The country’s largest car manufacturer Maruti Suzuki India (MSI) has announced a ‘one day production cut’ at its Gurgaon facility on Saturday due to market slowdown and declining sales.
A senior executive of the company said that they will suspend production of petrol cars on Saturday. The Manesar plant will function normally.
The automobile sector has seen steady decline in sales, mostly in the passenger car segment. According to the Society of Indian Automobile Manufacturers (SIAM), the segment may not make the 0-1 per cent forecast.
The company’s total passenger car sales in the domestic market stood at 83,865 units (Feb-13) as against 94,118 units (Feb-12), a fall 10.89 per cent.
Both their Mini segment (M-800/Alto/A-star/WagonR) and compact segment (Swift/Estillo/Ritz) saw a decline of 15.89 per cent and 13.9 per cent respectively.
Sales of Omni and Eeco, also fell by 38.87 per cent to 8,133 units from 13,305 units.
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.