Ghandhara Nissan to apply new vehicle production schedule from March 13

Ghandhara Nissan to apply new vehicle production schedule from March 13

KARACHI: Ghandhara Nissan has announced today to apply new vehicle production schedule from March 13, 2023 which will be on alternative weekly basis.

The company has also announced to shut down its production plant from March 06, 2023 to March 10, 2023.

The company has insufficient inventory levels therefore it is unable to continue its production activities on regular basis.

Recently introduced mechanism vide EPD Circular No. 20 of 2022 dated December 27, 2022, (effective from 2nd January, 2023), Commercial Banks are advised to prioritize the imports to essential sectors only, which does not include auto sector.

The company and its vendors continue to face major hurdles in import of raw materials and receiving clearance of their consignments from commercial banks. This has disrupted the entire supply chain and the vendors are unable to supply raw materials and components to the Company.