Pak Suzuki has finally announced to halt production on Mondays.
When most car manufacturers of the country were making announcements to observe non-production days owing to a reduction in the sales of their piling up stock, Pak Suzuki Motor Company was the only firm that continued with its production without any break.
But, on Wednesday, Pak Suzuki also announced that its production facilities would remain closed for 3 days during this month. Each Monday would be observed as a non-production day (NPD).
The car sales speed up usually in the month of January as new models are announced in the last year makes it to the showrooms. Owing to all the complete bleak economic outlook of the nation, this trend of the auto sector has changed this year.
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As per the issued notification by Pak Suzuki, every Monday in the month would be observed as NPD against the dilemma of the severely decreasing demand. The firm has also announced to cut the production of its hot-selling 660cc Alto by 25 per cent. Pak Suzuki has recorded a record dip in the sales of Swift, WagonR, Cultus and Bolan.
For making up for the reducing sales for last year, Pak Suzuki has announced Rs.50,000 to Rs.90,000 surge in prices for all of its models for 2020.
Besides Suzuki, Toyota Indus Motor Company and Honda had also observed the non-production days owing to a decrease in the latest months.