Maruti Suzuki India, the country's largest car maker, is undertaking a
one day-production cut at its Gurgaon plant on Saturday amid declining sales.
The company's Gurgaon plant, which manufactures models including the M800, Alto series, WagonR, Estillo, Dzire and Ertiga, has a capacity to roll out between 3,500 and 4,000 units a day.
"There will be a one-day production suspension at the Gurgaon plant. The Manesar plant will function normally," a company official said. "The reason for the one-day production shut down at Gurgaon is due to market slowdown."
The official said production of engines at the plant for supplies to its Manesar facility would continue as usual.
Business Today, in a September 2012 report, had analysed the changing face of
India's automobile market. Over the past two years, the share of petrol cars in total sales has fallen to 50 to 60 per cent from 85 per cent. In models with both petrol and diesel options, 70 to 75 per cent of buyers are opting for the latter.
Maruti Suzuki 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.
Shares of the company were trading
down 2.1 per cent at Rs 1,421 on the Bombay Stock Exchange in afternoon trade.
With inputs from PTI
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