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Car makers cut production sharply to adjust to slowing demand

Updated : December 12, 2018 14:14:38 IST

Car manufacturers across the board have cut production sharply due to a tepid festive season demand.

As per the Society of Indian Automobile Manufacturers (SIAM) data, car makers cut output by 20 percent in November.

Maruti Suzuki has cut production by almost 12 percent. Mahindra & Mahindra has cut production by almost 26 percent and Tata Motors reduced production by 22 percent.
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