Tata Motors Ltd. and Mahindra crisis

Mumbai, SATURDAY - Indian automotive producers Tata Motors Ltd. and Mahindra & Mahindra Ltd. will close the factory until six days in December because of weak demand vehicles affected by the tight financing in the middle of a slowing economy.Manufacturers of vehicles leading the country, Tata Motors, plan, close factories, vehicles weighing in East India for six days, said a spokesperson for Tata.It is said that at the beginning of this week Tata has meutuskan will close the commercial vehicle factory in western India for three days.

Tata Motors, the leading producer for the bus and truck, stated that vehicle sales in November dropped 30 percent to 32,696 units.

Meanwhile, the tractor manufacturer and the largest utility vehicles, Mahindra, states, most of the factory will close up to six days in December due to decreased demand. "Considering the decline in demand, the company decided to stop production to match demand for this December," he said.

Mahindra, which also produces berpatungan Logan sedan with Renault, beginning this weekend, stating that the problems light sales in November decreased 39 percent to 11,273 units.