Press Esc to close
Wednesday 23 August 2017
News updated at 8:42 AM IST

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

August 1, 2013, New Delhi, PTI: 0:08 IST
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
A boy running on a wooden bridge through a floating garden of lotus flowers on...

A boy running on a wooden bridge through a floating garden of lotus flowers on...

After their wedding ceremony, groom and bride, Nathan Mauger, Connie Young with...

After their wedding ceremony, groom and bride, Nathan Mauger, Connie Young with...

The moon passes in front of the sun for a total solar eclipse visible...

The moon passes in front of the sun for a total solar eclipse visible...

The sun rises over the coal-fired power station...

The sun rises over the coal-fired power station...

Sikh devotees pray near the Sikh holy book, Guru Granth Sahib, during at the Golden Temple...

Sikh devotees pray near the Sikh holy book, Guru Granth Sahib, during at the Golden Temple...

Chicken traders sell chicken in a market, in...

Chicken traders sell chicken in a market, in...

Bollywood actor Varun Dhawan, Jacqueline Fernandez and Taapsee Pannu at the launch...

Bollywood actor Varun Dhawan, Jacqueline Fernandez and Taapsee Pannu at the launch...

Iceland horses run together in their paddock in Wehrheim...

Iceland horses run together in their paddock in Wehrheim...

Devotees participate in the Peli and Kali Marbat procession as part of Pola festival...

Devotees participate in the Peli and Kali Marbat procession as part of Pola festival...

Bollywood actors Jacqueline Fernandez and Aditya Roy Kapur walk the ramp during the grand finale...

Bollywood actors Jacqueline Fernandez and Aditya Roy Kapur walk the ramp during the grand finale...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.