Maruti Suzuki workers end strike at Manesar
Workers at Maruti Suzuki's plant in Manesar, Haryana ended a strike on Thursday, a spokesman for the company said, adding that production had resumed at the facility after halting for a few hours.
July 28, 2011 / 23:34 IST
Workers at Maruti Suzuki's plant in Manesar, Haryana ended a strike on Thursday, a spokesman for the company said, adding that production had resumed at the facility after halting for a few hours.
"One of the supervisors was assaulted by some workers at the Manesar plant yesterday," the spokesman said, adding that a section of workers had stopped work on Thursday after the company tried to take disciplinary action.India's top car maker, Maruti, 54.2% owned by Japan's Suzuki Motor Corp, produces about 1,200 vehicles a day from the Manesar plant, including the hatchbacks Swift and A-Star models and the DZiRE and SX4 sedans.In June, about 800 workers went on a 13-day strike at the Manesar plant, crippling production and leading to more than USD 90 million in lost output. Workers had demanded recognition of a new union specific to the plant.Maruti, which sells nearly half of all passenger cars in India, saw its sales drop by 8.8% to 80,298 vehicles in June, marking its first decline since December 2008.Shares in Maruti, valued by the market at USD 7.9 billion, closed down 1.93% at Rs 1,185.90 in a weak Mumbai market. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
