Press Esc to close
Wednesday 05 August 2015
News updated at 1:20 AM IST
Weather
Max: 28.6°C
Min : 21°C
In Bengaluru
Generally cloudy
Breaking News

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
Locals wade through a waterlogged road after high tide on River Ganga at Kalighat...

Locals wade through a waterlogged road after high tide on River Ganga at Kalighat...

Foreign tourists wade through a waterlogged road after high tide on Ganga river at Kalighat...

Foreign tourists wade through a waterlogged road after high tide on Ganga river at Kalighat...

Children sitting on the roof of a house in a flooded village at Satul in Murshidabad...

Children sitting on the roof of a house in a flooded village at Satul in Murshidabad...

Manish Malhotra with actress Aishwarya Rai on the ramp at the India Couture Week...

Manish Malhotra with actress Aishwarya Rai on the ramp at the India Couture Week...

Juhi Chawla at an interactive session on health hazards due to mobile radiations in Mumbai...

Juhi Chawla at an interactive session on health hazards due to mobile radiations in Mumbai...

Sania Mirza walks the ramp during a fashion show at India International Jewellery Week...

Sania Mirza walks the ramp during a fashion show at India International Jewellery Week...

Nawazuddin Siddiqui in Bhopal on Monday to promote his upcoming film 'Manjhi - The Mountain Man'...

Nawazuddin Siddiqui in Bhopal on Monday to promote his upcoming film 'Manjhi - The Mountain Man'...

Sonam Kapoor walks the ramp during India International Jewellery Week...

Sonam Kapoor walks the ramp during India International Jewellery Week...

Kohli reacts at a hotel staff after arriving at Hotel Taj in Colombo...

Kohli reacts at a hotel staff after arriving at Hotel Taj in Colombo...

Chitrangada Singh walks the ramp during India International Jewellery Week...

Chitrangada Singh walks the ramp during India International Jewellery Week...

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