As slowdown in the auto industry continues, more companies have decided to halt production temporarily.
These include Tata Motors, Hero MotoCorp as well as TVS Group companies Sundaram-Clayton Limited (SCL) and Lucas TVs, among others.
Already, Mahindra, Suzuki, Toyota and Ashok Leyland have announced production cuts due to the prevailing market demand scenario. Tata Motors has decided to halt production at the company’s Jamshadepur facility, which produces commercial vehicles, for two days.
The factory will remain closed on August 16 and 17, owing to decline in demand in the market. Tata Motors went for a day’s closure on August 1.