Datsun Car project put on-hold, as company weighs in viability

• The company says that Indonesia, which is the mother plant for Datsun CKD kits, may not be a sustainable KD source.

Ghandhara Nissan Limited has announced to put its much anticipated ‘Datsun Car project’ on-hold, as the company awaits to get a clear roadmap from Nissan Motor Limited (NML).

Sharing the report on Datsun Car project in its filing to the Pakistan Stock Exchange, the company said that “GNL together with Nissan Motor Co. Ltd (NML) has invested a lot of time and resources to ensure optimum level of localization in an efficient and effective manner.”

However, the company informed that as part of NML’s recent business strategy and particularly the management policy change with respect to the Datsun segment, it is critical to note that Indonesia, which is the mother plant for Datsun CKD kits, may not be a sustainable KD source.

“Thought, we still await Nissan’s assurance/confirmation on the continued and smooth supply of Datsun parts, yet it is high time to put the ongoing project activities on-hold before getting a clear roadmap from NML,” said the company.

Ghandhara Nissan added that till Nissan takes a final decision on this project, GNL will have to wait for a final verdict on the viability of the project. “On the other hand, cognizant of the incentives of the Brownfield status, the company is also exploring other avenues in parallel with focusing on capacity building of existing operations,” the company said.