Chennai: The largest commercial vehicle maker Tata Motors has lowered production at its Pantnagar (Uttarakhand) facility to 15,000 units of smml pick-up trucks this month from 18,000 units last month amid sputtering sales.
With the industry facing the worst slowdown in the two decades, auto-makers are cutting down on production and dealers reducing inventor to minimise the impact.
Tata Motors’ commercial vehicles domestic sales declined 36 per cent to 22,453 units in July from 34,817 units in July 2018, while SCV and pick-ups fell 30 per cent to 10,937 units in July.
The Pantnagar facility manufactures the sub one-tonne mini-truck Tata Ace series and Intra truck, the small commercial vehicle.
“As indicated earlier, external environment remains challenging, leading to demand contraction. We have aligned our production to actual demand and have accordingly adjusted the number of shifts,” Tata Motors said in a statement.