Recent months have been challenging for the Pakistani car industry due to import restrictions. The non-approval of the letters of credit (LC) forced multiple automakers including Pak Suzuki Motor Company (PSMC) to observe production cuts to cope with the rising inflation.
However, PSMC is seemingly trying to pick up the pace by resuming the bookings for all cars. The previous resumption was for corporate customers only and was confined to a limited number of models and units.
The current resumption is for all customers, although each model will be sold as per a specific quota. According to a Suzuki dealership, the delivery time on all models is currently two months. With this development, PSMC stands a strong chance of increasing its sales in the coming months.
Car Sales Since July
Due to import limitations, recent months have been difficult for Pakistan’s automobile industry. Numerous automakers, including Pak Suzuki Motor Company (PSMC), were compelled to implement production reductions in order to deal with the rising inflation as a result of the letters of credit’s (LC) rejection.
PSMC has resumed accepting bookings for all cars, suggesting that it is attempting to quicken the pace. The prior restart was only available to business customers and was only available on a select range of models and units.
The current resumption is for all customers, although each model will be sold within a certain capacity. A Suzuki dealership claims that the current delivery period is two months for all models. With this development, PSMC has a good chance of seeing an increase in sales in the near future.