Daimler India shuts bus and truckmaking unit for 3 days on parts shortage

Daimler India shuts bus and truckmaking unit for 3 days on parts shortage
Share This :



By Sudarshan Varadhan and Aditi Shah


CHENNAI (Reuters) – Daimler’s Indian plant has shut its bus and truckmaking unit for three days because of parts shortages caused by lockdown restrictions across the country, a company spokesman said on Tuesday.


Commercial Vehicles (DICV) has declared a non-production day for June 1 ’til June 3, 2021, due to temporary parts shortages caused by lockdown restrictions,” the spokesman said in a statement.


The plant is the first near India’s Chennai automotive manufacturing hub to order a temporary shutdown owing to a parts shortage. Global carmakers such as Ford Motor Co, Hyundai Motor Co and Renault-Nissan ordered closures last week because of worker protests over safety.


India’s factory activity growth slowed significantly in May as rising coronavirus cases curbed new orders and output while scarcity of raw materials drove up input costs, a private sector survey showed on Tuesday.


Daimler said it is supporting its employees with its health programmes, adding that it will pay workers their full salaries for the non-production period.


DICV is unit of Germany’s Daimler group and manufactures and sells trucks, BharatBenz buses and Mercedes-Benz coaches in India.


The company’s plant near Chennai also produces for Daimler truck brands such as FUSO, Mercedes-Benz and Freightliner, exporting to more than 60 markets around the world.


 


(Reporting by Sudarshan Varadhan; Editing by David Goodman)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

, Daimler India shuts bus and truckmaking unit for 3 days on parts shortage, Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor





Source link

Share This :