliveries, likely north of Rs3 billion. The rest of the distance consists of exchange losses due to the revaluation of foreign trade creditors.
The company has sustained its strong other income in the quarter, clocking in at Rs1.1 billion owing to strong income from cash balance. The amount is significantly lower than the estimates, primary due to cash balance being diminished by the hefty payments on late deliveries.