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News CORPORATE WATCH

  • Mar 05, 2013
  • Tata Motors slashes Nano production, signals mega slowdown

    After scaling back production of commercial vehicles and passenger cars, Tata Motors has now slashed production of the Nano. Production of the small car at the Sanand plant in Gujarat has been cut by over 80% to around 1,500 units a month to align with lower demand amid rising inventories. As a result, the company is now operating the plant four days per week on a single shift from a six-day work week earlier.

    Source - http://www.financialexpress.com