 "Maruti to stop production at Gurugram, Manesar plants for two days")
The country's largest carmaker Maruti Suzuki India on Wednesday said it had decided to suspend production at its Gurugram and Manesar plants in Haryana for two days.
The company said it will halt manufacturing operations at the two manufacturing facilities on September 7 and 9.
“Both days will be observed as no production days,” Maruti said in a statement.
Reeling under severe slowdown, the auto major had reduced its production by 33.99 per cent in August, making it the seventh straight month of reduction.
The company produced a total of 1,11,370 units in August as against 1,68,725 units in the year-ago month.
Passenger vehicles' production last month stood at 1,10,214 units as against 1,66,161 units in August 2018, a decline of 33.67 per cent.
In July, the automaker had cut its production by 25.15 percent to 1,33,625 units.
The company said it will halt manufacturing operations at the two manufacturing facilities on September 7 and 9.
“Both days will be observed as no production days,” Maruti said in a statement.
Reeling under severe slowdown, the auto major had reduced its production by 33.99 per cent in August, making it the seventh straight month of reduction.
The company produced a total of 1,11,370 units in August as against 1,68,725 units in the year-ago month.
Passenger vehicles' production last month stood at 1,10,214 units as against 1,66,161 units in August 2018, a decline of 33.67 per cent.
In July, the automaker had cut its production by 25.15 percent to 1,33,625 units.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%