Press Esc to close
Thursday 27 November 2014
News updated at 10:30 PM IST
Weather
Max: 0°C
Min : 0°C
In Bengaluru
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
It is business as usual in Leopold Cafe on the eve of the anniversary ...

It is business as usual in Leopold Cafe on the eve of the anniversary ...

England's captain Alastair Cook (R) talks with his teammate Ravi Bopara...

England's captain Alastair Cook (R) talks with his teammate Ravi Bopara...

Models pose with a car during the inauguration of the Lamborghini showroom...

Models pose with a car during the inauguration of the Lamborghini showroom...

Women from the Delhi police force, undergo martial arts training...

Women from the Delhi police force, undergo martial arts training...

Indian tennis player Sania Mirza blows whistle to joins campaign...

Indian tennis player Sania Mirza blows whistle to joins campaign...

Children rights activist Baburaj, Good Sheperd High School headmistress ...

Children rights activist Baburaj, Good Sheperd High School headmistress ...

A Sun Bird sits on a branch of Jacaranda flower tree...

A Sun Bird sits on a branch of Jacaranda flower tree...

BJP MP'S meeting in Parliament house...

BJP MP'S meeting in Parliament house...

Bipasha Basu and Milind Soman at Pinkathon announcement

Bipasha Basu and Milind Soman at Pinkathon announcement

Modi with BJP leaders at an election rally in Jharkhand

Modi with BJP leaders at an election rally in Jharkhand

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