Mahindra and Mahindra to suspend production for 1-8 days in July - Indian Express

Reuters : Mumbai, Thu Jul 11 2013, 12:37 hrs Mahindra and Mahindra said it will have 'no production days' at its automotive plants for period ranging from 1 to 8 days for rest of July. The company also informed that its unit Mahindra vehicle manufacturers will have no production days for about 8 days in July at Chakan plant. The company added that it does not envisage any adverse impact on availability of vehicles in the market. Mahindra & Mahindra has informed BSE that the Company, as part of aligning its production with sales requirements, would be observing 'No Production Days' at its Automotive Plants for a period ranging from 1 to 8 days during the remaining period of July, 2013. Further the Company also informed that one of its wholly owned subsidiaries viz. Mahindra Vehicle Manufacturers Limited would also be observing 'No Production Days' for about 8 days during the remaining period of July 2013 at its Plant situated at Chakan. The Management does not envisage any adverse impact on availability of vehicles in the market due to adequacy of vehicle stocks to serve the market requirements. ALSO READ Motown puts brakes on new launches as sales cool World's first solar-powered 'family car' developed New engine plant to give Hyundai an edge in diesel car offerings Mercedes A-Class: A in the three-pointed star Please read our terms of use before posting comments TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s). via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHmYwdFUrsdQfoUg0ck4oANmsXztg&url=http://www.indianexpress.com/news/mahindra-and-mahindra-to-suspend-production-for-18-days-in-july/1140519/

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