Crisis Looms : Maruti Suzuki to Halt Production for Two Days

The country’s largest carmaker Maruti Suzuki India (MSI) on Wednesday said it has decided to suspend production at its Gurugram and Manesar plants in Haryana for two days. These units together manufacture over 15 lakh units per year.

The company said it will halt Manufacturing operation at the two manufacturing facilities on September 7 and 9. “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.

Maruti is not the only company which has cut its production,many other companies have also downsized their production in the wake of fallen demand.