GM India slows down production due to lack of demand
December 29th, 2008 Leave a comment Visited 26 times, 1 so far today
GM India slows down production due to lack of demand
General Motors India has announced that they are cutting their production by up to 10 per cent from its two plants.
The Indian automobile market is facing a slump and there is slowing demand for cars in the market.
General Motors India Vice-President P Balendran said in a statement: “We usually have annual plant maintenance shut down for 7-10 days. This time we have extended it up to 15 days and it will result in a reduction in production by up to 10 per cent.”
The plants located at Halol in Gujarat and at Talegaon in Maharashtra would remain shut down from December 16 till the end of this year.
Balendran added: “The extended maintenance shut down will result in loss of only nine working days as we work on a five-day week basis”.
Automobiles, Automobiles, Cars, GM, GM India, Gujarat, Halol, India, Maharashtra, Talegaon
Manuj Kumar
Category: Uncategorized
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