Paksuzuki
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| Public | |
| Traded as | : PSMC |
| Industry | Automotive |
| Founded | 1983 |
| Headquarters | Karachi, Pakistan |
| Products | Suzuki Automobiles |
| Revenue |
 ₨84.548 billion (US$800 million) (2015) |
|
₨5.842 billion (US$55 million) (2015) |
|
| Parent | Suzuki Motor Corporation Pakistan Automobile Corporation Limited |
| Website | www |
Pak Suzuki Motor Company (PSMCL) is a Pakistani affiliate of Japanese automaker Suzuki. It is the Pakistani assembler and distributor of cars manufactured by Suzuki and its subsidiaries and foreign divisions. Currently Pak Suzuki is the largest car assembler in Pakistan. Most vehicles are produced and sold by Paksuzuki including the Mehran, Bolan, Ravi, Cultus and Swift are obsolete vehicles sourced from Suzuki Japan that do not confirm to modern automotive safety or emission standards. No vehicle assembled by Paksuzuki offers airbags to date. The company's highest selling models, Suzuki Mehran, is a very basic vehicle that does not even have side vents for air conditioning and rear window defogger and the same model was in production between 1988-2017 with very minor cosmetic changes.
The firm was founded in September 1982 as a joint venture between the government of Pakistan and Suzuki Motor Japan, formalizing the arrangement by which Awami Auto Ltd. had produced the Suzuki SS80 from 1982. Suzuki originally owned 25% of the stock, and have gradually increased their holding; they now own 73.09%. Pak-Suzuki was a joint venture between the semigovernmental Pakistan Automobile Corporation (PACO), who had earlier overseen local assembly from kits. Pak Suzuki is the market leader in Pakistan Automobile Market by having more than 60%(December, 2011) of market share. Lacking serious competition, Pak Suzuki has had a market share of more than 50% since its inception and has complete monopoly in the small car segment. Apart from giving automobile related services like Suzuki Finance and Suzuki Insurance, Pak Suzuki also deals in Pak Suzuki Certified Used Cars.
Having assembled both the Carry and Jimny locally since 1976, Suzuki's first locally built product was the 800 cc ST90 Carry van and truck. 25,000 per year was the beginning production. By 1984 the 1000 cc Jimny (SJ410) and 800 cc Alto/Fronte (called "FX") had been added to the lineup, and a second plant was planned for 1985. Cars built by Suzuki Pakistan often lack essential features which are standard in other cars, such as airbags, rear windshield defogger and rear seat belts. In 2006, Pak Suzuki offered factory-fitted CNG two years after rival Dewan Motors started offering the facility in their locally assembled Hyundai Santros. By 2012 the Pakistani-assembled Suzuki Mehran remained possibly the last car in the world which still used a carburetted engine, but from the end of 2012 Suzuki Mehrans have been equipped with EFI engines to meet the old Euro-II emission standards.As of 2017, the car still remains in production. As a joint venture, Pak Suzuki is also investing in an automobile glass manufacturing company.
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Wikipedia