The country's largest car maker Maruti Suzuki India (MSI) is undertaking a one day-production cut at its Gurgaon plant on Saturday amid declining sales.
'There will be a one-day production suspension at the Gurgaon plant. The Manesar plant will function normally,' a company official said.
The company's Gurgaon plant rolls out models, including the M800, Alto series, WagonR, Estillo, Dzire and Ertiga. It has a capacity to roll out between 3,500 and 4,000 units a day.
'The reason for the one-day production shut down at Gurgaon is due to market slowdown,' the official said, however, adding production of engines at the plant for supplies to its Manesar facility would continue as usual.
MSI had reported 7.89 per cent decline in its total sales at 1,09,567 units in February 2013. It had sold 1,18,949 units in the corresponding month last year.
In February this year, MSI had recorded domestic sales of 97,955 units compared to 1,07,653 units in the year-ago period, registering a fall of 9.01 per cent.
The company's total passenger car sales in the domestic market dipped by 10.89 per cent to 83,865 units from 94,118 units in the same month of 2012.
Sales of the company's mini-segment cars, including M800, A-Star, Alto and WagonR, fell by 15.87 per cent to 41,311 units during the month from 49,104 units in February 2012.
In the compact segment (comprising Estilo, Swift and Ritz models), MSI witnessed a dip of 13.90 per cent in sales to 24,021 units from 27,899 units in the same month a year ago.
Sales of Omni and Eeco, also fell by 38.87 per cent to 8,133 units from 13,305 units in February 2012.
BOSCH’S BANGALORE PLANT WORKERS GO ON ‘TOOL DOWN’ STRIKE
Auto component maker Bosch Limited on Friday said workers at its Bangalore plant have gone on a tool down strike from Friday without prior notice.
‘Workmen of the company’s Bangalore plant have resorted to an illegal ‘Tool Down’ strike with effect from the end of first shift of 7 March 2013, without giving any prior notice to the management,’ the company said in a filing to the BSE.
Without disclosing how much production has been affected, it said: ‘Efforts are in hand to resolve the matter with the Union and restore normalcy at the earliest.’
The company’s Bangalore plant has a history of workers unrest and in September 2011, the plant was shut down temporarily following strike by workers.
The strike at Bosch comes on the same day when auto major Mahindra & Mahindra announced that the 3-day tool down strike by workers at its Nashik plant has been called off.
'There will be a one-day production suspension at the Gurgaon plant. The Manesar plant will function normally,' a company official said.
The company's Gurgaon plant rolls out models, including the M800, Alto series, WagonR, Estillo, Dzire and Ertiga. It has a capacity to roll out between 3,500 and 4,000 units a day.
'The reason for the one-day production shut down at Gurgaon is due to market slowdown,' the official said, however, adding production of engines at the plant for supplies to its Manesar facility would continue as usual.
MSI had reported 7.89 per cent decline in its total sales at 1,09,567 units in February 2013. It had sold 1,18,949 units in the corresponding month last year.
In February this year, MSI had recorded domestic sales of 97,955 units compared to 1,07,653 units in the year-ago period, registering a fall of 9.01 per cent.
The company's total passenger car sales in the domestic market dipped by 10.89 per cent to 83,865 units from 94,118 units in the same month of 2012.
Sales of the company's mini-segment cars, including M800, A-Star, Alto and WagonR, fell by 15.87 per cent to 41,311 units during the month from 49,104 units in February 2012.
In the compact segment (comprising Estilo, Swift and Ritz models), MSI witnessed a dip of 13.90 per cent in sales to 24,021 units from 27,899 units in the same month a year ago.
Sales of Omni and Eeco, also fell by 38.87 per cent to 8,133 units from 13,305 units in February 2012.
BOSCH’S BANGALORE PLANT WORKERS GO ON ‘TOOL DOWN’ STRIKE
Auto component maker Bosch Limited on Friday said workers at its Bangalore plant have gone on a tool down strike from Friday without prior notice.
‘Workmen of the company’s Bangalore plant have resorted to an illegal ‘Tool Down’ strike with effect from the end of first shift of 7 March 2013, without giving any prior notice to the management,’ the company said in a filing to the BSE.
Without disclosing how much production has been affected, it said: ‘Efforts are in hand to resolve the matter with the Union and restore normalcy at the earliest.’
The company’s Bangalore plant has a history of workers unrest and in September 2011, the plant was shut down temporarily following strike by workers.
The strike at Bosch comes on the same day when auto major Mahindra & Mahindra announced that the 3-day tool down strike by workers at its Nashik plant has been called off.