Press Esc to close
Wednesday 03 September 2014
News updated at 12:24 PM IST
Weather
Max: 0°C
Min : 0°C
In Bangalore
Sunny day

M&M to stop production for up to 6 days in forthcoming months

August 1, 2013, New Delhi, PTI:
File Photo.

Hit by the slowdown, auto major Mahindra & Mahindra on Thursday said it will stop production for up to six days in the forthcoming months at its automotive plants to adjust output to demand in the market.

The company had on July 11 announced that it would stop production at its automotive plants for a period ranging from 1 to 8 days during the remaining period of the month.

"...As part of aligning its production with sales requirements, (the company) would be observing no production days at its automotive plants for a period ranging from 0-6 days in the forthcoming months," Mahindra & Mahindra (M&M) said in a filing to the BSE.


Mahindra Vehicle Manufacturers Ltd, a wholly owned subsidiary of the company ,would also be observing similar no production days for its plant at Chakan, it added.

Apart from the Chakan unit (Maharashtra), the company manufactures its automobiles at plants including in Nashik and Haridwar. The announcement comes in the wake of declining sales the company has witnessed. M&M today reported 21.17 per cent decrease in its total sales at 37,096 units in July, 2013 as compared to 47,059 units in the same month last year.

The company on Thursday reported 21.17 per cent decrease in its total sales at 37,096 units in July, 2013.

The company had sold 47,059 units in the same month in 2012, Mahindra & Mahindra (M&M) said.

Go to Top

Photo Gallery
England's Steven Finn survives a run out attempt

England's Steven Finn survives a run out attempt

President Pranab Mukherjee at Mata Vaishno Devi shrine on Tuesday. J & K Governor NN Vohra is...

President Pranab Mukherjee at Mata Vaishno Devi shrine on Tuesday. J & K Governor NN Vohra is...

India's Ravindra Jadeja celebrates after bowling England's Eoin Morgan

India's Ravindra Jadeja celebrates after bowling England's Eoin Morgan

Shuttler PV Sindhu, bronze medalist at World Badminton Championship, speaking to the media with ...

Shuttler PV Sindhu, bronze medalist at World Badminton Championship, speaking to the media with ...

England's Chris Woakes, right, is run out for 10 runs...

England's Chris Woakes, right, is run out for 10 runs...

Indian cricketer Yuvraj Singh, right, watches Jamaican sprinter Usain Bolt bowl during a...

Indian cricketer Yuvraj Singh, right, watches Jamaican sprinter Usain Bolt bowl during a...

Dhoni And Jos Buttler at the fourth one-day international cricket match...

Dhoni And Jos Buttler at the fourth one-day international cricket match...

A devotee carries a statue of the Hindu god Ganesh, the deity of prosperity, to be immersed into...

A devotee carries a statue of the Hindu god Ganesh, the deity of prosperity, to be immersed into...

Ajinkya Rahane celebrates after scoring a century against England during the fourth One Day...

Ajinkya Rahane celebrates after scoring a century against England during the fourth One Day...

Cricketer Yuvraj Singh presents a bat signed by him to Olympic Gold Medalist sprinter Usain...

Cricketer Yuvraj Singh presents a bat signed by him to Olympic Gold Medalist sprinter Usain...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523