Auto

Suzuki loses US$18m daily after plant shutdown

Thursday, August 23, 2012 | 3:49 PM    

Print this page Email A Friend!


NEW DELHI, India (AP) — A factory owned by India’s largest carmaker, Maruti Suzuki, has reopened after a riot by workers last month killed a company manager and injured dozens.

Around 500 police and security personnel stood guard as workers lined up earlier this week to enter Maruti’s plant in Manesar, a suburb of New Delhi. The shutdown was costing the company US$18 million a day and eroding market share. Maruti Suzuki, a subsidiary of Japan’s Suzuki Motor Corporation, has two car assembly plants in India.

The reopened plant will produce 150 cars a day — less than 10 per cent of its capacity, officials said.

The July 18 riot was sparked by a labour dispute that ended with workers attacking managers and setting part of the plant on fire. The company fired 500 workers accused of spearheading the violence.

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Poll

If you found $10 million in the street would you return it to the owner?
Yes
No


View Results »


ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT