List of articles tagged: Production cut

Honda Siel Cars India Limited announced production cut at its Greater Noida plant by about 50% from May, 2011. The announcement comes following a production cut by Honda Motor at its plants in Japan following a shortage of components due to the impact of the Tsunami on its parts suppliers.

Bharat Forge, has decided to lower its production as the demand from the car manufacturers has reduced. With the economic turmoil across the globe, the demand for new cars has declined across the globe.

The car market worldwide is going through a grim phase, and Toyota has joined the bandwagon by reducing its production in India. Even though the company hasn’t reduced its investment in the country, the way it has done in international markets, it has now scaled down production by 30% in the month of December.