Pak Suzuki Motors

Pak Suzuki Motor Company (PSMCL) is a Pakistani automobile company which is a subsidiary 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. 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.[3] 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 semi-governmental 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% (as of 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.