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

Faizabad redux
Updated 02 Oct, 2023

Faizabad redux

TLP was allowed to flourish despite its virulent ideology, recurrently causing immense embarrassment for Pakistani authorities in later years.
Exporting beggars
02 Oct, 2023

Exporting beggars

A RECENT revelation by the Senate Standing Committee on Overseas Pakistanis during a briefing to the Senate has...
Brutalising society
02 Oct, 2023

Brutalising society

THE Senate Standing Committee on Interior passed a bill last week with a majority vote that favoured the public...
Massacre again
Updated 01 Oct, 2023

Massacre again

If this monster is not vanquished at this stage, it will create a security nightmare of significant proportions.
A refuge no longer
01 Oct, 2023

A refuge no longer

SEPTEMBER has seen an alarming rise in the rounding up and detention of Afghan refugees. Pakistani authorities cite...
Whither justice?
01 Oct, 2023

Whither justice?

THE challenge is to ensure bestial tragedies are remembered. Two cases of femicide, involving men from Pakistan’s...