Maruti Suzuki will stop the production of all its plant across the country in the last week of December.
The production will be withheld for 10 days as a part of annual maintenance by the company. The maintenance takes place every year in two lean seasons — June-July or December. Maruti Suzuki follows the maintenance work every year and this year it is going to happen in December.
According to a source, the production plant would be shut from December 25 to January 3, 2009. Maruti Suzuki, being renowned and the largest car manufacturing company of India manufactures around 2,300-2,400 car a day.
With the present crisis, the company's sales went down by 24 percent and overall passenger car sales shrunk by 19 per cent, the first time in the current fiscal. According to car dealers, the halt in production would help reduce the stock of cars at their end.
Mr. Gulshan Ahuja, Secretary General, Federation of Automobile Dealers Association said, “With car dealers also having huge stocks, companies are taking efforts to correct their inventory. But it would still take some time.”