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Maruti to halt Gurgaon petrol car production on Saturday

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Reuters NEW DELHI
Last Updated : Mar 08 2013 | 1:20 PM IST

NEW DELHI (Reuters) - Maruti Suzuki India Ltd will suspend production of petrol cars at one of its plants on Saturday, a company executive said, as the country's top car maker looks to cut inventory amid slowing sales.

The executive did not say whether Maruti, controlled by Japan's Suzuki Motor Corp , will extend the production cut beyond Saturday at the Gurgaon factory.

Maruti's sales in February fell 8 percent from a year earlier, with the industry bracing for its first decline in annual sales in a decade, as sluggish economic growth continues to weigh on demand.

(Reporting by Anurag Kotoky; editing by Malini Menon)

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First Published: Mar 08 2013 | 1:09 PM IST

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