Maruti Suzuki India on Wednesday said it had decided to shut down its passenger vehicle manufacturing operations at Gurugram and Manesar plants for two days. In a regulatory filing to the Bombay Stock Exchange (BSE), the country’s largest carmaker said the two plants will remain shut on September 7 and September 9. “Both days will be observed as no production days,” Maruti Suzuki said. Maruti Suzuki shares fell as much as 3.72 per cent to Rs. 5,824.50 apiece on the BSE.
Maruti Suzuki India had cut its production by 33.99% in August, making it the seventh straight month that the country’s largest car maker reduced its output. The company produced a total of 1,11,370 units in August as against 1,68,725 units in the year-ago month, Maruti Suzuki India (MSI) said in a filing to the BSE on Monday.
The country’s largest carmaker Maruti Suzuki India on Sunday reported a nearly one-third decline in sales at 1,06,413 units in August. The company had sold 1,58,189 units in August last year. Domestic sales declined by 34.3 per cent at 97,061 units last month as against 1,47,700 units in August 2018. Sales of mini cars comprising Alto and WagonR stood at 10,123 units as compared to 35,895 units in the same month last year, down 71.8 per cent.