KARACHI: Ghandhara Nissan Ltd (GNL), the assembler of Dongfeng and JAC vehicles, on Monday announced production suspension from March 6-10 due to a shortage of parts.

In a stock filing, the company also informed that from March 13 it would start production activities on an alternative weekly basis until further notice.

The company said its vendors continued to face major hurdles in the import of raw materials and receiving clearance for their consignments from commercial banks.

This has disrupted the entire supply chain and vendors are unable to supply raw materials and components to the company, GNL added.

Meanwhile, Sazgar Engi­neering Ltd on Monday resumed car production after keeping it suspended from Feb 27 to March 4 due to government restrictions on the import of completely knocked-down kits and raw materials of vehicles.

In the meantime, the Pakistan Association of Aut­omotive Parts and Accessories Manufactures has expressed its deepest concerns about the industry’s rapidly deteriorating situation due to the country’s worsening economic conditions mainly the ru­pee depreciation and import curbs have led to large-scale production shut­downs triggering drastic layoffs across the auto sector.

Published in Dawn, March 7th, 2023

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Kurram atrocity
Updated 22 Nov, 2024

Kurram atrocity

It would be a monumental mistake for the state to continue ignoring the violence in Kurram.
Persistent grip
22 Nov, 2024

Persistent grip

PAKISTAN has now registered 50 polio cases this year. We all saw it coming and yet there was nothing we could do to...
Green transport
22 Nov, 2024

Green transport

THE government has taken a commendable step by announcing a New Energy Vehicle policy aiming to ensure that by 2030,...
Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...