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Pak Suzuki Motor Company Limited Suzuki Motor flowerpot designs and manufactures passenger cars, money qualification(prenominal) vehicles, motorcycles, all terrain vehicles (ATVs), outboard motors and other products. The company endlessly and vigorously promotes good cooperation through numerous joint ventures overseas, and its main(prenominal) work facilities are currently located in 23 countries and regions overseas. The established network enables Suzuki to operate as a international organization serving 196 countries and regions. Pak Suzuki Motor Company Limited (PSMCL) was established, as a joint venture between Pakistan automobile Corporation (PACO) and Suzuki Motor Corporation (SMC) - Japan. The Company was incorporated as a public limited company in August 1983 and started commercial operations in January 1984. Pak Suzuki is engaged in progressive manufacturing, put together and marketing of Suzuki brand vehicles and motorcycles in Pakistan, under license from SMC-Japan. The initial share holding of SMC-Japan in PSMCL was 12.5%. The company was privatized in 1992. SMC-Japan subsequently acquiring additional shares from PACO enhanced its shareholding to 40% and took over the management. SMC-Japan gradually increased its shareholding in the company to 73.09%.

After privatization Pak Suzuki invested heavily in plant expansion and up-gradation. The Company progressively enhanced its production capacity from 50,000 units per annum in the year 1992 to 150,000 units per annum in year 2007, making it the largest Automobile Production facility in Pakistan. Pak Suzuki is considered pioneer of Automobile Business in Pakistan. The vehicles produced by the company include Cars, slender Vans, Pickups and Motorcycle. The company has played an important role in the information of vendor base in Pakistan. Following the aggressive polity of Indigenization, Suzuki vehicles have achieved a healthy local content of upto 72%. This was made possible by providing strong support and technical assistance to the... If you want to get a full essay, lay out it on our website: Orderessay

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