Tractor Gyan Blog

Home| All Blogs| Mahindra to observe no production days at plants for up to 13 days this quarter
SHARE THIS

Mahindra to observe no production days at plants for up to 13 days this quarter

    Mahindra to observe no production days at plants for up to 13 days this quarter

The company would be observing no production days during the first quarter ranging between 5-13 days across its automotive and farm equipment sector plants, M&M said.

08 Jun, 2019

Homegrown auto major Mahindra & Mahindra (M&M) Saturday said it will shut production across plants for up to 13 days in the ongoing quarter to adjust to market demand.


The company would be observing no production days during the first quarter ranging between 5-13 days across its automotive and farm equipment sector plants, Mahindra tractors said in a regulatory filing.

 

"The management does not envisage any adverse impact on the availability of vehicles in the market due to adequacy of vehicle stocks to serve the market requirements," it added.

 

Last month, Maruti Suzuki India (MSI) had shut production for a day at its Gurgaon and Manesar plants to manage rising inventory levels.


Auto manufacturers have been facing muted sales for quite some time now. The slowdown has forced companies to adjust their production schedules to market demand.


Overall passenger vehicle sales in India dropped over 17 percent in April, the worst monthly fall in nearly eight years, as subdued sentiment and the ongoing liquidity crunch hit car sales.

Homegrown auto major MahindraNSE -0.16 % & Mahindra (M&M) Saturday said it will shut production across plants for up to 13 days in the ongoing quarter to adjust to market demand.

The company would be observing no production days during the first quarter ranging between 5-13 days across its automotive and farm equipment sector plants, M&M said in a regulatory filing.

"The management does not envisage any adverse impact on availability of vehicles in the market due to ..

 
Homegrown auto major MahindraNSE -0.16 % & Mahindra (M&M) Saturday said it will shut production across plants for up to 13 days in the ongoing quarter to adjust to market demand.

The company would be observing no production days during the first quarter ranging between 5-13 days across its automotive and farm equipment sector plants, M&M said in a regulatory filing.

"The management does not envisage any adverse impact on availability of vehicles in the market due to ..

 

Source: Economic Times

 

Read More

 Which tractors are best-budget tractors in 2021? Where to buy them from?       

Which tractors are best-budget tractors in 2021? Where to buy them from?   

  Read More  

 कृषि में मुनाफा देने वाले, ये हैं भारत के टॉप 7 ट्रैक्टर - 2021।       

कृषि में मुनाफा देने वाले, ये हैं भारत के टॉप 7 ट्रैक्टर - 2021।                                              

Read More  

 जानिये नये महिंद्रा 575 डीआई एक्सपी प्लस पुराने महिंद्रा 575 डीआई से कितना अलग है!       

जानिये नये महिंद्रा 575 डीआई एक्सपी प्लस पुराने महिंद्रा 575 डीआई से कितना अलग है!      

Read More

Write Comment About BLog.

Enter your review about the blog through the form below.



Customer Reviews

Record Not Found

blog

https://images.tractorgyan.com/uploads/3958/61eff658517eb_image.jpg

Tube Investments to buy 70% stake in e-tractor co Cellestial for Rs 161 cr

Marking its aggressive foray into e-mobility space, Murugappa group company Tube Investments of Indi...

https://images.tractorgyan.com/uploads/3906/61e01c1b42cbd_vlog-(2).jpg

Annual tractor production crosses 1 m, exports surpass 1 lakh for the 1st time in 2021

Despite hitting a 20-month low in production and domestic sales in December, the calendar year 2021...

https://images.tractorgyan.com/uploads/3877/61d5672d5049e_fada.jpg

Retail Tractor sales down by 10.32% YoY in December 2021 shows Fada Research

The tractor industry sees a huge and massive difference in the sales figure of Dec 2021 as and when...

Tractorgyan Offerings

Popular Second hand Tractors

Locate Tractor Dealers/Showroom