Maruti Suzuki may cut production

Maruti Suzuki may cut production
PTI
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First Published: Wed, Dec 24 2008. 01 05 PM IST
Updated: Wed, Dec 24 2008. 01 05 PM IST
New Delhi: The country’s largest car maker, Maruti Suzuki, on Wednesday said it may consider production cut if the market does not improve.
The company, which has been negotiating contract manufacturing deal for its A-Star model with Nissan, also expects to start exports for the Japanese car maker by around February-March next year.
Maruti Suzuki India Managing Director, Shinzo Nakanishi said that across the world there has been a slowdown in demand, including China, India and other BRIC countries (Brazil, Russia, India, and China).
On the company’s planned export of the A-Star for Nissan, an agreement on the volume has not been signed as yet but shipment to Europe is “expected by about February-March next year,” he said.
In the April-November period, the company’s sales growth witnessed a negative growth of 3% compared with the corresponding period last year.
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First Published: Wed, Dec 24 2008. 01 05 PM IST