Maruti Suzuki India has said that it will not be dispatching any vehicle to dealers during its week-long annual plant maintenance shutdown as it has no stock due to high demand. MSI will be closing its plants at Gurgaon and Manesar for a week from December 27 to January 3. Usually the company keeps enough stocks to supply to its dealers during the maintenance shutdown.
“We will have our annual maintenance shutdown from next week. So during this period, one week's production will not be available for dispatches,” Maruti Suzuki India (MSI) Chief General Manager (Marketing) Shashank Srivastava said.
According to reliable sources, MSI will incur a loss of 25,000 units during the week-long shutdown period as it does not have any inventory to dispatch to the dealers.
“Usually MSI has 5-7 days of stock. However, this time, it does not have any inventory due to very high demand throughout the year. In December, MSI is unlikely to sell one lakh units in the domestic market” a source said.
MSI’s domestic sales crossed one lakh units twice in October and November at 1,07,555 units and 1,02,503 units respectively.
Including exports, MSI sold a total of 1,12,554 vehicles in November, the sixth time in this fiscal that the company’s monthly sales figure crossed one lakh mark.
The company had reported its highest ever total monthly sales at 1,18,908 units in October, registering a robust 39.21 per cent jump over the year-ago period.