India's largest carmaker Maruti Suzuki on Wednesday announced a two-day shutdown at its Gurugram and Manesar plants amid sector slowdown and muted demand. Maruti announced no-production days on September 7 and September 9 at the Haryana plants.
In a statement to stock exchanges, Maruti Suzuki India said its has decided to shut down the passenger vehicle manufacturing operations on both days.
The fresh development comes amid Maruti Suzuki India reducing its production by 33.99 per cent in August, making it the seventh straight month that it reduced its output under severe slowdown.
The company produced a total of 1,11,370 units in August as against 1,68,725 units in the year-ago month. Passenger vehicles' production last month stood at 1,10,214 units as against 1,66,161 units in August 2018, a decline of 33.67 per cent, it added.
Production of mini and compact segment cars including Alto, New WagonR, Celerio, Ignis, Swift, Baleno and Dzire stood at 80,909 units as against 1,22,824 units in August last year, down 34.1 per cent.
Production of utility vehicles such as Vitara Brezza, Ertiga and S-Cross declined 34.85 per cent to 15,099 units as compared with 23,176 units in the year-ago month.
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Mid-sized sedan Ciaz saw its production reduced to 2,285 units in August from 6,149 units in the same month last year.
Light commercial vehicle Super Carry's production was also trimmed to 1,156 units last month from 2,564 units in August 2018, the filing said.
In July, the automaker had cut its production by 25.15 per cent at 1,33,625 units.
On Sunday, the company had reported a 33 per cent dip in total sales last month at 1,06,413 units as compared with 1,58,189 units in August 2018.
