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

Who bears the cost?

Who bears the cost?

This small window of low inflation should compel a rethink of how the authorities and employers understand the average household’s

Editorial

Internet restrictions
Updated 23 Dec, 2024

Internet restrictions

Notion that Pakistan enjoys unprecedented freedom of expression difficult to reconcile with the reality of restrictions.
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...
Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...