Mahindra To Halt Production For Four Days

Indian auto manufacturer Mahindra have planned to stop production for four days this month owing to low demand for their vehicles.

All the plants, including their plant at Chakan will stop production for four days during the remaining period of this month.

Mahindra, who have three manufacturing plants in India, Chakan (near Pune), Nashik and Haridwar, say that there is enough stock of vehicles currently to serve the needs of the domestic market.

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The Mumbai based vehicle manufacturer saw a drop in sales of 9.91 percent their utility vehicles, selling 14,348 units in July. During the month, Mahindra had manufactured 15,927 units of utility vehicles.

During the period of April to July this year, Mahindra's utility vehicle sales dropped 6.91 percent, to 66,528 units. Their production was also down by 7.09 percent, to 71,212 units.

After a long wait, the domestic sales of cars went up for the third time this July by 5.04 percent.

According to data by The Society of Indian Automobile Manufacturers (SIAM), domestic passenger car sales was 1,37,873 units in July this year, when compared to 1,31,257 units sold during the same time a year ago in 2013.

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