Mumbai: Bajaj Auto may cut production as it sees a slowdown in motorcycle sales after the current fetival season, an executive director said on Thursday.
“We are preparing for a slowdown. This is the festive season, so demand is high but product rationalisation may happen from mid-November,” Sanjiv Bajaj told reporters at a conference.
“Production cut is not a bad word for us.”
Bajaj also said the company was extending credit directly to dealers and making faster payments to suppliers amid tight liquidity in the financial system.