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Maruti Suzuki to shut production on Friday

Maruti Suzuki India, the country's biggest carmaker by sales, said it would shut production for a day at both of its plants on Friday to adjust inventory levels in response to falling sales.

Updated on: Jun 07, 2013 02:06 AM IST
Reuters | By , New Delhi
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Maruti Suzuki India, the country's biggest carmaker by sales, said it would shut production for a day at both of its plants on Friday to adjust inventory levels in response to falling sales.

The company, controlled by Japan's Suzuki Motor Corp, has been producing about 5,000 vehicles per day on average at the two plants, located in Manesar and Gurgaon.

The one-day unscheduled shutdown comes ahead of a planned maintenance shutdown between June 17 and June 22. The plants also have a scheduled holiday on Saturday.

Domestic sales at Maruti Suzuki fell 13% in May, with the Indian car market battling its worst slump in 12 years, hurt by high interest rates, rising fuel prices and prolonged economic gloom.

 
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk Hunger Strike LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk Hunger Strike LIVE and more across India.
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