Maruti Announces "No-Production Days" In Haryana Plants Amid Auto Crisis: 10 Points

Maruti Suzuki shares fell as much as 3.72 per cent to Rs 5,824.50 apiece on the BSE.

Corporates | Edited by | Updated: September 04, 2019 13:12 IST

Maruti Suzuki produces about one in two of the passenger vehicles sold in the country

Maruti Suzuki India on Wednesday said it had decided to shut down its passenger vehicle manufacturing operations at Gurugram and Manesar plants for two days. In a regulatory filing to the Bombay Stock Exchange (BSE), the carmaker said the passenger vehicle manufacturing operations at the two plants will remain shut on September 7 and September 9. The "no production days" at Maruti Suzuki's Gurugram and Manesar plants come amid a prolonged slowdown in sales and lakhs of estimated job cuts in the country's auto sector.