Know your world in 60 words - Read News in just 1 minute
Hot Topics
Select the content to hear the Audio

Added on : 2019-09-04 17:24:56

With the crisis in the country's auto sector worsens due to falling sales, market leader Maruti Suzuki India (MSI) has announced to shut down its Gurugram and Manesar plants in Haryana for two days. The company said it will halt manufacturing operations at the two manufacturing facilities on 7 and 9 September.

"Both days will be observed as no production days," MSI said in a statement. Reeling under severe slowdown, the auto major had reduced its production by 33.99 percent 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 percent.

With the crisis in the country's auto sector worsens due to falling sales, market leader Maruti Suzuki India (MSI) has announced to shut down its Gurugram and Manesar plants in Haryana for two days. The company said it will halt manufacturing operations at the two manufacturing facilities on 7 and 9 September.

"Both days will be observed as no production days," MSI said in a statement. Reeling under severe slowdown, the auto major had reduced its production by 33.99 percent 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 percent.

Editor & Publisher : Dr Dhimant Purohit

Headlines

Good News

politics

India

World